The New Prophets of Capital

Nicole Aschoff

Book 4 of Jacobin

Language: English

Publisher: Verso Books

Words: 38322
Flesch: 54.7
DDC: 330.122
FAST Tags: Capitalism, Free enterprise
LCC: HB501
LC Genre: Social Sciences>Economics>Capitalism

Description:

A deft and caustic takedown of the new prophets of profit, from Bill Gates to Oprah

As severe environmental degradation, breathtaking inequality, and increasing alienation push capitalism against its own contradictions, mythmaking has become as central to sustaining our economy as profitmaking.

Enter the new prophets of capital: Sheryl Sandberg touting the capitalist work ethic as the antidote to gender inequality; John Mackey promising that free markets will heal the planet; Oprah Winfrey urging us to find solutions to poverty and alienation within ourselves; and Bill and Melinda Gates offering the generosity of the 1 percent as the answer to a persistent, systemic inequality. The new prophets of capital buttress an exploitative system, even as the cracks grow more visible.