Good article, Zooey. My only quibble would be that the author seems needlessly tough on Jacobin and its editor. I think an objective reading of that magazine, and the op-ed he sights, doesn’t really support his conclusions. But the rest is really good.
It’s a tragedy, IMO, that America has no choices, politically, to the left of the Dems, and even their furthest left advocates for more social welfare capitalism, not its replacement. The argument is basically A to B, instead of A to Z. The Dems with their slightly more social welfare, slightly less wealthcare, and the GOP inverting that. Though, in recent years, movement conservatives and right-libertarians have taken over the party so their sights are set on virtually no social welfare and a ton of wealthcare.
We should have an economic system(s) that make the social safety net all but unnecessary. The economy itself should solve the problem of maldistribution and sustainability, so the government doesn’t have to come in after the fact and mitigate for capitalist oppression. And that means making it fully democratic and publicly owned, without proxies.
Base it on need and keep it in harmony with the earth and what the earth supports. End profit. If there’s a profit at the end of a transaction, that just means workers are paid too little and the consumer pays too much — but the worker is screwed the most.
As in, Apple has well over 200 billion dollars in its war chest and makes roughly 40 billion in profits a year. All of that money should go back to workers, minus enough for a rainy day and capital improvements, etc. But the mere existence of that war chest and those profits is demonstrable proof that Apple employees are getting screwed to death.