speakmnemosyne:“What this amounts to is nothing less than elevating figures like Soros or Gate
speakmnemosyne:“What this amounts to is nothing less than elevating figures like Soros or Gates to personifications of the inherent self-negation of the capitalist process itself: their work of charity—their immense donations to public welfare—is not just a personal idiosyncrasy. Whether sincere or hypocritical, it is the logical concluding point of capitalist circulation, necessary from the strictly economic standpoint, since it allows the capitalist system to postpone its crisis. It re-establishes balance—a kind of redistrubution of wealth to the truly needy—without falling into a fateful trap: the destructive logic of resentment and enforced statist redistribution of wealth which can only end in generalised misery […] this paradox signals a sad predicament of ours: today’s capitalism cannot reproduce itself on its own. It needs extra-economic charity to sustain a cycle of social reproduction.”—Slavoj Zizek -- source link