Is Capitalism the New Communism?

More deep thoughts. Have to think on this for a while.

Mediolana®

Screen Shot 2013-02-20 at 13.46.19The Ljubljana-born philosopher Slavoj Žižek – a commentator who is nothing if not inventive and prolific – recently caught the attention of our CSO with a Guardian piece entitled Why the free market fundamentalists think 2013 will be the best year ever (17th February 2013). One of the many points raised in this near-freestyle article is that free-market capitalists are utilising similar logic to that traditionally used by communists to explain away the inefficacious nature of a ‘collapsing’ system: capitalism is malfunctioning because its principles are being respected only in the breach. Ipso facto, if the ‘laws’ of capitalism were actually applied, then we would have no need to concern ourselves with an ultimately ‘impossible’ financial crisis.

Žižek is correct to point to the sometimes ludicrous measures that defenders of political or economic ideologies will employ when faced with the stark reality that their quasi-religious beliefs have been proven…

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Author: Gordon S. Bowman III

Writer, Visual Artist, Blogger, Advocate

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