Capitalism Is Just a Theory

Perhaps the biggest obstacle socialism is currently facing in its fight to gain a toehold in America, other than years of elite hatred of it, is the cloak of inevitability that capitalism has wrapped around itself. Capitalism has gone from being a radical economic theory famously laid out in Adam Smith’s The Wealth of Nation’s to being seen in the U.S. as the be-all and end-all of economic thought. Anything that is not capitalism is seen as nothing more than theory or hypothesis that must be proven to be better or stronger than capitalism. This economic framework, fortified in no small part by post WWII cultural and educational institutions, has hampered the development of the socialist/communist movements in the U.S. in a huge way.

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