Capitalism is a term that comes fully loaded in the Western psyche. It is a Rorschach test that brings history, ideology and personal experience to the fore. Capitalism is perceived as oppositional, as a choice among several, most often without relation made between its promises and its facts. Even left leaning academics and scribes approach the topic with antique Cold War talking points— arbitrary rules made by faceless communist bureaucrats versus the freedom to choose which bathing suit to buy. What typically isn’t put back is actual history. When it comes to the current crises of capitalism, climate crisis in particular, the broad frame is skewed through the anti-history that in...
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