How One Chart Shows That Even The Harshest Critics of Capitalism are Too Soft On It
And what we could do about it — the Neoliberal Developmentalist Case Against Capitalism
If you read my articles, you either think that capitalism is bad, or you write for the Atlantic. I’m not going to argue the case against capitalism. It’s been done better elsewhere, and I assume that you’re well aware of that and have detailed opinions on the subject.
There is one thing that most anti-capitalists think is good about capitalism: that it develops the productive forces. As Marx (as much as I disagree with the Marxists) wrote in the Communist Manifesto:
The bourgeoisie cannot exist without constantly revolutionising the instruments of production, and thereby the relations of production, and with them the whole relations of society. Conservation of the old modes of production in unaltered form, was, on the contrary, the first condition of existence for all earlier industrial classes. Constant revolutionising of production, uninterrupted disturbance of all social conditions, everlasting uncertainty and agitation distinguish the bourgeois epoch from all earlier ones…
The bourgeoisie, by the rapid improvement of all instruments of production, by the immensely facilitated…
