The left finds its confirmation: Neoliberal turbo-capitalism has failed! Let's do it better!

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RC
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May 28 2010 22:15
The left finds its confirmation: Neoliberal turbo-capitalism has failed! Let's do it better!

This article explains the left's mistakes on the crisis -- its about the German left, but its lessons apply to the English speaking left as well:

http://www.ruthlesscriticism.com/leftcrisis.htm

I. The prefatory criticism of capitalism:
The system is to blame for the crisis!
1. Incorrect opposition between finance capital and the real economy
“Completely detached!”
The yield of the barren finance capital is an unbearable burden on the real economy
The nice capital which grows in the financial sector is missing in the real
2. Friends of productive capital
3. Crisis – the Achilles' heel of capitalism
II. The political-practical diagnosis:
The blame for the crisis is neoliberalism!
III. The political fight for the new political regulation
First we save capitalism...
.. then we ensure social justice in the rescue of the banks!
For the future we take away from the capitalists the toy with which they only make mischief
Finally, we prohibit the crisis