Social democracy is dead and has been dead for years. It died back with when the state could dictate and manage its own contained economy. The evolution of the state has no control of the economy, it is in an impossible foreign debt situation, and can take away anything a social-democracy ever established (to maintain social order), on the excuse it is trying to avoid bankruptcy. The evolution of the state has it borrowing from the future (of endless economic development) to keep the wealthy happier today, and the poor more desperate as time passes. It is borrowing from a future that does not exist, from an earth and an ecosystem that has been depleted and is dying. Social democracy was a temporary solution to prevent “state capitalism” (only true anti-communists would call that communism) from expanding to more countries. Continue reading “On the illusion of social democracy”
- With all the Marxist focus on the means of production (based on 19th century patterns) banks were a side service of the production economy.
- As industry grew beyond borders and markets opened up across borders, international banking became complex.
DRAFT of what is to come:
Neoliberalism is the development of capitalism, it is not a different system, it is its evolutionary stage
Capitalists were loosely organized through a nation-state and competed with capitalisms of other states. Therefore at times of clash there were national wars. Continue reading “Neoliberalism and capitalism; what is the difference?”