The “special edition” includes writings from many ‘liberal thinkers,’ and yes, the term seems to be an oxymoron.

Via Washington Examiner.

The Nation, a magazine that has long stood as the standard-bearer for liberalism, has devoted a special issue to declaring that capitalism has failed and must be scrapped.

The issue includes a symposium of liberal thinkers on what system to adopt aside from capitalism, including one who offered qualified praise for Nazi Germany’s economic programs.

“Adolf Hitler practically abolished German unemployment within five years, and Franklin Roosevelt triggered a spectacular recovery and reindustrialization with the New Deal,” wrote British economist Paul Mason, author of the book PostCapitalism: A Guide to Our Future, in a column for the magazine’s issue cover-dated May 22-29. The issue is headlined “Out From Under Capitalism.”….

He concluded his piece by arguing that the “one big cause” liberals must embrace is “a systemic project of transition beyond capitalism.” He said that this will require “using the existing, oppressive, imperfect state while simultaneously trying to democratize it. Street protests, mass resistance, strikes, and the occupation of squares are great ways to assemble the forces….

Joelle Gamble, a student activist and contributor to the symposium, similarly believes in taking complete control of the government and looks to Rep. Keith Ellison, D-Minn., deputy chairman of the Democratic National Committee, as a leader….

The Ugly Racism of Karl Marx

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  1. Alain41 says:

    Well so much to disagree with. Picking one; The New Deal times included high tariffs. Does The Nation therefore agree with Trump instituting a hefty Border Adjustment Tax? Being against a Big BAT is more capitalist than anti-capitalist. Happy Days are here again..

  2. Dalgon says:

    Not a whole lot of daylight between Nazis and Progressives during that period. Both were Eugenics proponents. Both had economic agendas that called for demand economies. Political blood brothers.

  3. Alain41 says:

    In other ‘must be scrapped’ news; Mr. Charlie Munger, Vice-Chairman of Berkshire Hathaway (Warren Buffett’s company) alongside Buffett & Bill Gates, told CNBC that he’s for Medicare for all. “The amount of waste from overtreatment of the dying is just disgusting” said the 93 yr. old Munger. He said that the current U.S. health system gives U.S. companies a big disadvantage in competing with businesses from single payer countries.

    Worth remembering that company based health care ins. started with Business. They offered it to get/keep workers during WWII. Workers & Unions liked it and ever since it has been part of U.S. employee benefits. If Munger doesn’t want his business to pay for health ins., he can cancel it. Likely end up in court over that but so what. Instead, he wants gov’t to take it over. Same as with so much, if you need to get rid of something, give it to Gummint, then you can’t be criticized for action while saving yourself money.

    • Alain41 says:

      Relative to Medicare & capitalism; the minimum wage. Increases to min. wage are discussed as to impact on business, jobs. That’s good but I wonder if politicians encourage that discussion because they’re concerned with something else, eg, gov’t revenue. If min. wage goes up then States should get greater tax income and Feds should get increased revenue for Social Security, Medicare, and Medicaid. Thereby, don’t have to cut State budget or address entitlement programs. That may be why pols are signing on to increase even though they know it hurts business and jobs. Similar to Rove selling Bush’s health care expansion, if you pass this then you won’t have to worry about health care for another 10 years.

  4. VelvetHammer says:

    You know, I sit and think that these people are crazy. Then I am reminded that actually, they’re dangerous. Maybe Sean Penn, Danny Glover, Oliver Stone, Naomi Campbell etc., all of whom have benefited from capitalism but tout the wonders of socialism/communism, can give all of us lessons on how well that has worked out for the people of Venezuela and Cuba.

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