George Monbiot wrote today,
"One of capitalism's greatest successes is to shut down our imaginations. With the help of its favoured tools - neoliberalism and fascism - it persuades us that 'there is no alternative'. Our first task is to re-ignite our moral imaginations and name our alternatives. I cannot count the number of times I've been told, 'if you're against capitalism, you must be a communist,' or 'you must be a feudalist'. In fact, as in my case, you can be fiercely oopposed to capitalism, to communism, and to feudalism. It helps if you undertstand what capitalism is. This means recognizing that it's true nature is endlessly disguised. It's a distinct economic system which arose around 600 years ago. In The Invisible Doctrine, we give this definition:
Capitalism is not the same as commerce. The Dutch VOC and the British East India Company were not trading with the people whose land, labour and resources they seized. Nor were the slavers in the Caribbean and the Americas. Nor is investor-state dispute settlement (ISDS) commerce: nations are forced to surrender resources to corporations or pay compensations. Nor is conversion of rainforests to cattle ranches or extraction of deep-sea minerals. No one's freely trading or being properly remunerated in such cases. Yes, colonial looters might then trade the wealth they steal: capitalism can intersect with commerce, and can overrun commerce, but it is not the same.