Had I been asked at any point up until perhaps the last year, but more
likely even more recently than that, I would have denied ever being in
the state of mind, would have denied being capable of ever possessing
the opinions, that I am about to present. Since my early teenage years I
have bought into the myth of left and right, I’ve even written about it
extensively here. There are a variety of reasons for this, many
legitimate and some less so. I see, to be cliché about it, more clearly
now. I understand, or at least I believe I understand, things better.
Both the left and the right are, among other things, utopian ghosts. The
features I disliked about the typical political right, more specifically
the Canadian political right, belonged no more to capitalism than they
did socialism. The positive features found in socialism can be found
elsewhere as well. There is no absolute, which is of course obvious and
perhaps even a truism, but its still a difficult concept to grasp and
accept, at least for me.
Had I been asked at any point up until perhaps the last year, but more
likely even more recently than that, I would have denied ever being in
the state of mind, would have denied being capable of ever possessing
the opinions, that I am about to present. Since my early teenage years I
have bought into the myth of left and right, I’ve even written about it
extensively here. There are a variety of reasons for this, many
legitimate and some less so. I see, to be cliché about it, more clearly
now. I understand, or at least I believe I understand, things better.
Both the left and the right are, among other things, utopian ghosts. The
features I disliked about the typical political right, more specifically
the Canadian political right, belonged no more to capitalism than they
did socialism. The positive features found in socialism can be found
elsewhere as well. There is no absolute, which is of course obvious and
perhaps even a truism, but its still a difficult concept to grasp and
accept, at least for me.
For the first time ever in my life I can honestly say that I accept
capitalism as a potentially positive force. I would say that, under the
right circumstances, it is what is best for society. I would not say
that I am a capitalist, but this is a technicality which is central to
this new understanding and I shall get to it with time.
In my youth I read Marx, I read the manifesto, I studied the philosophy
as best as I was intellectually capable. In the political climate of
Canada, especially Ontario, which I came to political awareness in, this
is an entirely reasonable and understandable thing. Mike Harris and his
neoconservative Progressive Conservative party were in power
provincially, doing damage to the social structure of the province which
we still have yet to recover from. Jean Chrétien was weakening social
programs to fight the deficit. All around me were these policies,
ostensibly of the right, ostensibly capitalist in nature, which were
directly opposed to what I considered to be socially just.
Time does not on its own bring wisdom. Had I remained isolated from
philosophy, by which I mean had I been functionally illiterate, I would
still likely be thinking in this way. Had I not read the works of John
Ralston Saul, The Origin of Wealth by Eric D. Beinhocker, had I not read
Nietzsche and William Blake, Naomi Klein and Oswald Spengler, I would
not have developed my opinions on these matters. Even Mien Kampf, for
all its terrible writing and weak arguments, was important. Without
these and other books I would have remained naive, functionally
illiterate and certain. I now understand things more fully, but at the
same time know how little I know and how little I can truly know. I am
filled with doubt, glorious doubt, and can question anything I would
once had accepted as fact and dismissed.
Time does not on its own bring wisdom, but properly used time can help
one acquire it. So, while I was never really a communist, I would no
longer call myself one. I would have during a period in my teenage
years. I would no longer call myself a socialist in the proper
definition of the term. Social democrat perhaps, but in the end these
are just labels which have no inherent meaning. The important change is
that, unlike my teenage or even post-teenage self, I am no longer in a
position to say with certainty that capitalism is an evil.
The reason I once called capitalism a negative actor is that I became
confused about what it means to be a capitalist and what capitalism
itself means. It is not, as I once thought, about the maximization of
profit. It is not about the oppression of workers, or anyone else for
that matter. It is not about markets and their godhands. These are all
confusions that I am not alone in possession of. In fact, especially the
first and last, are symptoms of the illness afflicting modern capitalism.
If it is not about profit, then what is it about? What could capitalism
be about if it is not profit for the capitalist? It is as simple as it
is obvious. Capitalism is about the creation of capital, which is in and
of itself profit. Profit is a side effect, in many regards a desirable
one, but not the goal. It is about the creation of wealth. Wealth is not
money, although money is a useful measure of it.
What differentiates wealth and money then? The former has a value beyond
the abstract. Money is useful when it is an abstraction of wealth. Money
becomes a dangerous tool, one capable of turning minds to radical (not
necessarily violent radical) politics, when it is divorced from wealth.
The quest for paper profit, the business of most, if not all, modern
banks, is a prime example of this. Wealth is a factory, a mine, concrete
products. Money is an abstraction which does not really exist, although
it is a very useful abstraction. A vital one to the functioning of our
society. But not an end itself.
Markets are a useful tool for collecting enough money, abstracted
wealth, to investing into the generation of new wealth. This is in fact
the purpose of capitalism, the use of wealth generated through
capitalist projects to invest back into these projects. Does a market,
which is again an abstraction, have a will of its own? Does it demand
freedom, liberation from the chains which society has placed on it? Or
is it nothing more than a useful construct. I would say the later in a
healthy capitalist system. Ours is not particularly healthy. The market
has no will of its own, the will forced on it belongs to men. Rich men.
Powerful men. These two attributes are neither positive nor negative in
nature, no matter what the assembled speakers of the right or left may
say. The argument by these men, and they are men, that markets need to
be free to work is an argument from selfishness. These men have
forgotten that with their power and their wealth it is their
responsibility to give back to society. Instead they wish to break the
shackles compelling them to do this. These CEO and upper management
types have become more confused than I once was, they think they are
capitalists. They are no more capitalists than I am a capitalist. Do
either they or I own any means of production? Then we are not
capitalists.
If a proper capitalist, that is the owner, is reinvesting the wealth
their operations generate and paying their taxes, which is a highly
efficient way by which the rich and powerful can begin to fulfil the
social responsibilities which come from their position, then a healthy
capitalist system exists. Other responsibilities would include fair
wages, environmentally and socially sustainable operations and the like.
If the system in place lacks these attributes then it is a dysfunctional
system which is only to varying degrees capitalist in nature.
I failed to appreciate the value of a functional capitalist system
firstly and most importantly because it does not exist presently in the
world. Nor would a functional system which existed years ago, if it
truly did exist ever, look like a suitable system today. I saw the
devastation, the problems, caused by a sick system and assumed, wrongly,
that this was a system functioning ideally. It was not, it was
functioning as designed, but not in a manner even approaching ideal. I
was wooed by a system which promised easy, fast solutions to difficult
questions. These questions don’t require answers. They require work to
build a suitable solution for the present and continuous tweaking to
ensure their continued function. Whether the political right or
political left represents what is required is irrelevant.