Letter: Capitalism cannot be curbed
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.NEAL ASCHERSON should clarify his reference to Rosa Luxemburg's 'socialism or barbarism' in the context of his enthusiasm for Tony Blair ('How Blair and the new left could protect capitalism from itself', 26 June).
Luxemburg argued that capitalism would increasingly take fascistic forms. The only alternative to mounting barbarity was socialism, represented by the overthrow of the capitalist system in favour of collectivism.
Needless to say, the latter course bears no relation to Blair's social democracy. The notion that we can be saved by moderating capitalism's excesses is wishful thinking. It has nothing to do with Luxemburg.
Tracey Cobb
London N8
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments