Is This How Capitalism Ends? | Steve Paxton | TMR

Sam and Emma host author Steve Paxton to discuss his recent book How Capitalism Ends: History, Ideology and Progress. Steve Paxton joins as he dives right into his exploration of capitalism as both an important step in social progress, and one that brought about its own obsolescence, first stepping back to explore capitalism’s revolution of humanity’s productive capacity, shifting society’s primary problem for the survival of its most marginalized from an issue of capacity to one of distribution, before looking to capitalism’s emphasis on equality of individuals, particularly in production and political participation, and how this promise was used to legitimize the emerging bourgeois class’ right to the means of production. Next, Steve walks Sam and Emma through capitalism reaching its critical mass in terms of social “progress,” with the profit incentive diverging from societal needs while technological innovation becomes largely driven by state-sponsored investment in universities, before they look to the development of the Right-Left binary as one not grounded in policies, but in pushes for and against social progress. Wrapping up, Paxton tackles the future evolution of socialism and labor relations that are built around public ownership of the means of production, and why the nationalization of particular industries (electric, healthcare) should be the primary focus of the Left.

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Matt Binder DOOMED https://www.youtube.com/MattBinder
Brandon Sutton THE DISCOURSE https://www.patreon.com/ExpandTheDiscourse
Emma Vigeland ESVN https://www.youtube.com/ESVNShow
Matt Lech LEFT RECKONING https://www.youtube.com/LeftReckoning