'Detroit's decline is a distinctively capitalist failure' (Richard Wolff)

[Popular Front of Judea]

What kind of a society gives a relatively tiny number of people the position and power to make corporate decisions impacting millions in and around Detroit while it excludes those millions from participating in those decisions?

When those capitalists' decisions condemn Detroit to 40 years of disastrous decline, what kind of society relieves those capitalists of any responsibility to help rebuild that city?

The simple answer to these questions: no genuinely democratic economy could or would work that way

Detroit's decline is a distinctively capitalist failure | Guardian (http://www.guardian.co.uk/commentisfree/2013/jul/23/detroit-decline-distinctively-capitalist-failure/print)

[Ace High]

Ahh very very good point. It's really quite absurd when you think about it. The fact that a major city has declared bankruptcy should be a clue to the American people. But no, they blame it on too much socialism and "big government", whatever the hell that means.

[Human Liberation Front]

I have to laugh when I hear the Right-wing talking heads blame the decline of Detroit on "socialism". First off, Democrats are far from socialist. Second, there were no socialists who kicked out all the jobs from that area. The burden of that whole mess squats on the shoulders of capitalists.

[Eleutheromaniac]

Richard Wolff does an excellent job of explaining things like I'm five.

[RedBen]

capitalism did not fail, it did EXACTLY what it was supposed to do, consolidate "wealth"" and send money up the ladder. migration of wealth upwards is built into the capitalist system. it's tragic but inevitable. capitalism doesn't work for the vast majority

[Sinister Cultural Marxist]

Richard Wolff does an excellent job of explaining things like I'm five.

That's because he's explaining these issues to an American population with the same understanding of radical class struggle which a five year old would have on any given topic.

[Popular Front of Judea]

Hmm since Wolff was doing so in the Guardian I would assume he was explaining to an American and British audience.


That's because he's explaining these issues to an American population with the same understanding of radical class struggle which a five year old would have on any given topic.