Capitalism

The book Technofeudalism: What Killed Capitalism by Yanis Varoufakis got me into thinking about the Minotaur, but at the same time I couldn’t help but think about Kirtimukha. I decided to write a piece comparing the two myths and how they relate to capitalism. Capitalism: A Labyrinthine Monster or an Eternal Hunger? Throughout history, economic systems have been compared to great forces of nature, war machines, or living organisms. But if we turn to mythology, two figures stand out as powerful metaphors for modern capitalism: the Minotaur, a monster lurking in an inescapable labyrinth, and Kirtimukha, a self-consuming face that never disappears. ...

The concepts of Marxism, capitalism, and socialism often dominate discussions about economics and politics. While each represents a distinct approach to organizing society, their real-world implementations often deviate significantly from their ideals. To understand their realities, it’s crucial to examine their theoretical foundations and how they’ve played out historically. Marxism: The Revolutionary Ideal Marxism, rooted in the works of Karl Marx and Friedrich Engels, envisions a classless society where workers control the means of production. Its core critique is of capitalism’s tendency to exploit labor for profit. Marx predicted that this exploitation would inevitably lead to class struggle, culminating in a revolutionary overthrow of capitalist systems. ...