ESG has created a luxury good out of symbolic pro-social investing. In practice, it mainly replicates consensus ideology. Those who want to go beyond it must act directly on the world.
When societies enter periods of chaos, the contingencies of history can change the world. These are the times of heroes.
Science has become a bank for political legitimacy. It hasn’t survived intact.
As neoliberal reforms broke the back of American labor, they also created a growing class of small business owners. Now, that class has come back to haunt both big business and the establishment which created them.
Socialist Chile’s Project Cybersyn prefigured the cybernetic economic planning now used by capitalist giants like Amazon and Walmart. But the future of cybernetic planning can either empower workers or enslave them.
The concept of class isn’t arbitrary. It’s based on a unique stream of income and a distinct class ideology. The rising managerial elite have neither of those things.
America has lost sight of the basic difference between wants and needs. Public needs, rather than private wants, should drive our allocation of capital.
The sexual revolution, individualism, and technology have all been blamed for our social pathologies, especially widespread loneliness. But the underlying problem is an economy which cannot sustain deep social fabric.
The locus of legitimate authority in the American state is increasingly unclear. A reconfiguration of Marxist thought on the state reveals how elites interact with it, and also the state’s power to shape the elite itself.