#marxism
Cultural Experience: Britain and Socialism
Something I noticed during my time here in London is the fact that unlike in the U.S., “socialist” isn’t a dirty word. While I haven’t spoken to any native Brits about their opinions on the matter (politics is a tricky subject to discuss with anyone, especially strangers) I’ve seen numerous adverts on the streets for things like Marxism 2019– “a festival of socialist ideas,” a Karl Marx walking tour, other socialist events being held by universities in Bloomsbury, and a socialist newspaper stand on the day we went to Westminster Abbey as we walked by the Trump protests.
I found this so interesting because while there are more progressive politicians now who are using the term in some way (typically as “Democratic-socialist” rather than full-blown “socialist”), it is still very much a word of controversy in the United States, one that brings back images of the Second Red Scare, of the Hollywood 10, of Russian spies, of extreme fear that our democracy in the states could somehow collapse if citizens were given rights to things like free healthcare. I had heard before that the United States was the only country in which the idea of socialism had immediately abhorrent connotations, but nonetheless, the sheer normalcy of socialism as a political ideology is very interesting to me and was not something I expected or intended to observe, but just kept seeing again and again on the streets of London. I likely won’t speak to anyone about their political ideologies while here as it was recommended we avoid doing so, but still, based on sheer observation, the political climate here differs quite a bit in this way from the United States.
“…The terms "Capitalism” and “Capitalistic Production” are political catchwords. They were invented by socialists, not to extend knowledge, but to carp, to criticize, to condemn. Today, they have only to be uttered to conjure up a picture of the relentless exploitation of wage-slaves by the pitiless rich. They are scarcely ever used save to imply a disease in the body-politic.
From a scientific point of view, they are so obscure and ambiguous that they have no value whatever. Their users agree only in this, that they indicate the characteristics of the modern economic system. But wherein these characteristics consist is always a matter of dispute.
Their use, therefore, is entirely pernicious, and the proposal to extrude them altogether from economic terminology, and to leave them to the matadors of popular agitation, deserves serious consideration…“
— Ludwig von Mises, Socialism
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“In assessing the health of the nation, the Democrats fetishize ‘the economy’ without specifying who benefits from it. Marcia Fudge, the secretary of Housing and Urban Development, recently bragged on Twitter that 'the United States is the only major economy in the world where the economy as a whole is stronger now than before the pandemic’.
"But whose economy?
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"As the ruling class has worked safely from home, having goods delivered by human shields, their wealth has increased because they are extracting value from the viral underclass, who are paying with their time on lines, their pathogenic work, and, sometimes, their very lives.”
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Federal student loan payments will resume in February after Biden lifts pause