‘This Will Be The End Of Late Stage Capitalism,’ Says Increasingly Nervous Communist For Seventh

‘This Will Be The End Of Late Stage Capitalism,’ Says Increasingly Nervous Communist For Seventh Time This Year

referring to “late” capitalism is a content-free vocal tic that only serves to mark the speaker as a muddled thinker

More Posts from Grumpyoldcommunist and Others

1 year ago

As someone working at a university my two cents is that the primary goal of a university is to get lots of state and federal grants and build lots of labs and hire lots of brilliant researchers and make lots of money and intellectual property so they can hire more researchers and get more grants and build more labs.

Education of the general populace is a desirable but more or less secondary byproduct. There's a reason the lectures are free online but the research papers (also funded by your taxes) are locked behind a paywall.

how am i seeing communists earnestly argue that the function of the university (in capitalist society!) is to educate people

1 year ago

I would try to design enough formal feedback channels (besides voting) so that public opinion could be inferred without a doubt. We already live in a time where people can yell at BART officials on Twitter directly about poor service; I don't think any official who ignored or willfully misinterpreted those demands would last very long in office. And again, the public would ultimately need to approve an economic plan, and could freely reject any that doesn't reflect their interests. This doesn't solve the tyranny of the majority, but it should prevent tyranny by the planners.

Exactly, what if people could propose what they want on the ballot via referendum, then the planners could crunch the numbers and come back with costs for the most popular choices? They could try to pull a fast one and say "actually bars and strip clubs will cost 10 million labor hours each; pick either booze or hospitals but not both" but I think the public would push back against that estimate. If the government's estimates are compromised, people could recall planners (or perhaps a new group of planners could be chosen randomly by sortition) and ultimately vote for any plan that seemed desirable and attainable, regardless of the source of the plan. If Jim Bob from Duluth has had better success in predicting costs than the professionals, there would be nothing stopping people from voting for his proposal instead.

On your point about labor discipline, this is kind of one of socialism's basic arguments: when capitalist states (or historical socialist states) suppress labor movements and protests, not only is it immoral, but it also denies the government the opportunity to solve the public's problems or inefficiencies. If the public is unhappy with working conditions, then their rights to free speech, protest, and even to prevent production via striking must be protected- not only because it is morally right, but because their dissent is the only means of epxressing their real preferences to the planners and society at large. Ultimately, control of production (and of enforcement, to whatever degree necessary and practical) must belong to the workers, because otherwise they are at the mercy of whoever really calls the shots and can set the narrative (whether that is a capitalist state or state socialist planners.)

Finally, about the market: the market primarily allocates goods depending on peoples' ability to pay, not their willingness. The working class is kept in a state of debt (and in some places, literal) slavery and fear of absolute poverty. Those with vast wealth can artifically and disproportionately skew demand towards their own interests. Thus markets often fail to capture accurate demand, and we end up with outcomes that are bad for the majority but benefit the owning class (privatized health insurance, private cable monopolies, etc.) On the supply side, goods and services are overproduced and wasted (food, unsold vehicles) or are underproduced/overpriced due to regulatory capture (such as laws forbidding direct sale of vehicles by manufacturers), poor policy (either the result of upper class interests, or of government attempts to compromise between opposing classes, such as rent control). Even when production of goods adjusts to market signals, it is slow and imperfect. What if we could just decide to produce however much we would likely need to satisfy a certain goal or demand, plus a bit extra?

Overall, I feel like we're talking past each other somewhat, and I also think I could give you any number of policies, whether practical ("planners could be recalled at any time by the public") or ridiculous ("people could humiliate planners in the street to discourage them from acting too arrogant") and your response would either be (understandably) skepticism, or some variant of "the Serious People will always be around, and will find a way to exploit any system or rule to their own ends and/or to enable bullying". I don't expect to change your mind, especially with nothing but hypotheticals, but I don't think it would be productive to continue the dialogue. But nevertheless, I have appreciated the opportunity to clarify my thoughts and beliefs via answering your questions, and I am sincerely appreciative that you have asked your questions with civility, given how bad other leftists seem to have treated you. I hope I have extended you the same courtesy.

a sketch of a socialism

mutual here wanted some specifics to hang on anticapitalism, something more concrete than vibes, nicer than AES, more feasible than fully automated gay luxury space communism. this is a sketch of that; parts can be expanded as desired. this is meant to be messy rather than elegant; if you hate one part, other parts could often do it’s purpose, and the exact implementation would be a matter of dispute between political parties, on the boards of firms, and so on, just like today

(this was the effortpost that I wrote earlier, rewritten with less art because rewriting is less fun than fwriting the first time.)

short version

nationalize big firms; small ones become cooperatives. tax income to create an investment pool and subsidize prediction markets to guide investment. crappy jobs to anybody who wants them, better-paying jobs if you can convince an SOE or employer to take you on

new pareto inefficiencies this creates

reduced ability to pass on your wealth, reduced ability to hand over control of an institution in a way that can’t be taken back, weaker labor discipline, less ability to choose your own marginal propensity to save. I think these are all analogous to the pareto inefficiency of not being able to sell yourself into slavery or to sell your vote - a good trade-off for long-run freedom even if they introduce some friction, and probably good for growth through institutional integrity in the long run

I’m mentioning these at the beginning because I know there’s going to be a tendency to say this is just capitalism with more steps, and because it’s worth noting possible costs

normal consumer markets

you get money from your job/disability check/Christmas cards and go to online or in-person stores, where you spend it at mutually agreed prices on magic cards or funyuns or whatever, just like today 

prediction markets to replace financial markets

financial markets do two useful things: first, they pool people’s best estimates of future prices and risk profiles, and they direct investment towards more profitable (and, hopefully, more broadly successful) endeavors. 

the core socialist critique of financial markets is that they require private ownership of capital. but you can place bets directly!

in order to marshal more collective knowledge, everyone could get some “casino chips” each time period and cash them in at the end for some amount of cash, which they could then use in consumption markets. public leaderboards of good predictions could both improve learning and incentivize good predictions, although at the possible risk of correlating errors more. the same could apply to allowing financial vet specialist cooperatives that place bets for you for a fee. these tradeoffs, and the ways to abuse this system, are broadly analogous to tradeoffs that exist within capitalism, just without a separate owner-investor class.

almost any measurable outcome can be made the subject of a prediction market in this way, including questions not traditionally served by financial markets

lending/investment decisions

cooperatives and SOEs looking to expand production would be able to receive capital investments from the state. like loans under capitalism these would be a mix of automatic and discretionary, including:

investment proportional to prediction markets’ guesses about room for funding, or about the succcess likelihood of new cooperatives

discretionary investment by central planning boards, especially into public goods

loans at fixed interest rates

“sure, take a shot” no-questions-asked funding for people starting a cooperative for the first time

the broader principle would be to keep the amount of resources under different people’s control broadly proportional, while investing in promising rather than less promising things and not putting all your eggs in one way of making decisions

because no individual has the incentive or opportunity to personally invest their income in a business, an income tax would raise revenue for the investment fund. for the typical worker this would be slightly less than than the “virtual tax” of profit at a capitalist workplace (which funds both investment and capitalist class consumption). the exact investment/taxation rate and how progressive it would be would be a matter of political dispute

bigger firms as SOEs

big firms relying on economies of scale and having multiple layers of bureaucracy would be owned by the state. like a publicly traded corporation, these corporations would have a board of directors at the top, which could be set by some combination of:

rotating appointment by the elected government, similar to the supreme court or fed 

appointment by a permanent planning agency

sortition by proxy (choose a random citizen and they appoint the board member)

prediction market guesses about who would perform best in terms of revenues - expenses or some other testable metric

election by the employees’ union or consumer groups

direct recall elections on any of the above by citizens

and indeed you could have some combination of these, with the goal of having a governing body that is broadly accountable to the public without being easily captured by any one clique

smaller firms as cooperatives

if you want to start a firm you can go into business with your friends. you would get money from the general investment fund and govern the business together.

cooperatives would have a “virtual market capitalization” determined by prediction markets concerning how much they would be worth under state ownership, and as the ratio of this to your member base grows over and above the general investment:citizen ratio, the state (who’s your sleeping investor) would buy you out, similar to how wildly successful startups are purchased by megacorps. (most cooperatives most likely would be happy to be small.) there could be additional arrangements where you rent capital from the state rather than owning it, if you want to keep local control. 

to preserve the cooperative nature of the enterprise it wouldn’t be necessary to start arresting anyone for hiring non-employees; people could simply have the right to sue in civil courts if their goverance/profit rights as presumptive cooperants werent honored. there might still be some manner of hush-hush hiring under the table but the wage premia for keeping quiet seems like an adequate recompense for this

universal jobs

if you want a job, the state will give you one at a rate that is a little below the market rate but enough to live on, whichever is higher. people would have a right to at least x hours of work in whatever they’re most immediately productive at (in many cases menial labor) and at least y hours of whatever they insist they is their god-given calling (poet, accordionist, data scientist, whatever.) x and y would be a matter of political dispute, but with steady economic growth and automation, x could fall over time. much y time would be “fake work” but (1) of the sort that people would find meaningful (after all, if you feel it’s not, switch into something that would be) and (2) present a lot of opportunities for skill development, discovering what you’re good at, and networking 

cooperatives and SOEs would have access to people working basic jobs, maybe according to some sort of bidding or lottery scheme. movement between the two is meant to be fluid, with basic jobs workers having the opportunity to show their worth on the job and direct state employees/cooperants being able to safely quit their job at any time

state ownership of land

blah blah blah georgism blah blah blah you can fill out how this could work in a market socialist context. maybe carve in an exception for making it harder to kick people out of their personal residences

2 years ago

It *is* a good argument; the point is to force the theist to acknowledge that their god is just one among thousands, none of whom have any persuasive evidence for their existence. What argument can Catholics offer me for the existence of God that are any different that that of a pagan and their "idol"?

I also think the analogy with Communist leaders is telling: regardless of your thoughts on Mao, Lenin, Che, etc., there is indisputable proof (often video evidence) that they all existed and said/did the things their followers claim they said/did. Rejecting them is a matter of political opinion, not denial of their factual existence. The second poster assumes the same of God; the facts are not in dispute, atheists are simply *rejecting* God, whose existence is as certain as Leon Trotsky.

"we're both atheists, I just believe in one god less than you" is rarely a good argument.

it is never a good argument when used to compare a pagan idol to the Lord.

There is a reason why neopaganism comes at a time of uncertainty and rests on either the reinvention of paganism or on irrationalism.

6 years ago

Aiming for the impossible

It seems like most of the leftist writing I see, from publications like Current Affairs or Jacobin to everyday posts on tumblr, abandon any attempts to imagine what a socialist society would look like in favor of arguing for a better welfare state, higher wages, unionizing, and so on. I understand that abolishing property may not be politically feasible in the immediate future, but fuck, why should we be afraid to openly call for the core of our political philosophy? Abolishing private property is literally the first and foremost (if not the singular) demand of Communists, and yet so many leftists apparently fall into the trap of arguing against income inequality/the market mechanism rather than against the fundamental injustice of private property itself. Fighting libertarians over income inequality is useful, to be sure, but what if income disparities in some circumstances are actually due to individual choice/outside factors unrelated to discrimination, and the market is working as fairly/efficiently as it could? Imagine if your only criticisms of feudalism focus on the actions of evil kings and exceptionally cruel farming conditions, rather than the roots of the system itself.

I chalk this tendency up to Freddie deBoer’s observation that most leftists “want to lose” and would rather live a safe, predictable life of endless struggle against capitalism rather than doing the hard, boring, unsexy work of envisioning and campaigning for alternatives. And I get it, change is hard and growth is painful, especially when it weakens your identity/self-perception. But fuck that, I want my kids to see snow days. To paraphrase C.S. Lewis, “Aim for the impossible and you’ll get everything that is possible thrown in. Aim for the possible and you’ll get neither.”


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2 years ago

Very few believers will seriously claim that morality can only come from religion anymore (that argument seemed to die with the religious debates of the early aughts) but they've seemed to switch tactics recently to claiming that culture and religion are inseparable. This strikes me as an even worse argument: arguably, religion *destroys* culture by suppressing full human thought, creativity, and exploration of ideas- often other religions!

Once again begging anti-theists to realize that to get to a world without religion you’d have to commit cultural genocide. So maybe you shouldn’t push for that

6 years ago

There's a problem here in that if we give socialism a broad meaning to the point where it can be applied to any political program involving state planned/owned/regulated economy, we end up with "socialism with Chinese characteristics". On the other hand, when I try to give specific, concrete examples of what I want socialism to look like or what I think it would grow into given sufficient organic development and trial-and-error experimentation, my definitions are so narrow I quickly end up looking like just another special snowflake whose own personal definition of socialism has never been tried, etc.

It's great that we discuss and debate our terms but I fear that leaving them too vague means we get bogged down in semantic infighting and our political results follow suit.

grumpyoldcommunist - Post-Apocalyptic Commumism
6 years ago

None of which is to say that strikebreaking is *admirable* per se. But analyzing the material precursors of our actions is the absolute bedrock of any materialism worth the name. Treating people who betray the cause – any cause – like they’re infected with some nebulous evil rather than responding to the incentives they’re presented with is magical thinking.

1 year ago

So much awful American car discourse could be avoided if we simply RetVurned to Tradition and built big beautiful trains from sea to shining sea.

One Of The Things That’s Been Lost In The Recent “let Them Buy Electric” Kerfuffle Is That There’s
One Of The Things That’s Been Lost In The Recent “let Them Buy Electric” Kerfuffle Is That There’s

one of the things that’s been lost in the recent “let them buy electric” kerfuffle is that there’s a sort of feedback mechanism at work where americans can’t estimate distance correctly and companies see this and are unwilling to put the electric cars that might serve them well on the market. the go-to cheaper electric car on the north american market is the $30k+ nissan leaf. one thing i’ve often found in twitter threads discussing it is americans who say that its 150 mile range simply isn’t big enough for their needs. however, if you’re commuting an hour each way to work, 150 miles is enough to stop in somewhere and pick up groceries. few americans even drive 50 miles a day for work. meanwhile, in europe and china, much cheaper options exist. the dacia spring sells in france for 17,000 euros, or under 20,000 usd, and has a range of 143 miles. the hongguang mini sells in china for the equivalent of 5000 usd and has a range of 100 miles. for many americans, either of these cars could easily replace their current vehicle, especially for those who live in cities, if companies were willing to bring them over. you can see the proof in sales of electric bikes, which now outpace electric cars and have the sort of price and range needed for <10 mile trips (not to mention, some have cargo compartments for grocery rides). however, given the high profit margins on SUVs (as well as america’s addiction to the idea that bigger cars are always safer), it’s unlikely that companies will want to undercut themselves with efficient smaller electric vehicles.

6 years ago

Unless I'm misunderstanding you, I agree with you; everyone thinks that their values and groups are sacred and beyond criticism. As a result, we fight over which policies are humanitarian without making sure that we actually agree on what "humanitarianism" is.

My reply to your original post was because it seemed to imply that progressives were/are incapable of acting upon anything but cynical power politics, when something closer to the opposite is true, I think: progressives genuinely support a particular, tribally informed form of humanitarianism that may not represent the country's (let alone humanity's) as a whole. The same holds true for most of the rest of us.

Likewise, I’d be willing to agree to a number of things progressives might want on immigration, but only in such a way that it would utterly ruin any political advantage they were hoping to gain from it.

If the concern is purely humanitarian and not political, they’d agree to the bargain, but of course it never was actually pure.

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grumpyoldcommunist - Post-Apocalyptic Commumism
Post-Apocalyptic Commumism

Who else could wade through the sea of garbage you people produce

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