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.
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?
Many leftists will say there's a good way of implementing UBI. But on a foundational level, UBI results in middle class pacification, and an increased emphasis on consumerism.
In this post I'll highlight three common misconceptions about Marx, often even held by Marxists. These misconceptions are based in a warping of understanding over time.