On the surface, degrowth sounds like an economics of scarcity, as many on both the right and left have been quick to allege. But in fact exactly the opposite is true.
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The closure of the last shipyard in Belfast would end centuries of ship building in the city. A group of workers are demanding the U.K. nationalize the yards.
Venezuela has become a popular argument against socialism amongst conservatives because of the deep economic crisis it is currently traversing. Defenders of the Bolivarian project, though, say that US sanctions and economic war are to blame for the crisis. Greg Wilpert presents an analysis that tries to take all the factors into account
After nearly a century, it seems that the idea of Socialism is finally gaining popular appeal. Almost 40 years of Neoliberal economic orthodoxy is taking a toll upon society and the environment. Growing inequality, anthropogenic climate change, endless wars, financial crises, and a government more responsive to the needs of the capitalist class than those of the masses, among other things, is causing people to look more critically towards capitalism.
Intuitively, it is a stretch to assert that a social system with a wide range of goals of which the development of the productive forces is only one, will surpass a society consumed by the singularity of that goal. The incentive-egalitarian balance highlights that trade-off. And if we accept that the path to socialism will involve sacrifices and choices all along the way, including in its construction, then winning people to the socialist cause and keeping them there will have to be based on their desire for something different rather than the questionable promise of socialism bringing not only more justice, more democracy, more workplace control, but also more growth.
We need to see the limitations of social democracy. It is designed to preserve and contain capitalism, not to confront it.
In this interview, Wolff discusses how the revolutions that overthrew feudalism laid the foundations for our current crisis of capitalism, why historical models of socialism put into practice failed, and what lessons we can learn from them in creating a new socialism.
In 1985 Ernesto Laclau and Chantal Mouffe published their ground breaking work Hegemony and Socialist Strategy: Towards a Radical Democratic Politics. Coming at the beginning of the era of neoliberalism’s political and economic hegemony, the pair argued for a radical re-visioning of traditional left politics. This book attempted to integrate the politics of democratic socialism with insights derived from anti-colonial struggles, post-structuralism, and the new social movements addressing racism, sexism, gay rights and environmental issues.
“Populism” is a magical word. Its mysterious power unites the Erdogan and Putin governments, Latin American leftists like Evo Morales and the late Hugo Chavez, the resurgent Right in Europe and the United States, Hungarian and Polish anti-communist parties, Podemos, the Eurocommunism of the tragic Syriza, the revitalizers of social democracy Bernie Sanders and Jeremy Corbyn – all under the same umbrella.
The basic problem we have with parecon as advocated by Michael Albert is that we think he proposes blueprints for society without attempting to provide anything empirical to back up his claims. Whenever a criticism is raised, Albert’s response is to assert the beauty and elegance of his model, or to claim he has already considered this or that objection, so why are we being so critical? Of course, since the model is not functioning in the actual world, there is no evidence to falsify it, and Albert can always double down on its elegance in his ideal mindscape.