Tuesday, August 31, 2010

Capitalism as a waste of time

"Capitalism is a Waste of Time: Godwin, Malthus & the Ideology of “No Alternative”

Nineteenth century socialists and radicals were animated by the belief that the labor of society, properly deployed, could usher in a society characterized by comfort, cooperation, and leisure. Socialist writers argued that it was society’s potential wealth, rather than existing, which should be the object of a new economic enquiry, and that the former would dwarf the latter. The key to the realization of this stupendous social wealth, to be enjoyed by all, was the conscious reorganization of the use and distribution of society’s greatest resource, its human labor power."

Author: Jason Rhodes
Read all the article from Insurgent Notes, Journal of Communist Theory and Practice


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