Capitalism The Embodiment And Nature Of Capitalism - amazonia.fiocruz.br

Capitalism The Embodiment And Nature Of Capitalism -

Last week, many small investors made a fortune from their investments in GameStop, a video game retailer that—by most accounts—is becoming obsolete. Meanwhile, large hedge funds have lost great fortunes and are now facing bankruptcy. These investors, particularly those from Melvin Capital, were in the process of shorting GameStop stock. In response to the surge in activity, and consequent shock to the market, popular trade platforms for retail investors have prevented or severely limited buying shares in GameStop and other meme stocks. As one could expect, these moves have led some to cry foul against a financial system that is rigged against individual investors. All the same, the hedge funds that shorted these meme stocks continue to lose billions of dollars—and stand to lose even more. In the past few days, three narratives have emerged. The most popular narrative, especially among conservatives and certain leftists, portrays the retail investors as populist folk-heroes, taking on the incorrigible fat-cat elites on Wall Street. It is therefore fitting that the little guys beat these types at their own game. Naturally, the second narrative reverses this interpretation—it casts retail investors as white supremacist allies of Trump, who hope to make a point by taking down large investment firms. Capitalism The Embodiment And Nature Of Capitalism

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Is there an alternative to capitalism? In this landmark text Chomsky and Waterstone chart a critical map for a more just and sustainable society. It represents both a crisis and an opportunity. Everything depends on the actions that people take into their own hands. How much of 'common sense' is actually driven by the ruling classes' needs and interests?

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And how are we to challenge the capitalist structures that now threaten all life on the planet? Consequences of Capitalism exposes the deep, often unseen connections between neoliberal 'common sense' and structural power. In making these linkages, we see how the current hegemony keeps social justice movements divided and marginalized.

And, most importantly, we see how we can fight to overcome these Tbe.

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