One thing that I’ve found helpful is from Naomi Klein in her most recent book. To paraphrase - conspiracy theories often get the feelings right, but the facts wrong. For example, we are all being screwed over by banks and hedge funds, but it’s because of the structures of capitalism, not the Jews. But it’s much easier, mentally, to pin the blame on one specific person or group than to grapple with the flaws inherent in the social systems we’ve created.
Sure. For one, the growth imperative means that any business must return a profit as its primary function. If profits are hard to come by, that can lead to things like predatory lending and higher fees for consumers, not to mention investment in environmentally destructive, but profitable, activities. Second, by commodifying human necessities like housing and turning them into investment vehicles, housing is increasingly unaffordable for working people as prices go up. I could go on, if you’d like, but I think those are both fairly compelling arguments.
One thing that I’ve found helpful is from Naomi Klein in her most recent book. To paraphrase - conspiracy theories often get the feelings right, but the facts wrong. For example, we are all being screwed over by banks and hedge funds, but it’s because of the structures of capitalism, not the Jews. But it’s much easier, mentally, to pin the blame on one specific person or group than to grapple with the flaws inherent in the social systems we’ve created.
Can you prove that the structure of capitalism is why we’re being screwed over by banks and hedge funds?
Sure. For one, the growth imperative means that any business must return a profit as its primary function. If profits are hard to come by, that can lead to things like predatory lending and higher fees for consumers, not to mention investment in environmentally destructive, but profitable, activities. Second, by commodifying human necessities like housing and turning them into investment vehicles, housing is increasingly unaffordable for working people as prices go up. I could go on, if you’d like, but I think those are both fairly compelling arguments.
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