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OpEdNews Op Eds    H2'ed 2/9/19

Capitalism vs. Socialism Is a False Choice

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Reprinted from www.yesmagazine.org by David Korten

This is part two of a two-part series. See part one here.

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Economic power is-and always has been-the foundation of political power. Those who control the peoples' means of living rule.

In a democracy, however, each person must have a voice in the control and management of the means of their living. That requires more than a vote expressing a preference for which establishment-vetted candidate will be in power for the next few years.

My previous column, "Confronting the Great American Myth," distinguished true democracy from government by the wealthy, a plutocracy. Contrary to popular belief, the U.S. Constitution was written by representatives of the new nation's wealthy class to keep people like themselves in power.

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On Jan. 4, the newly elected Democratic majority in the U.S. House of Representatives introduced HR1, the For the People Act of 2019. Its aim is to make voting easier, reduce the influence of big money, and curtail gerrymandering. Even before it was introduced, the champions of having rich people rule were falsely characterizing it as an attack on the freedom of speech of ordinary Americans.


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The provisions of HR1 represent an important step in a transition from the plutocracy we have to the democracy most Americans want. Unfortunately, political gridlock assures that HR1 has no chance of becoming law until at least after the 2020 election. Yet the popular yearning for democracy reflected in that bill makes this a propitious moment for a serious conversation about what a true democracy might look like and why it would be a good idea.

We stand at an epic choice point for our nation and for humanity. The plutocracy now in place has put us on a path to self-extinction-a future with no winners, rich or poor. We must now seek a path that restores the health of Earth's regenerative systems while securing equity, material sufficiency, peace, and spiritual abundance for all-exactly the opposite of the plutocrats' drive to secure the power, privilege, and material excess for themselves. This makes democracy far more than just a good idea; it is now an imperative.

The power of plutocracy depends on keeping the people divided against each other along gender, racial, religious, or other fault lines. The goal is to divert our attention from themselves so that they can maintain their power and continue to amass wealth.

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Champions of plutocracy would also have us believe that we must choose between two options: capitalism (private ownership and management) or socialism (government ownership and management). They prefer we not notice that in their most familiar forms, both capitalism and socialism feature an undemocratic concentration of control over the means of living in the hands of the few. Democracy is essential for either to work effectively for the benefit of all.

Plutocrats generally favor capitalism, because in the extreme form we now experience, it supports virtually unlimited concentrations of wealth and power. Its practitioners are also drawn by capitalism's ideological claim that unregulated markets will assure that the presumed benefits of a growing economy will be shared by everyone, and so the rich need not bear any personal responsibility beyond maximizing their personal financial gain.

The critical economic and political question for humanity is not whether our means of living will be controlled by corporations or government, but whether control will be concentrated for the benefit of the few or dispersed, with benefits shared by everyone.

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David Korten is co-founder and board chair of the Positive Futures Network. This article draws from his newly released book, The Great Turning: From Empire to Earth Community. Go to www.yesmagazine.org/greatturning for book excerpts, related (more...)
 
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