Against Market Radicalism
by Christa Luft, 2018
Capitalism is not “the end of history” as the American Francis Fukuyama postulated in 1992. The system question is open! Nothing raises the system question as clearly as capital itself. The economy should be re-embedded in society. What seems rational in micro-economics collides with the irrationality of maximizing profits as an end-in-itself.
Capitalist elements could be implemented in a socialist economy. A paradigm shift is necessary.