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A lot of dumb takes in the comment section here. It's astounding the conclusions people come to. Joseph Stiglitz is absolutely right, but a lot of you need to view societies in a less rigid, linear, and positively Manichean manner.
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https://www.abc.net.au/news/2024-08-11/joseph-stiglitz-the-road-to-freedom-neoliberalism-fascism/104210670
This feels like an appeal to authority. He's an economist, not a political scientist. His Nobel prize was in contributions around screening, which is important but has jack shit to do with fascism. And he's held some opinions before that were highly controversial to say the least, like advocating for the breakup of the eurozone. Just because he says it and he has a shiny prize doesn't mean it's right.
Doesn't mean he's wrong either.
I can see many pathways from neolib capitalism to oligarchy to fascism.
I think you may just be anti-intellectual and looking for any hook to discredit the discussion.
First, the definition of appeal to authority, since it's one of the most misunderstood fallacies. Citing someone based on their area of expertise is not appeal to authority. The problem is when you cite the stated opinion of someone, but their area of expertise is not directly relevant to that opinion. I'm a software developer, I could give you an expert opinion on various topics in that area. But outside of topics I am an export on, appeal to authority.
I didn't say he's necessarily wrong. But at the same time, he got his Nobel prize by being an economist who made a substantial contribution to economics. He is not an expert on fascism. His expert opinions in economics often run counter to many other credible expert economists, so you should consider those other expert opinions as well and not just listen to the person who tells you want you want to hear. That's certainly not anti-intellectual.
Experts and intellectuals should absolutely be considered to better understand a subject, but they're not some infallible oracle of truth. They contradict each other, are often limited by an ivory tower environment, and operating in the same societal context as everyone else.
Anti-intellectualism is a hallmark of fascism too :)
Right, because orthodox economists are so good at listening to what political scientists are saying.
The scholars outside economics have been screaming about it for years.
But it seems it takes one of their own for them to maybe potentially consider the possibility that there might exist some specific corner case in which they might need to ponder the necessity to listen. And even then, economics reductionists will still pretend it's suspect.
There is one big flaw with socialism: socialist governance seems to require concentrating an extraordinary amount of power in elite government decision makers; this tends to produce a new ruling class, the widespread deprivation of political rights for everyone else, and crippling poverty.
Nothing in this article is about socialism.
The elimination of private property and the shifting of ownership from the rich to the people doesn't change the power required to regulate/administer anything. Either way the same amount of regulation is needed, and the same amount of administration is needed. Capitalism is just dictatorship in the workplace, and it needs to end yesterday.
To put it another way, compare two cities.
City A:
- Has 100,000 mouths to feed
- Needs and maintains 1000 high density apartment buildings, 1000 medium density apartment buildings, and 1000 low density residential buildings
- Has 100km of transportation network to maintain
- The means of production is owned by the rich
City B has the exact same population, infrastructure requirements, etc. It is basically a carbon copy of city A. However in city B the means of production is democratically controlled (and therefore owned).
Both cities have the same food requirements, the same amount of concrete needed, the same amount of everything is needed identically between them. The implementation of socialism doesn't change the amount of political power needed to keep things running. It has however, shifted the political power away from the dictatorship of the CEOs and company board members to the vote of the people. Here in the U.S. we (on paper) wouldn't tolerate a dictatorship in the government. So why the fuck do we tolerate it in the workplace? The workplace should be a democracy too (and not the shitty failed kind of democracy that is the U.S. government).
Marxism and socialism are not the answer to the ills of capitalism, though. People don’t necessarily want to be responsible for organizing production, and group dynamics which plague capitalist societies will crop up again, leading to unequal distribution of resources, and again fascism.
Such anti-social group dynamics are almost always resultant from the natural levels of greed and self-preservation which people possess, like favoring people from their religion or culture over others.
Capitalism needs to be controlled and made reasonable via high tax rates to reduce funding for lobbying. Under prepared and ill informed masses do not need to be given controls over production. There are also many who want people to give up individual liberties to live in communes. Fuck off with that, no one wants to live in your fucking commune with you.
I disagree, something has to be born out of capitalism. Shits on life support right now.
I think a gift economy would be best but, if we keep thinking behaviors like greed can't be legistlated, we'll never get ahead.
Could you tell me what you believe socialism to mean?
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YoU dOn’T kNoW wHaT lIBeRaL mEaNs
this post was submitted on 12 Aug 2024
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