Valley of Tears

The features we identify today with liberal democracy and freedom (trade unions, universal vote, freedom of the press, etc.) are far from natural fruits of capitalism. The lower classes won them by waging long, difficult struggles throughout the 19th century. Modern-day China is not an oriental-despotic distortion of capitalism, but rather the repetition of capitalism’s [...]

By Jon

The features we identify today with liberal democracy and freedom (trade unions, universal vote, freedom of the press, etc.) are far from natural fruits of capitalism. The lower classes won them by waging long, difficult struggles throughout the 19th century. Modern-day China is not an oriental-despotic distortion of capitalism, but rather the repetition of capitalism’s development in Europe itself.

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