How is it that a large portion of the general European and North American populous still believe in democracy’s modern form is difficult to understand. The fact is that capitalism is inherently opposed to democratic social relations. This basic reality has reared its head once again, this time through what Henry Giroux labelled as Financial Authoritarianism. In other words: “The episode in Greece foreshadows a new kind of financial authoritarianism. Elections are now worthless since the financial institutions now control the economies of nation states. That is what this Greek debacle is all about. It is really a hard line message that the financial elite will not tolerate any left party arguing for social and economic investments against austerity.”
But the focus of this essay is not critique. The focus, instead, is a much more difficult course of reflection on how autonomous movements and leftist government policy might begin to subvert the current political and economic system from within, for the benefit of a fundamental transition out of capitalism.
in the time remaining, to help us understand how the man-made system of capitalism will lead to the extinction of our human species, and so many others.
Sunday, August 16, 2015
Alternatives to Capitalism: Greece, Grassroots (Participatory) Movements and the Question of “How?”
Click here to access article by R.C. Smith from Heathwood Institute and Press.