- Capitalism is the system of economy where a minority of individuals personally own the means of producing goods and services; and of distributing them (capital). They employ workers to use the means of production to create products and perform services, paying them less than the value their work creates for the owner upon sale of the goods produced. The remaining difference (surplus value) is called profit which the owners receive when they exchange and sell goods produced for them by workers to consumers (either other capitalist operations, capitalists or workers as consumers). Workers own their labor, but no means of production. The cost of paying for a worker’s living conditions is always less than the value of worker’s productivity. Capitalists are always trying to increase profits by reducing workers’ share of the economy, in any way possible.
- Capitalists are very powerful because their control of the economy and wealth enables them to dominate politics, the media and culture. They have the two parties in their pocket as paid servants who are handsomely awarded for their services. Under the direction of capitalists, democracy becomes a propaganda fabrication. Billions of dollars decide elections, in which voters are periodically given the choice — every two to six years — to endorse a candidate handpicked from one or another of the two big business parties. The decision making of government is accomplished by backroom brokering and the working population has effectively no input on policy. The capitalists and their lobbyists closely collaborate with corrupt politicians and judges to undermine the position of the working class.
- Capitalists in each country are always competing for markets abroad, raw materials, cheap labor, and profit opportunities. This causes the division of the world, the race to the bottom in workers’ conditions, and war. Consequently trillions are spent on military spending and war preparations. With two world wars in the 20th century and constant colonial war for the last 30 years. The world is headed to a Third World War.
- Capitalism isn’t interested in long term survival of the species if it impinges on profit, therefore the capitalists haven’t marshaled resources to stop global warming, to address world poverty, global crises and epidemic disease control. The threat of nuclear annihilation which grows every year with billions poured into nuclear weapons as nuclear war policy becomes more reckless.
- Capitalism is always cutting or undermining the availability and affordability of housing, healthcare, education, retirement and food, throwing billions of people into insecurity and paycheck to paycheck existence.
- As capitalism declines it repeals past gains of the working class in these areas. It corrupts and has taken over the unions, which have fallen to cover only 10% of the population and specialize in sellout contracts and hoarding workers dues.
- Capitalism is an anarchic system run by competing plutocrats who own 90% of the wealth of the earth in their private bank accounts. It is running the world into the ground.
- Socialism is a system of economy and politics where housing, health, food, education and retirement are guaranteed. An equitable distribution of wealth goes to the whole population instead of rich capitalists. Through direct democracy, economic and political decisions are planned. Rational and science based decisions can be made to address the world’s problems and decide what to do with the economic surplus. With the removal of personal ownership of the means of production and distribution of goods according to need – not position or birth – corruption through money and luxuries becomes a thing of the past. All political roles become limited, subject to recall. Political workers are paid no more than a common workers wage and every decision involves the direct participation of the population. Competition between nations becomes cooperation.
- Socialism as an alternative to capitalism is subject to constant propaganda war by the capitalist class and their paid servants in academia and journalism. The biggest lie is that several dictatorships in the 20th century, including the Soviet Union and China, were “socialist countries.” These regimes advertised themselves as a socialist alternative to Western capitalism, but lacked the basic rudiments of socialist economies, socialist democracy or socialist politics. Some of the surprisingly large amount of common ground that these regimes held with Western capitalism is that they both agreed that “socialism” consisted in an elitist dictatorship of a state bureaucracy distributing things from the top down in a fundamentally capitalist way. Both these Stalinist regimes and the Western capitalist countries agreed that this was “real, existing socialism,” to stave off and discourage the real socialist movement from taking power in any western or eastern bloc country. After a few decades experimenting with top down planning of one degree or another, most countries in the Stalinist orbit restored capitalism completely by the decision of the bureaucrats, who then became the ruling capitalists after splitting up the state economy among themselves. These bureaucrats subsequently became spokesmen and evangelists of capitalism. Even after the Soviet Union was gone and China became a capitalist market economy, the story that socialism was the same thing as Stalinism was repeated endlessly in an attempt to silence those who fought for something better. It was even declared that the “end of history” had occurred, but despite the fall of the Eastern Bloc, depressions, wars, poverty, standard of living decline and international crises continued, refuting the rosy outlook of capitalist spokespeople in the 90s. All the criticisms of capitalism made by socialism were proven all over again and the apologists of capitalism could only respond with more slanders and derogatory stereotypes taken out of the old 50s Red Scare playbook.
- Socialism is a movement by and for the working class, seeking working class direct control over the economy, government and world politics. The bank accounts, stock portfolios and holdings of the super-rich will simply no longer be recognized. All decisions and power will go to the working class, which will decide on a working class policy through direct democracy to benefit the 90% of the population who are being punished by the misrule of the super-rich, the social deprivation of capitalism and the international crises which it has so brutally mismanaged again and again. The working class form their own political party, separate and independent from any capitalist party, and do not seek to work through capitalist politics but abolish them and replace them with true democracy and a government of working class power representing the interests of the world working class. Workers of every country must overthrow their capitalist governments and immediately remodel the global political and economic ecosystem into that of a socialist world federation. This is why it is important to ignore those reformist parties who exist to funnel working class anger away from revolution and back into capitalist politics. These fraud “leftists” “progressives” and even “socialists” act as a last line of defense of capitalism and only betray the working class in every country. Socialism is not reformist and nothing can be gained through reformist measures. The replacement of capitalism by socialism is a life and death question for the species.
2 thoughts on “Ten Points on Socialism”
I think .2 needs some work – “Capitalists are very powerful because they have the two parties in their pocket as paid servants who are handsomely awarded for their services. They direct government policy through close collaboration with lawmakers and judges.” Rather than “capitalists are very powerful” I”d suggest “A restricted form of democracy (Representative democracy) is often associated with Capitalism. A series of parties with a limited range of differences compete during elections to select representatives to elected legislative chambers. Election campaigns involve expensive advertising and restrictive laws that maintain large “mass parties”. Political activity is defined and restricted to voting for a political party. Political parties define the acceptable range of discourse. Discourse is directed towards trivial differences in policy. News coverage focusses on personalities and irrelevant events. As capitalism faces crises, the range of discourse has been further limited and directed to the right. Industrial interests in this system are seen as “sponsors” rather than corruption. Most capitalist countries do not espouse democratic rule, especially those who have been the subject of intense imperialist activity, such as coups or invasions. These countries are ruled by elites who owe their power entirely to imperialist intervention, and are effectively vassal states – that is they de facto ruled by imperialist nations such as the United States, the UK, France and Germany.
There are nations that espouse representative democracy but which effectively function as vassal states, such as Australia and New Zealand.
LikeLiked by 1 person
“Capitalism is an anarchic system”. — maybe it would be clearer to say “chaotic” or even “chaotic and disaster prone.
LikeLiked by 1 person