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Mutualist Blog: Free Market Anti-Capitalism

To dissolve, submerge, and cause to disappear the political or governmental system in the economic system by reducing, simplifying, decentralizing and suppressing, one after another, all the wheels of this great machine, which is called the Government or the State. --Proudhon, General Idea of the Revolution

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Location: Northwest Arkansas, United States

Monday, January 24, 2011

At C4SS: Getting Off the Hamster Wheel


Blogger Julia Riber Pitt said...

"In the short run, Keynesianism is the only way to prevent the collapse of state capitalism. But in the long run, state capitalism is unsustainable. The only way out is to go beyond state capitalism."

Sad but true.

My friends and I like to play a game where we predict when state capitalism will end. Some claim it will burn out in after a few generations, others claim it won't last another 50-100 years because it's so unsustainable and crisis-prone. I myself can't see the current system lasting much longer, especially now with all the uprisings and general strikes in various places throughout the world (Greece, Spain, the UK, Bangladesh, Tunisia, Jordan, you get the idea) which show that people have had enough. Not to mention the people here in the US who are sick of being taxed to death in order to bail out the corporate fatcats. Then again, feudalism and chattel slavery lasted for hundreds of years, so who can say?

But no matter how long it lasts, it's going to be painful.

January 24, 2011 7:19 PM  

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