Capitalism's Captures
Market ‘solutions’ neutralizes and captures any social effort to counter the bad outcomes of capitalism. In a comprehensive and well argued essay Peter Smith (‘Rewilding’) takes us on a tour of the last century of such ‘captures’, the most prominent being Labour Unions transformed from Class Struggle formations into Lobbying outfits and the Environmental Movement turned into consultancies for financialization of natural resources.1 The conclusion is that the real problems are not attacked but fragmented and commodified for intensified extraction by new and old classes of rentiers....