capitalist realism

Capitalist realism is the idea, popularized by Mark Fisher in his book of the same name, that there is a widespread sense that capitalism is the only viable political and economic system. It has coopted protest by creating an invisible, evil Other who is responsible for the world's problems. Doing so allows us to shift blame away from the global elite, who control the market, and ourselves, consumers, for being complicit in global systems of oppression.

According to Fisher, capitalism subsumes and consumes all of previous history and assigns a monetary value to all cultural objects, often removing them from their original purpose and context in the process.

Marx and Engels in The Communist Manifesto:

Capital has drowned the most heavenly ecstasies of religious fervor, of chivalrous enthusiasm, of philistine sentimentalism, in the icy water of egotistical calculation. It has resolved personal worth into exchange value, and in place of the numberless indefeasible chartered freedoms, has set up that single, unconscionable freedom - Free Trade. In one word, for exploitation, veiled by religious and political illusions, it has substituted naked, shameless, direct, brutal exploitation.

Capitalism and the end of the world

During the British miners strike in the 80s Margaret Thatcher said that "there is no alternative" to closing the mines because leaving them open was not economically realistic.