Sunday, August 23, 2015

Steve McGiffen — The European project is not about fostering peace – it’s about fostering capitalism

Capitalism gives only what we can extract from it.
The term "capitalism" means that capital is prioritized over people (labor) and the environment (land) as a factor of production. Because favoring capital in necessary for growth (read increased wealth) and a rising tide lifts all boats. In other words, trickle down.

In other words, the bias of capitalism is toward capital formation (preservation and expansion). Therefore, the people at large (labor) and the environment (land) are left to pursue their interests independently. This is the value of democracy in a society with a capitalistic economy.

Labor and environmentalists must advocate for them own interests against the those advocating for the interests of capital. The former are at a disadvantage owing to the influence of class and power structure being based on wealth in a capitalistic society, which tends toward plutonomy.

Morning Star (Socialist)
The European project is not about fostering peace – it’s about fostering capitalism
Steve McGiffen
ht Clonal

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