I think I’m going to stop reblogging those ‘half the world’s wealth is owned by like 7 people’ posts. Not because they’re not vaguely accurate, but because they’re too often mis-interpreted as describing a problem (7 evil dudes) instead of describing a symptom of the actual problem (capitalism).
Truth is, 7 people are not our problem and we can’t solve our problems by killing 7 people. Gloriously entertaining as that might be.
If we could kill the 7 richest people of the world, capitalism would survive. If we could kill them and appropriate all their wealth and somehow distribute that equally across the workers of the world, we’d have a very chaotic period of hyperinflation and shifting balances of power but capitalism would probably survive that too.
And if the richest 7 people of the world would be visited by the ghost of Christmas and suddenly became the 7 most charitable people on earth, capitalism would survive that too. Because most of the wealth of these rich bastards is not in their bank accounts as disposable income, it’s in the imagined value of their companies. And the moment they’d stop prioritizing profit, that imagined wealth would vanish as investors flocked to the stocks of different bastards and the imagined wealth of those different companies would rise. In the face of the systems of capitalism, these people are not actually as powerful as they imagine themselves to me. If they’d stop serving profit, they’d lose most of their power.
So yeah, we need system change.
And like… one of the reasons I think it is important to talk about this is because ‘A few evil people secretly hold all the power and if we just killed
them all the world’s problems would be solved’ is at the core of most conspiracy theories, from The Protocols of the Elders of Zion all the way to QAnon. It’s the same story over and over and whenever these kinds of theories spread, minorities pay the price.
And when
‘A few evil people secretly hold all the power and if we just killed
them all the world’s problems would be solved’
sounds vaguely intuitively true to people who have heard something similar on a leftist blog… those people are a little more receptive to those conspiracy theories. So maybe it’s not something we should be implying?