A boomer entangled in the US dystopia. Always been an outsider (neurodivergent?). Latecomer to anarchism after a long winding road. he/him
Posts
I don't think that taxing wealth down to size will ever happen (because wealth is power and the richest people in the world will not allow it), but even if it could somehow be achieved I cannot endorse that approach because I do not accept that ends justify means (in fact I think there are only means, no "ends"). Taxation is a means that depends on many things that I fundamentally oppose.
This doesn't mean I would oppose increased taxes on the rich if it were to happen somehow,* just that I would not feel right about diverting energy and effort into trying to make that happen as a solution because, however positive it might seem, it would depend on perpetuating systems and power structures that I utterly oppose.
* edit: though it could mean that, depending on what was to be done with those funds.
@olliestudio45@theforkiverse.com @AlexanderKingsbury@mastodon.social
So-called "free market" is a fantasy caricature that does not accurately reflect reality.
thread continues here:
@magitweeter@mastodon.social
@AlexanderKingsbury@mastodon.social @maddad@mastodon.world @MikeDunnAuthor@kolektiva.social
Frederick Douglass was also a slave:
"The abolitionist and former slave Frederick Douglass initially declared "now I am my own master", upon taking a paying job. However, later in life he concluded to the contrary, saying "experience demonstrates that there may be a slavery of wages only a little less galling and crushing in its effects than chattel slavery, and that this slavery of wages must go down with the other". Douglass went on to speak about these conditions as arising from the unequal bargaining power between the ownership/capitalist class and the non-ownership/laborer class within a compulsory monetary market:
"No more crafty and effective devise for defrauding the southern laborers could be adopted than the one that substitutes orders upon shopkeepers for currency in payment of wages. It has the merit of a show of honesty, while it puts the laborer completely at the mercy of the land-owner and the shopkeeper."
@AlexanderKingsbury@mastodon.social @drmambobob@ecoevo.social
Owning stock shares is not the same as ownership of the corporation. Corporations really own themselves.
"Capitalism and extreme poverty: A global analysis of real wages, human height, and mortality since the long 16th century"
https://www.sciencedirect.com/science/article/pii/S0305750X22002169
Highlights:
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The common notion that extreme poverty is the “natural” condition of humanity and only declined with the rise of capitalism rests on income data that do not adequately capture access to essential goods.
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Data on real wages suggests that, historically, extreme poverty was uncommon and arose primarily during periods of severe social and economic dislocation, particularly under colonialism.
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The rise of capitalism from the long 16th century onward is associated with a decline in wages to below subsistence, a deterioration in human stature, and an upturn in premature mortality.
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In parts of South Asia, sub-Saharan Africa and Latin America, wages and/or height have still not recovered.
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Where progress has occurred, significant improvements in human welfare began only around the 20th century. These gains coincide with the rise of anti-colonial and socialist political movements.
Abstract:
"This paper assesses claims that, prior to the 19th century, around 90% of the human population lived in extreme poverty (defined as the inability to access essential goods), and that global human welfare only began to improve with the rise of capitalism. These claims rely on national accounts and PPP exchange rates that do not adequately capture changes in people’s access to essential goods. We assess this narrative against extant data on three empirical indicators of human welfare: real wages (with respect to a subsistence basket), human height, and mortality. We ask whether these indicators improved or deteriorated with the rise of capitalism in five world regions - Europe, Latin America, sub-Saharan Africa, South Asia and China – using the chronology put forward by world-systems theorists. The evidence we review here points to three conclusions. (1) It is unlikely that 90% of the human population lived in extreme poverty prior to the 19th century. Historically, unskilled urban labourers in all regions tended to have wages high enough to support a family of four above the poverty line by working 250 days or 12 months a year, except during periods of severe social dislocation, such as famines, wars, and institutionalized dispossession – particularly under colonialism. (2) The rise of capitalism caused a dramatic deterioration of human welfare. In all regions studied here, incorporation into the capitalist world-system was associated with a decline in wages to below subsistence, a deterioration in human stature, and an upturn in premature mortality. In parts of South Asia, sub-Saharan Africa, and Latin America, key welfare metrics have still not recovered. (3) Where progress has occurred, significant improvements in human welfare began several centuries after the rise of capitalism. In the core regions of Northwest Europe, progress began in the 1880s, while in the periphery and semi-periphery it began in the mid-20th century, a period characterized by the rise of anti-colonial and socialist political movements that redistributed incomes and established public provisioning systems."
edited 8 Oct 2024 to add this side note:
You may encounter pro-capitalism arguments that offer supposed evidence from data presented at a site called "Our World In Data" (often quoted by mainstream journalists). Do not take anything from that site at face value! The data presented is often incomplete, cherry-picked, manipulated, and not standardized properly. Biases are ignored and uncertainties treated as fact. Here is a revealing article about the people and agenda behind that site:
The Unbearable Anthropocentrism of Our World in Data https://www.counterpunch.org/2024/07/26/the-unbearable-anthropocentrism-of-our-world-in-data/
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