SOS Alternatives to Capitalism

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A Socialist Project e-bulletin .... No. 1051 .... November 4, 2014
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SOS Alternatives to Capitalism:

A discussion with Richard Swift

Montreal Serai had the opportunity to discuss SOS: Alternative to Capitalism -- a handy, slim compendium of vital, essential thoughts and discussions on the concept of an alternative economy and society -- with Richard Swift. His new book has been brought out by BTL (Between the Lines) and New Internationalist Publications and has been excellently received in various circles, both academic and activist. He was interviewed by Rana Bose, co-editor of Montreal Serai where it was first published.


Rana Bose (RB): Capitalism re-invents itself often. Even if the world dies, capitalism makes it through in some other metaform. Capitalism has never really been on its death bed. Imperialism has been and is. I recently heard Ron... Paul dismiss any criticism of Capitalism, as "Oh! That's all crony capitalism that's terrible. I am for free market capitalism." You talk about pre-capitalist communitarian alternatives. Can you elaborate on that further, as it relates to advanced industrial nations, like Canada? Can the alternative communitarianism displace ‘free market’ capitalism when it comes to meeting the consumption needs of a large middle class and working poor?

Richard Swift (RS): Well a few points I guess. I think Capitalism has a strong utopian streak à la Ayn Rand. So that when Ron Paul talks about capitalism as the ‘perfect market’ it is something that has never existed and can never exist. All capitalism is crony capitalism just that some forms of it are more overt than other forms. Once you have a system based on everyone seeking individual advantage you have an in-built tendency toward monopoly and the arbitrary use of power. These will always tilt the market against those without the means to compete. The world economy dominated by transnational corporations cannot ever allow the kind of competition of small holders that is the basis of market utopianism.

The communal traditions that predated or coexist (still coexist) with capitalism are means of recognizing that there are limits to the domination of economic life over all other forms of life that capitalism adamantly insists on. If we free life from the domination of the economy we open up the possibilities for a richer more multiple life than the mere seeking of individual advantage. The economy and provision for people's needs (but not their fantasy desires) still exists but is not the total measure of progress. Other criteria for measuring progress come into play: sustainability, well being, conviviality, fraternity and sorority, equality and liberty in a real sense are given space where previously they had been strangled by the domination of all things economic. The economy becomes embedded in society rather than dominating and disciplining it. There are many thinkers from Karl Polyani to Andre Gorz as well as countless communalist traditions that have championed this course. It does not answer all problems but there is no reason to believe that this kind of ‘servant economy’ rather than a ‘master economy’ could not meet the needs of billions of people. We would have to however abandon many of the consumer fantasies of speed and power that occupy so much psychic space under the current system. No room for jet skis I think.

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