Seven Left Myths About Capitalism

G. B. Taylor argues:

“Occupy Wall Street has renewed hope for a left political renaissance by challenging economic inequality and the neoliberal discourse that legitimated it, and reintroducing the word capitalism to political debate. The “greed” of the “1%,” counterpoised to the hardworking, rule-abiding 99%, has emerged as the dominant political frame of OWS. Rhetorically powerful, the slogan’s elegant simplicity conceals as much as it reveals. The language of “corruption,” the betrayal of Main Street by parasitic Wall Street bankers, and nationalist appeals to “take America back” all express a deep confusion as to the nature of the current crisis. This often results in a highly personalized moral critique of capitalism rather than a systemic one.”

Read the Seven Left Myths About Capitalism

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