Monthly Archives: August 2017

Scott Alexander on what passes for socialism these days

Scott Alexander

Most of the policies being mooted by the supposedly socialist left today – Medicare-for-all, better social safety nets, et cetera – are well within the bounds of neoliberalism – ie private property and capitalist economies should exist, but the state should help poor people. “Socialism” should be reserved for systems that end private property and nationalize practically everything. I’m worried that people will use the success of neoliberal systems in eg Sweden to justify socialism, and then, socialism having been justified, promote actual-dictionary-definition socialism. To a first approximation, Sweden is an example of capitalists proving socialism isn’t necessary; Venezuela is an example of socialism actually happening.

Louisa Lim on elite turnover 68 years after the Chinese revolution

Louisa Lim

Research by the University of Sydney’s David Goodman has found that around 84% of today’s elite are direct descendants of the elite from pre-1949. This suggests that six decades of Communism may not have a dramatic impact upon the elites, who have the advantage of decades of capital accumulation — including economic, cultural and social capital — which have apparently continued to benefit them under the party-state system…