Don't fall into the trap of asking or demanding capitalists to fulfill the role of the state. We want to strip them of their economic and political power, not expect them to save the day.
We don't know if a stock exchange on the west coast will succeed, but we do know that if it does, American capitalism will become more dystopian.
Capital continues to become concentrated in less and less places. Maybe this will, someday, make socialism more attainable and likely.
In this post, I give 4 points about socialism that people should keep in mind, to have a coherent, broad, and systemic understanding of socialism, to prevent being bogged down in capitalist talking points.
We don't need to 'convert' everyone into a Marxist theorist for socialism to succeed. But we need to do our best to counter reductive, misleading narratives that dominate capitalist politics.
There's much ado about the 'Trumpiest' democratic candidate - primarily targeting Biden or Sanders. But Buttigeig is really the Trumpiest. If you look past Trump's oafish assholery, this becomes even more clear.
Celebrating and acknowledging the importance of work doesn't mean turning work into an ethical principle. If anything, turning work into a virtue is, paradoxically, a tool of the capitalist class.
Capitalism depends on two values that share a currency: money and capital. Money is liquid currency that freely flows through the economy. Capital is money that has been invested, in order to generate profit.
Under capitalism, people have private property. Private property enables the capitalist class to extract surplus value from the workers. The way they do this is under-compensating their workers. They pay them less in wages than the workers generate in value. The surplus is called profit.
But what if profit was in the form of a currency that was completely divorced from the currency that wages are paid?
One argument I've seen against communism online revolves around arguing in favor of "managerial labor" - implying that under a communist system, that type of labor will no longer exist. A pithy expression of this argument is "someone has to write the checks!".
But, managerial labor is different than owning capital. In very small businesses, the owner is the manager, but there's nothing necessary about owning capital to then do managerial duties, and there's nothing necessary about being a manager that involves owning capital.
"We are haunted by futures that failed to happen." - Mark Fisher