Capitalists Learning From Socialists


Even The Wall Street Journal Is Asking Questions About How Ownership Should Work in a Democracy
by Gar Alperovitz

The piece begins with the simple imperative: “If Western countries want to disprove the dire forecasts of Karl Marx, we must think creatively about how to make the middle class more prosperous and secure.“

Let that sink in for a minute. The threat, according to this featured piece in The Wall Street Journal, is not just Marxists and their ideas, but the possibility that they might be right about capitalism after all. The author strikes the same note in his conclusion:

[…] Marx did have an insight about the disproportionate power of the ownership of capital. The owner of capital decides where money goes, whereas the people who sell only their labor lack that power. This makes it hard for society to be shaped in their interests. In recent years, that disproportion has reached destructive levels, so if we don’t want to be a Marxist society, we need to put it right.

[…] the oddity of the WSJ, bastion of capitalism’s most defended ideological heights, running such a forceful indictment of the current system and its tendency to reproduce and deepen levels of inequality inimical to democracy cannot be ignored: The system question may not quite be on the table in the mainstream media in the way it ultimately needs to be, but it’s getting close.

Confession of Faith
Theodore Roosevelt
August 06, 1912

I am well aware that every upholder of privilege, every hired agent or beneficiary of the special interests, including many well-meaning parlor reformers, will denounce all this as “Socialism” or “anarchy”–the same terms they used in the past in denouncing the movements to control the rail-ways and to control public utilities. As a matter of fact, the propositions I make constitute neither anarchy nor Socialism, but on the contrary, a corrective to Socialism and an antidote to anarchy.


“Socialism, II — Where We Can Work with Socialists”
Outlook 27 March 1909
by Theodore Roosevelt

It is true that the doctrines of communistic Socialism, if consistently followed, mean the ultimate annihilation of civilization. Yet the converse is also true. Ruin faces us if we decline steadily to try to reshape our whole civilization in accordance with the law of service, and if we permit ourselves to be misled by any empirical or academic consideration into refusing to exert the common power of the community where only collective action can do what individualism has left undone, or can remedy the wrongs done by an unrestricted and ill-regulated individualism. There is any amount of evil in our social and industrial conditions of today, and unless we recognize this fact and try resolutely to do what we can to remedy the evil, we run great risk of seeing men in their misery turn to the false teachers whose doctrines would indeed lead them to greater misery, but who do at least recognize the fact that they are now miserable. At the present time there are scores of laws in the interest of labor — laws putting a stop to child labor, decreasing the hours of labor where they are excessive, putting a stop to unsanitary crowding and living, securing employers’ liability, doing away with unhealthy conditions in various trades, and the like — which should be passed by the National and the various State Legislatures; and those who wish to do effective work against Socialism would do well to turn their energies into securing the enactment of these laws.

Moreover, we should always remember that Socialism is both a wide and a loose term, and that the self-styled Socialists are of many and utterly different types. If we should study only the professed apostles of radical Socialism, of what these men themselves like to call “scientific Socialism,” or if we should study only what active leaders of Socialism in this country have usually done, or read only the papers in which they have usually expressed themselves, we would gain an utterly wrong impression of very many men who call themselves Socialists. There are many peculiarly high-minded men and women who like to speak of themselves as Socialists, whose attitude, conscious or unconscious, is really merely an indignant recognition of the evil of present conditions and an ardent wish to remedy it, and whose Socialism is really only an advanced form of liberalism. Many of these men and women in actual fact take a large part in the advancement of moral ideas […] The Socialists of this moral type may in practice be very good citizens indeed, with whom we can at many points co-operate.

Theodore Roosevelt, an Autobiography
by Theodore Roosevelt

many of the men who call themselves Socialists to-day are in reality merely radical social reformers, with whom on many points good citizens can and ought to work in hearty general agreement, and whom in many practical matters of government good citizens well afford to follow.


Teddy Roosevelt’s “Socialist” Party Platform
by Timothy Ashby

by Amygdala

Bernie Sanders’s Presidential Bid Represents a Long Tradition of American Socialism
Long deployed by the right as an epithet, this form of left-wing populism is as American as apple pie.
by Peter Dreier

How Obama’s Embrace Turned Teddy Roosevelt Into a Socialist
After Obama cited Roosevelt in his Kansas speech, Fox News has decided that TR peddled “socialistic nationalism.”
by John Nichols

Sanders’s ‘socialist’ policies sound a lot like Teddy Roosevelt’s and Reagan’s
by H.A. Goodman

2 thoughts on “Capitalists Learning From Socialists

    • I have no reasons to believe that many American political elites are going to embrace socialism. But still it is interesting.

      Even so, Theodore Roosevelt was an interesting case. He had many of the problems of having being born into wealth, power, and privilege. OTOH he became increasingly radicalized over time and his leftist lean became more clear.

      He wasn’t just spouting bullshit. When he became president, he cleaned house. And that was before his more radical later years. Even though he outwardly criticized socialism, he strangely did more than any person in American history to make socialism respectable.

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