A Confused Critique of Capitalism

Barry Healy at Green Left writes a review of Loretta Napoleoni’s Rogue Economics: Capitalism’s New Reality:

There is “almost a perfect correlation [linking] the spreading of democracy and the rising of slavery,” she said. As the number of “democratic countries” increases, so does the global pool of slaves.

… Supermarket shelves of are “full of products brought to us by slaves,” she said. Three quarters of the fish we eat “has been fished illegally and the housing market is infested with money launderers”.

… Napoleoni’s writing is most certainly anti-capitalist, or rather it is staunchly opposed to the bad effects of capitalism. But she is like a rudderless rocket, firing off in any direction.

Napoleoni fails to realize that capitalism isn’t the problem. In the fight against slavery, corporations seeking to make a profit can be a big help. Why? Because no one wants their brand to be associated with slavery.

The Coalition of Immokalee Workers has shown with their campaigns for food with integrity, which have changed the way companies like McDonald’s and Whole Foods operate, among others. Companies that want to continue to make a profit in an increasingly educated society are being forced to reevaluate and change their practices.

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