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Socialism - The Only Practical Alternative to Contemporary Capitalism (Paperback)
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Socialism - The Only Practical Alternative to Contemporary Capitalism (Paperback)
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Since the end of World War II, global capitalism, spearheaded by US
financial interests and backed by the most lethal military force
that has ever been assembled, has consolidated its power over the
world economy. In the past decades, especially, transnational
corporations have tightened their control over national governments
and international institutions. The imposition of free trade
policies and the increasing privatization of social services have
facilitated the accumulation of fabulous wealth for the owners of
capital at the expense of working people and the environment
worldwide. Contemporary capitalism now dominates every major sector
of the world economy. The social and environmental costs of
contemporary capitalism are prohibitive. The global megatrends of
rising inequality and absolute poverty, political instability, and
global climate change-all compounded and accelerated by this
predatory mode of production-are adversely affecting the lives and
threatening the future of every inhabitant of nations and the
entire world. In view of these megatrends and the current global
economic crisis, the conclusion that contemporary capitalism does
not serve the interests of the vast majority of the people on the
planet and is both economically and environmentally unsustainable,
is self-evident. History offers harsh lessons. The political
violence of the 20th century, which resulted in an estimated 200
million deaths and untold economic and environmental destruction,
cautions us to work for socialism in the 21st century with every
means at our disposal except violence. Facing the awful power and
willingness of capitalism to coerce and corrupt, we must find ways
to make soft power prevail. Clearly, a revolution is in order-it is
time to place the socialist alternative on the national and world
agenda.
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