Bookmarker is a personal project by @dellsystem to help with retaining reading material. Source on GitHub.

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9 years, 3 months ago

capitalism is an undemocratic system

The capitalist argument that individual choice in the market equals freedom masks the reality that capitalism is an undemocratic system in which most people spend much of their life being “bossed.” Corporations are forms of hierarchical dictatorships, as those who work in them have no voice in how …

—p.56 The ABCs of Socialism Doesn’t socialism always end up in dictatorship? (52) by Joseph M. Schwartz
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9 years, 3 months ago

the socialist vision

democratic control over our workplaces and the other institutions that shape our communities is the key to ending exploitation.

That’s the socialist vision: abolishing private ownership of the things we all need and use—factories, banks, offices, natural resources, utilities, communication and t…

—p.50 Will socialists take my Kenny Loggins records? (46) by Bhaskar Sunkara
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9 years, 3 months ago

even a modest increase

[...] Even a modest increase in the total tax burden on the top 1 percent of earners to a 45 percent rate, far lower than its postwar levels, would bring in an additional $275 billion in revenue. [...]

—p.44 Don’t the rich deserve to keep most of their money? (36) by Michael A. McCarthy
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9 years, 3 months ago

positive freedom

In the context of tax policy, however, positive freedom matters as well. Positive freedom is the “ability to”—the capacity to do things, and the possibility of selecting goals and making efforts to realize them. Such freedom requires resources. In capitalist societies with low levels of redistribut…

—p.43 Don’t the rich deserve to keep most of their money? (36) by Michael A. McCarthy
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9 years, 3 months ago

taxation provides a partial remedy

Of course, hard work, guile, and luck afford some workers the ability to become capitalists. But the basic structure of capitalism, in which a small number own most of the productive assets, guarantees that the vast majority of people will (at best) spend their lives earning wages, but never profit…

—p.42 Don’t the rich deserve to keep most of their money? (36) by Michael A. McCarthy