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A POSTCAPITALIST PARADIGM: THE COMMON GOOD OF ...

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all kinds must be abolished, as well as bank secrecy – two powerful instruments<br />

the dominant class uses in the class struggle. It is also necessary<br />

to establish a tax on international financial flows (the ‘Tobin tax’)<br />

to reduce the power of finance capital. ‘Odious debts’ must be denounced,<br />

after due audits, as has been done in Ecuador. Speculation on<br />

food and energy cannot be permitted. As said before, a tax on the kilometres<br />

consumed by industrial or agricultural goods would make it possible<br />

to reduce the ecological costs of transport and the abuse of<br />

‘comparative advantage’. Prolonging the ‘life expectancy’ of industrial<br />

products would allow to save raw materials and energy, and could diminish<br />

the artificial profits of capital resulting purely from the circulation<br />

of trade (Wim Dierckxsens, 2011).<br />

From a positive viewpoint there are also many examples to be cited. The<br />

social economy is built on a logic that is quite different from that of capitalism.<br />

It is true that it is a marginal activity at present, compared with the<br />

immense concentration of oligopolistic capital, but it is possible to encourage<br />

it in various ways. The same goes for cooperatives and popular credit.<br />

They must be protected from being destroyed or absorbed by the dominant<br />

system. As for regional economic initiatives, they can be the means<br />

of a transformation out of economic logic, on the condition that they do<br />

not represent simply an adaptation of the system to new production<br />

techniques, thus serving as means to integrate national economies into<br />

a capitalist framework at a higher level. Restoring the common goods<br />

privatized by neoliberalism is a fundamental step to be taken in public<br />

services like water, energy, transport, communications, health, education<br />

and culture. This does not necessarily mean the State taking them<br />

over but rather setting up many different forms of public and citizen control<br />

over their production and distribution.<br />

Redefining the ‘Common Good of Humanity’ in terms of a new definition<br />

of the economy is thus a necessary task to be undertaken, confronted<br />

as we are by the destruction of our common heritage as a result of forgetting<br />

the collective dimension of production for life-needs, and by the<br />

promotion of exclusive individualism.<br />

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