Yesterday I wrote about a certain group of artists who
- under Marxist socialism created something they couldn’t create under global capitalism,
- They’ve monetized it under global capitalism in a way that would have been unthinkable under Marxist socialism.
But it’s true more generally. Even for countries that have not undergone any Soviet-style socialism. A lot was created during the “30 great years” when Western European nation states intervened massively in the economy. It was privatized and monetized in the liberal reform of the 1980s. For the benefit of a small group, often from abroad.
The good old capitalism of national markets and small companies could create new things. Today’s global market can only create new types of securities.
The problem is that after a while there is nothing left to privatise. And global capitalism can’t create. The good old capitalism of national markets and small companies could create new things. Today’s global market can only create new types of securities. Meanwhile, the factories of the old days are crumbling and being dismantled, and no one can replace them. Remember the slogans about something being created under capitalism and consumed under socialism? It seems that in real life it is exactly the other way around.
People lived quite freely until the 1980s. There was no multicultural dictate, there was no political correctness…
It’s just that the structure of the economy and the structure of power changes with it. In France, Italy and West Germany, people lived quite freely until the 1980s. There was no multicultural dictate, there was no political correctness. There was no hate speech.
And now we have it here. As someone who lived part of my life under Eastern European socialism, I can testify that there was less coercion in its last years than in the West today. Because the economy is globalizing and everyone depends on the favor of one center.
