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Published on Jan 19, 2024

The Wrong of Capitalism Beyond Domination

Political philosophy is witnessing a revival of critiques of capitalism. Against those who argue that capitalism is unjust because of (i) its distributive outcomes, (ii) the oppression of workers at the point of production, or (iii) the extraction of surplus value by the owners of capital, radical republicans have recently defended the view that the distinctive wrong of capitalism amounts to a form of structural domination, which is contingent neither on distributional outcomes nor on capitalists’ extractive dispositions. The point of socialism, in turn, is to achieve non-domination in the labor process, by means of workers’ ownership and control. In this presentation, Chiara Cordelli show some of the limits of radical republicanism as a critique of capitalism and sketches an alternative account of the wrong of capitalism as an alienated relation between citizens and their socio-political order. Overcoming such relation requires, she argues, not just workers’ control, but the politicization of investment decisions otherwise treated as purely economic, and the involvement of citizens in the conscious planning of the economy. Content: 00:00 Intro of Chiara Cordelli 01:30 Start of lecture 01:55 Goals of the talk 04:20 Definition of capitalism 04:50 Overview of the different critiques of capitalism 09:05 Three thesis 11:55 Do owners always dominate? 22:12 Do owners dominate? 30:08 Does capitalism unjustly dominate? 31:33 Who is the dominator? 38:07 The moral problem 43:34 What is the solution? 47:54 Q&A starts Research seminar at the Institute for Futures Studies. Find all of them here https://youtube.com/playlist?list=PLxWAw0WIZSntSKCdPnspLYY8tqHIFTRpu&si=Cudm-412AR4fhrqN Playlists by theme: https://youtube.com/playlist?list=PLxWAw0WIZSnvrTZFgKBGwKmoJV5Y4ZoP4&si=fF8pp_he6D0GOJvb https://youtube.com/playlist?list=PLxWAw0WIZSntraETLpASY_TCA9vqTZN8Q&si=AFNc8gtN4pP7Oa1G https://youtube.com/playlist?list=PLxWAw0WIZSns6GsdeIWs4YzEtj2relda8&si=jYCNNVJlyqmbPbUc https://youtube.com/playlist?list=PLxWAw0WIZSnsnb3BDRRuds0ZPGOWip4c6&si=saXGEBfLtBTE2x0U https://youtube.com/playlist?list=PLxWAw0WIZSnvP6HCP2ys80E7c4rxqXatv&si=U6JyJHvs9-IWA3nS #capitalism #socialism #alienation #marx

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