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A Critique of Capitalism

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  Capitalism sucks . But why? a (video) essay by Charles-Olivier Rivard The world we currently live in is dominated by a ‘social’ and economic system based on ‘competitive’ markets, private ownership of the means of production, and wage-labor. Capitalism. We keep getting told by its proponents that this system of so-called free markets breeds freedom, innovation, happiness, democracy and efficient allocation of resources, right as we observe incredible surges in wealth inequality and poverty, as well as a seemingly unsolvable and rapidly incoming climate crisis. Some even go as far as to argue that state intervention is the root cause of those problems, and that a laissez-faire, neoliberal economy would be much better for everyone. An ‘invisible hand’ guiding the markets. However, many are the reasons for which Capitalism is a horrible economic system, so let’s take some time to actually critique it. TABLE OF CONTENTS QUALITY OF PRODUCTS 2 INNOVATION 3 EFFICIENCY 4 IMPACTS ON...
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Welcome to my Blog!

Hello, welcome to my personal blog. My name is Charles, I'm a 17 years old freelance writer, and I like politics , books and tech . This website is mainly about those two things, so I hope it's something many people will enjoy. I'm an Orthodox Marxist/Anarcho-Syndicalist and I have a few economic/political essays to write, which I will post here. As for tech, I'm into various products, I do not have a specific niche. It's pretty much the same thing with books.  Make sure to subscribe to the newsletter for no reason 🤔 Links Fiverr   TikTok YouTube
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Addressing Social-Democracy VS Marxism

    First, let’s get the obvious stuff out of the way, you can’t compare Marxism and Social Democracy, one is a materialist analysis of history focused on class struggle, and a critique of political economy - by marxism people usually meant socialism or communism, and social democracy is a ‘mixed economy. Social democracies are meant to mitigate inequalities created by capitalism, by using a system of progressive taxation and social benefits. Sure social democracies have improved material conditions for the working class when compared to free-market capitalism, the NHS is a good example of this. Though even after accounting for imperialism and exploitation of the global south that they heavily rely on, there are significant problems that remain with social democracies.      Secondly , the mechanisms in capitalist economies have a tendency to generate gross inequalities of income, wealth and opportunities. Since most of the wealth is generational, you ...
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