On the Significance of Bain Capital by Almost Marx

Bain Capital is an expression of a capitalism without a root in any community and most especially with no investment in the central notion of citizenship, of the cultivation of civic republican virtue, as basic, foundational to their endeavor. That civic context is rendered null in the light of the practice of the maximization of profit, without regard for its human costs. The well being of fellow citizens, as an ethical concern, is then of no relevance, it is mooted by a capitalism adrift from any notion of civic responsibility. That is the central ethical void, that Bain Capital and others like it, express as Free Market Capitalism.

 

Almost Marx

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About stephenkmacksd

Rootless cosmopolitan,down at heels intellectual;would be writer. 'Polemic is a discourse of conflict, whose effect depends on a delicate balance between the requirements of truth and the enticements of anger, the duty to argue and the zest to inflame. Its rhetoric allows, even enforces, a certain figurative licence. Like epitaphs in Johnson’s adage, it is not under oath.' https://www.lrb.co.uk/v15/n20/perry-anderson/diary
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