Planck Capitalism institutionalizes inequality, promotes poverty, wages war, and denies dignity. It champions competition, eviscerates ecologies, and provides malls with miles of aisles - some for Moneybags, others for the average consumer. Eastern bloc economies reduced inequality but also deadened, decayed, and dissolved. Moreover, they offered no malls for anyone. It is a lead ball to the innovator, it is the inert matter which drowns the most sparkling enthusiasms, it is the swamp which surrounds the old city and defends it better than the most solid walls, better than the bodies of its soldiers, because it swallows the assailants in its slimy mires, it decimates them, disheartens them and, at times, makes them desist from their heroic undertaking.
Economic pundits claim that hierarchy, inequality, and markets or central planning are inevitable.
We claim these are myths that only serve economic elites. We live in the richest country in the world. It is tied for 31st, with Albania, in infants with low birth weight and 211 children die each week from malnutrition and poor care. We live in the richest country in the world. One out of four children under six years of age are growing up poor, including 40 percent of all Latino, children and 50 percent of all Black children.