I recently discussed the Republican Party’s obsession with calling anything they dislike “communism.” To the GOP, this antiquated insult applies to affordable childcare, cheaper groceries, and healthcare that actually heals people instead of making insurance executives richer.
However, just because I dismiss the GOP’s absurd insistence that democratic socialism is a front for Stalinists doesn’t mean that I hate capitalism. OK, that economic system has a lot of flaws (like, a lot). And the brand of capitalism that the US is currently practicing is more akin to corporatism or full-fledged oligarchy than the free-market concept they taught you in PoliSci 101.
But capitalism has its advantages (in theory at least), and the marketer Seth Godin, whom I’ve quoted before, recently made a good point about how capitalism can enrich society.
Godin points out that the “upside of free-market capitalism … is that every product and every campaign is an argument to win over customers, to solve problems in a new and better way.”
It would indeed be grand if companies tried to solve problems instead of fuck people over to raise their stock price a penny. But again, we don’t live in a free-market society that rewards problem-solving. We live a cutthroat-capitalist nation where billionaires think hording wealth is a virtue.
In any case, Godin goes on to point out why monopolies are so horrific for society, and it is simply because “they don’t have to argue.” When a monopoly takes over, “the customer has no choice,” and the “monopoly stops listening, innovating and working for improvement, because they don’t need to.”
OK, that makes sense. It’s one reason we have anti-monopoly laws. Of course, the Trump administration is flicking those laws away like they are pesky mosquitoes, meaning that this is a great time to be a money-grubbing robber baron.
But there is a political angle to why monopolies are so vile. You see, according to Godin, “the same is true for democracy vs autocracy,” in that the “despot has no need to make an argument, so they don’t.”
Keep in mind that our humble president is not even trying to make the argument that his policies have been good for America. He is focused on terrifying people into supporting him and suppressing the vote so he doesn’t face another impeachment.
This aspiring despot has no coherent or rational argument. And he no longer cares, if he ever did, about improving America. He figures he has a monopoly, so why not indulge in acts of corruption so brazen that his allies don’t even attempt a defense.
But let’s return to the concept of capitalism. Can it be modified to fulfill its promise to society? Or have we jumped the shark economically and culturally, where the best we can hope for is that plutocrats take mercy on us and employ the masses to be their indentured servants?
Well, I have an answer to that question. But it will cost you a dollar to hear it.
Come on, I’m not going to just give it away for free. This is America.

















