Capitalist social failures are actually successes for capital’s own logic
Evidence
The first step toward change is to lay bare that what counts as a social failure is not at all a failure for the logic of capital. To fight this inhumane logic that organizes our society, we must abandon the mystifying language of neoclassical economics in favor of a simple but profound explanation of our economic system, which can shake our beliefs and spur us into action. — Clara E. Mattei, Escape from Capitalism, 381
Categorization
- XREF: Echoes the reader’s standing interest in how austerity logic inverts moral categories; connects to Mattei’s ‘The Capital Order’ thesis already in the knowledge base. — connects to: Capitalism sustains legitimacy through broken promises, not fulfilled ones — Aris Komporozos-Athanasiou, Speculative Communities: Living with…, 118; Subordinating social values to economic value is capitalism’s fundamental logic — Max Haiven, Cultures of Financialization, 346; Capitalism functions by redirecting social reproduction toward its own ends — Max Haiven, Cultures of Financialization, 347 (+8 more)
Broader Connections
- Subordinating social values to economic value is capitalism’s fundamental logic
#corroborates(0.85) — Max Haiven, Cultures of Financialization, 346 - Capitalism functions by redirecting social reproduction toward its own ends
#corroborates(0.80) — Max Haiven, Cultures of Financialization, 347 - Working-class defeats were contingent, not intrinsic to capitalism’s logic
#contradicts(0.80) — Alex Callinicos, Against Postmodernism, 615 - Capitalism’s own productive development raised worker living standards and defused revolutionary hunger
#contradicts(0.80) — Dirk Braunstein, Adorno’s Critique of Political Economy, 662 - Capitalist economic laws are both real and socially necessary illusions
#complicates(0.75) — Dirk Braunstein, Adorno’s Critique of Political Economy, 1343 - Central bankers inadvertently financed capitalism’s own demise
#contradicts(0.75) — Yanis Varoufakis, Technofeudalism, 388