Tag: capitalist life crisis

Alternatives to capitalism

sanjay perera

by Gregory Albo It is said so frequently now that socialism is dead that even socialists no longer notice.  This view is based, in good part, on the end of the political formations that came to represent socialism through the twentieth century (tiny Cuba notwithstanding).  The statist command economies of Eastern Europe, the diverse state-led national liberation projects of the South, and the social democratic welfare statism of Western capitalism have all fallen victim either to internal collapse or external de-stabilization.  The old joke of the Soviet leadership that the central question facing the US was the prospects for capitalism … Continue reading Alternatives to capitalism

The capitalist life crisis

sanjay perera

by Jeff Noonan The failure of the Durban Conference on Climate Change, (December, 2011) to agree to anything more substantial than that all nations would work together to develop binding targets for reduced greenhouse gas emissions by 2015 is a metonym for the life-crisis besetting globalised capitalism.[1] Because global capitalism subordinates what John McMurtry calls “life-value”  to the expansion and accumulation of  money-value, it progressively undermines the conditions of planetary life-support, human life-requirement satisfaction, and meaningful human life-capacity development and enjoyment.[2]  Resources, relationships, practices, norms, institutions, and forms of life-activity have life-value when they:  a) satisfy objective requirements of human … Continue reading The capitalist life crisis