- New Thinking in Political Economy series
Chapter 1: Anti-globalists: funny children of Marx and Coca-Cola
The press all over the world presented pictures of demonstrations in London on the occasion of the meeting of the G20. It showed, for example, a large banner saying: ‘Abolish money!!’ It is all too easy to poke fun at idealistic youth. The nonsensical nature of their recommendations is not made more justifiable by the fact that they had been tabled many times during the 2500 years of Western civilization by Plato, Thomas More, Campanella and other idealistic moralists. After all, over the last three to four hundred years humanity may have learned something. Or, at the very least, it should have learned, since listening recently to ‘The Indignant’ or the ‘99%’ crowds makes me less optimistic about actual learning. Over the last century communism failed abysmally both in its classical Marxian and more realpolitik versions. We should realize that the so-called ‘war communism’, practiced in the 1917–21 period by the Soviets in Russia, included among its measures the abolition of money, with disastrous consequences.
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