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To say that capitalism restricts the flourishing of these values is not to argue that capitalism has run counter to freedom and democracy in every instance. Rather, through the functioning of its most basic processes, capitalism generates severe deficits of both freedom and democracy that it can ne…

Winning government power and using it to break the dominance of the capitalist class is a necessary condition for beginning the transition to socialism. A government run by a socialist party (or a coalition of left and working-class parties) would move to bring the economy’s key industries and ente…

But the sheer volume of spending tells us little about the political valence of government action.