Thursday, July 8, 2021

If You Hate Your Job, Embrace Capitalism

Marx writes, “In communist society, where nobody has one exclusive sphere of activity but each can become accomplished in any branch he wishes, society regulates the general production and thus makes it possible for me to do one thing today and another tomorrow, to hunt in the morning, fish in the afternoon, rear cattle in the evening, criticise after dinner, just as I have a mind, without ever becoming hunter, fisherman, herdsman or critic.”

However, by making you significantly richer, a capitalist society does a much better job of enabling you to hunt in the morning and criticize after dinner than a non-capitalist society. Ironically, though, you have to cut way back on your consumption to make this happen. But if you’re willing to save 50-70 percent of your income, there’s a good chance you can retire in your 30s or 40s and spend your time doing whatever you want. So capitalism allows you to achieve the flexibility that Marx dreams of—you just need to buy a lot less (which, if you reject consumer culture, should be pretty easy) and save a lot more.