Posted 8 years ago on July 30, 2012, 5:52 p.m. EST by struggleforfreedom80
This content is user submitted and not an official statement
Capitalism – in any way shape or form – must be abolished! The reasons for this are many, but one of the main reasons is that this system is often very undemocratic.
Now, in Capitalism it is the financial elite and the huge corporations that have the overwhelming power in the economy. They control the workplaces and the means of production, and they have huge power over the major and important investments etc. They have all this power over our economy and our communities, yet we’ve never voted for them. We’ve never voted for the ones controlling our workplaces, and we’ve never voted for the financial elite and speculators at Wall St. In a real democracy it would be the people themselves that got to be in charge of their own workplaces and communities. This is not the case in Capitalism; Capitalism is inherently undemocratic.
Capitalism must be abolished. It must be replaced by a sustainable society where democracy is the core and built from below; a society where capitalism and central state power are replaced by more direct democracy and direct participation where the economic institutions are run democratically by the participants and the ones affected by them. That means democratically run workplaces, democratically run communities and so on; a society where people participate in the decision-making and are in control of their own work, life and destiny.
Whether it’s U.S. state-capitalism or laissez-faire, Capitalism is inherently undemocratic; it must be abolished