Sunday, May 26, 2013

The good capitalism of Sweden turns sour

Sweden is often held up as an example of "good capitalism" in which there is relatively little economic inequality and there is a comfortable living guaranteed to all. The "good capitalism" of Sweden is offered by some as evidence that there is no need to abolish capitalism to achieve a good and decent society.


The problem, however, with "good capitalism," is that the people who act in accordance with capitalist values are, just as in "bad capitalism," allowed to do so. This means that the people who aim to make employees work for the goal of making a profit for the employer rather than to produce goods and services to be shared with others according to need -- these people have a free hand in a "good capitalist" society.

These people acting on the basis of their capitalist values, grow richer and thereby become more powerful than others. These people protect their wealth and power by doing what such people always do--by using divide and rule to control people, by using lies and manipulation to make people accept the rightness or naturalness or inevitability of economic inequality. Eventually these people gain so much wealth and power and privilege that it is no longer "good capitalism".

The working class did indeed win very substantial gains in Sweden after World War II. They made Sweden a "good capitalist" nation. They did not, unfortunately, abolish capitalism. They did not challenge inequality instead of equality, competition instead of mutual aid, top-down control instead of democracy- that legitimise the power, wealth and privileges of the capitalist class.

Now we can see what "good capitalism" turns into in the absence of a democratic revolution to abolish capitalism and class inequality. It turns into what we can see Sweden turning into before our very eyes.
Taken from this article

1 comment:

Iakovos Jazz said...

The Swedish Economic Model. Why Sweden’s success has nothing to do with socialism.

http://www.scribd.com/doc/204219375/The-Swedish-Economic-Model-A-Socialist-or-a-Free-Market-Success