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Cassandra anonymous's avatar

Good to read on the day that Marxist-Islamists are demonstrating in Times Square. Would that they could all be made to read it.

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Alex's avatar

This reads like a cautionary tale of socialism, which is indeed true, but where is the cautionary tale about late stage capitalism? The entire reason people even consider socialism is because they are tired of late stage capitalism: private equity cannibalizing local businesses and communities to maximize profit, the wealthy bending the rules to benefit their industries (read: crypto), the financialization of real estate pushing housing out of reach for large swaths of people.

I am not saying socialism is the answer, but to me the (legitimate) criticism of socialism needs to be balanced with the (also legitimate) criticism of capitalism, which is arguably more relevant today as we actually live in a capitalist society, not a communist one.

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