The problem is not that capitalism is a conspiracy of greedy people. The problem is that capitalism, as a way of organizing our collective life, does its best to force us to be greedy—and if that is true, then finger-pointing at nasty CEOs and investment bankers may be morally satisfying, but fails to address the problem. We are aiming for more than a world with nicer hedge-fund managers.
Two premises follow from this. First, we need to understand capitalism in more than just a wishy-washy, general way. If we want to change it, whether by tweaking or reworking the whole economic fabric of society, we need fairly detailed knowledge of the how, why, what, who, and where. Second, while critical theories (like Marxism) have a lot to offer, it is just as important to seriously engage capitalist theories of the capitalist economy, the ideas that make up modern orthodox ("neoclassical") economics and political economy. In other words, we have to recognize that as capitalism has developed, it has done so in tandem with ideas of human society with which it makes sense of itself.
Without some understanding of modern economic thinking, we cannot understand capitalism, because we cannot understand the logic and analysis that justifies it, that orders its institutions and gives it the legitimacy that has helped it survive and thrive for so long. Capitalism is organized the way it is because of how capital understands the world—an understanding, we must admit, shared by millions of people all over the world. Capitalism is not maintained by mere violence and deception. If it were, it would be far less robust. It is also sustained by a set of institutions, techniques, and ideas about human affairs and social goals that, for many people in the wealthy world, are unquestionable, as natural as gravity. Critics of capitalism ignore or dismiss these ideas at their peril.
inspo:
[...] calling capitalism a "mode of production" highlights the fact that there are other, different ways of organizing the social relations of economic life. Feudalism, which preceded capitalism in much of Europe, was one in which economic activity was organized by coercive lord-vassal relations of tribute and protection (and varied widely in the places and times historians call "feudal"). Another mode of production existed as the authoritarian "state socialism" of the former Soviet Union, a mode that most people erroneously call "communism" (largely because those systems misidentified themselves, of course; few would willingly call themselves "authoritarian state socialists").
footnote 2 explains why the USSR was not state capitalism, as some like to argue
[...] Geoffrey Ingham has most effectively conceptualized the essentials as: (1) private enterprise for producing commodities, (2) market exchange, (3) a monetary system based on the production of bank-credit money, and (4) a distinction role for the state in relation to these features.
If you want the privilege of competing in a team sport, Scout, show us that you can live within our perfectly reasonable system of directives designed to benefit you.
Kyle's parents lol
Afterward, our protestations of love poured forth simultaneously, linguistically complex and metaphorically rich: I daresay we had become poets. We were allowed to lie there, limbs intermingled, for nearly an hour. It was bliss. It was perfection. It was that impossible thing: happiness that does not wilt to reveal the thin shoots of some new desire rising from within it.
In the end, here’s how bad it got: I used a corner of the desk.
What’s death like?
You’re briefly unlimited.
I sailed right out through the roof.
And hovered above it, looking down. [...] killers all, all bad, I guess, although, in that instant, I saw it differently. At birth, they’d been charged by God with the responsibility of growing into total fuck-ups. Had they chosen this? Was it their fault, as they tumbled out of the womb? Had they aspired, covered in placental blood, to grow into harmers, dark forces, life-enders? In that first holy instant of breath/awareness (tiny hands clutching and unclutching), had it been their fondest hope to render (via gun, knife, or brick) some innocent family bereft? No; and yet their crooked destinies had lain dormant within them, seeds awaiting water and light to bring forth the most violent, life-poisoning flowers, said water/light actually being the requisite combination of neurological tendency and environmental activation that would transform them (transform us!) into earth’s offal, murderers, and foul us with the ultimate, unwashable transgression.
Wow, I thought, was there some Verbaluce™ in that drip or what?
But no.This was all me now.
Larry Donfrey of Larry Donfrey Realty stood near Roosten in just a swimsuit. Donfrey was a good guy. Good but flawed. Not that bright. Always tan. Yeow, what was his Boy of Summer? Surfer? Lifeguard? Partial Nudist? Was Donfrey attractive? Cute? Would the bidders consider Donfrey cuter than him, Al Roosten? Oh, how should he know? Did he like guys? Was he some kind of expert judge on the cuteness of guys?
No, he didn’t like guys and never had.
There had been a period in junior high, yes, when he had been somewhat worried that he might perhaps like guys, and had constantly lost in wrestling, because, instead of concentrating on his holds he was always mentally assessing whether his thing was hurting inside his cup because he was popping a mild pre-bone or because the tip was sticking out an airhole, and once he was almost sure he’d popped a mild pre-bone when he found his face pressed against Tom Reed’s hard abs, which smelled of coconut, but, after practice, obsessing about this in the woods, he realized that he sometimes popped a similar mild pre-bone when the cat sat on his groin in a beam of sun, which proved he didn’t have sexual feelings for Tom, since he knew for sure he didn’t have sexual feelings for the cat, since he’d never even heard that described as being possible. And from that day on, whenever he found himself wondering whether he liked guys he always remembered walking exultantly in the woods after the liberating realization that he was no more attracted to guys than to cats, just happily kicking the tops off mushrooms in a spirit of tremendous relief.
Have to do better! Be kinder. Start now. Soon they will be grown and how sad, if only memory of you is testy, stressed guy in bad car.
When will I have sufficient leisure/wealth to sit on hay bale watching moon rise, while in luxurious mansion family sleeps? At that time, will have chance to reflect deeply on meaning of life, etc., etc. Have a feeling and have always had a feeling that this and other good things will happen for us!
Just then father (Emmett) appears, holding freshly painted leg from merry-go-round horse, says time for dinner, hopes we like sailfish flown in fresh from Guatemala, prepared with a rare spice found only in one tiny region of Burma, which had to be bribed out, and also he had to design and build a special freshness-ensuring container for the sailfish.
Thomas: Wow, that treehouse is like twice the size of our actual house.
Pam (whispering): Don't say "like."
Me: Oh, ha ha, let him say what he wants, let's not be--
Thomas: That treehouse is twice the size of our actual house.
(Thomas, as usual, exaggerating: treehouse not twice size of our house. Is more like one-third size of our house. Still, yes: big treehouse.)