Getting a Grip on “Supercapitalism.” Part seven.
admin June 10th, 2008
When Frances Moore Lappé has a question about something she does her research, reaches out, and asks away.
Recently she did just that, writing directly to Robert B. Reich, in response to her read of his 2007 book, Supercapitalism: The Transformation of Business, Democracy, and Everyday Life. Reich wrote back at length, clearly glad to engage in the back-and-forth. Below is the seventh installment of their correspondence. Keep checking back for future installments and please: share your thoughts by leaving a comment!
RR: To explain is not to justify. Research shows that consumers prefer products that are the “best deals” in terms of cost and quality; they will not pay more for “socially responsible” products.* I wish that were not the case. I wish investors cared as much about the environment or social justice as they do about high returns. And so on. Again, my argument is not at all a justification. It seeks to explain why we are at this point in history. The good news is that we also have civic values — we are also citizens, in the sense that we care about the quality of our lives together. That we don’t express these values in our purchases and investments doesn’t mean they don’t exist. They are most easily and readily expressed through collective action — through democratic deliberation. But here, again, the central problem is the withering of our democratic institutions.
* Post-script note from
Fair trade and other ethical shopping and investing is, at 29 billion pounds a year, bigger than alcohol sales.
