Author: tom

Walking back to work and thinking about the forthcoming G8 meetings in Scotland and Sheffield, I saw a SWP poster which showed a placard at a protest saying “Stop capitalism now” and I start thinking “What a fucking stupid thing to say”. As if capitalism means anything more in that context than a think-stop, you might as well say “stop badness”, and i was getting dismayed that the socialists will, again, be co-opting a rightful and necessary protest so that it appears to the rest of the world like all dissent is support for their outdated dogma. And then my mind spun off on this kind of fantasy number where I’m at a protest and someone with a TV camera uses the C-word in another stupid question: “Are you against capitalism?”, implying, of course, the whole ridiculous deadweight of assumptions that the socialists and free-traders have managed to calcify the debate into. And then this torrent rose up in reply and I’ve written it down below because, well, what’s a blog for if not to spill your brains onto. Oh, and i’d drunk way too much coffee as well…

am i against capitalism? what does that mean exactly, what could that mean? nonsense! what i am against is a system of debt which is a legacy of colonial exploitation, a system of trade which only reinforces the historic exploitation of the third world. massive corporations hand in glove with western governments allows us to sit on the back of those nations and choke the economic air out of them, choke it so successfully that all we get shown of africa on our tv screens are pictures of war and famine which only serve to reinfoce the prejudice that “they can’t manage themselves” and so we continue to suck the rest of the world, and the earth itself, dry to maintain our comfortable affluence, all the while stood on their backs choking them, protesting that we’ll do all we can to help them, all we can that is, except getting off their backs and stopping choking them. i’m a democrat and a liberal and those values today imply an as radical agenda as they ever did. the globalisation of economics, of markets, implies a globalisation of responsibility, of morality. two hundred years ago if you were a merchant in london selling cotton or buying shares in railways running on cheap coal then you were responsible for the exploitation that was occuring in the cotton mills of lancashire and the coal-mines of yorkshire. we passed laws to stop that exploitation, we made that happen, we recognised our complicity and took that collective action – and that’s what we need to do today, that what i want the G8 to recognise now.

Fundamentally, trading allows specialisation, and this increases efficiency and diversity. So why is global trade resulting in more homogenisation, not more diversity? The same shops on every high street, the same stuff in all the shops. I remember the first time i went into a Toys R Us – A toy shop not just bigger than any i’d seen before, but vastly bigger than any i’d seen before. I expected a vastly larger choice of toys. And of course I was wrong, not more choice of toys, but larger piles of a smaller choice of toys. Why is the mass market operating to restrict choice?!

I’d appreciate any systems-level or economics-based answers to this. Some possible angles I can think of off the top of my head:

Choice isn’t really being restricted: if I want to I don’t have to go to Toys R Us, I can go anywhere I want to buy whatever I want. That’s real choice. [I’d argue that in an important sense there is still and increase in homogenisation not diversivication, and that’s what I’d like explaining]

Trade only leads to specialisation of labour, indirectly it leads to standardisation of products (production lines, etc). Although there are an increasing number of economic roles for me to play in modern consumer society, there’s no reason why specialisation should make that society more diverse [in which case, why does consumerism seem to promote homogenisation?]

We’re seeing the effects of a false market, one that has been distorted (eg by government-supported monopolies, by trade laws, etc). A real free market would lead to more diversity. [I doubt this is true, not least because ‘free’ markets are impossible, markets are always societal constructions. Additionally I suspect that any market that is free in the sense of universally connected with total capital and labour mobility would be totally unstable and prone to epidemics like any ecosystem without semi-permeable barriers. [Er maybe this is a point to expand on in another post]. Secondly, even if this arguement is true, what is it about the current market system that reduces diversity?]

Answers on a postcard email please….