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The webs we weave

“Social democracy is impossible without political and cultural pluralism, but such pluralism is inconceivable in the absence of markets geared toward decentered consumer choices, which are in turn dependent on price systems, advertisements, novelty, and fashion; in other words, on the bad taste, bad faith, and bad manners that come with ‘reification,’ aka consumer culture. When the economic future is left in the hands of the oligarchs – the best and the brightest, those who know what’s good for us, whether they’re from the Politburo, Harvard, or Goldman Sachs – the political future will be theirs, too. Like capitalism, and like democracy, socialism needs markets to thrive, and vice versa.” – James Livingston, “How the Left Has Won”

Published inEconomicsJames LivingstonPolitics & Law

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