[P2P-F] Fwd: Graeber : "There really is not much of a justification of capitalism anymore"

Michel Bauwens michel at p2pfoundation.net
Sat Dec 28 12:35:39 CET 2013


---------- Forwarded message ----------
From: Dante-Gabryell Monson <dante.monson at gmail.com>
Date: Mon, Oct 28, 2013 at 5:06 PM
Subject: Graeber : "There really is not much of a justification of
capitalism anymore"
To: "econowmix at googlegroups.com" <econowmix at googlegroups.com>


from David Graeber in this article:
http://ouishare.net/2013/10/graeber-morality-debt/

"You know, there really is not much of a justification of capitalism
anymore. The system is supposed to improve the conditions of the poor, thus
making inequalities acceptable. It is no longer the case. It is supposed to
produce greater security. It is no longer the case. It is supposed to
sustain democracy. It is no longer the case. All the classic positive
justifications are gone. Moral arguments are all that is left: working is
good, one has to pay one’s debts – and there is no other way. We have
reached a point where these two arguments are leading to the system’s
self-destruction. The ship is sinking because of an overload of work and
debt."

*( found via Connor T. )*



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