Karl Marx was coy about what lay on the other side of capitalism. Communism, in his phrase, amounted to ‘the real movement which abolishes the present state of things’. As a guide to the organisation of society, the pugnacious phrase left something to be desired – literally. Though he appreciated capitalism as an essential stage in the progress of humanity, Marx nevertheless treated its supersession as both a historical necessity and a moral desideratum. The very status of the person as a person is at stake. Under capitalism, we are damaged and incomplete, alienated from our labour and deprived of the means to realise our true potential.
...
(read more)