The Great Reset is bad, but calling it socialism distracts from combatting it. The Great Reset is technocratic authoritarianism. This article is from a soon to be published book: Against the Great Reset.
Socialism and the Great Reset
It has become increasingly common to hear those on what we may call the conventional Right claim that the main threat facing the historic American nation and the American way of life is “socialism.” These warnings have grown with the rise of the so-called “Great Reset,” ostensibly a broad effort to reduce inequality, cool the planet (i.e., “address climate change”), and cure various social ills, all by decreasing alleged “overconsumption.” In other words, its mission is to persuade people, at least in the developed West, to accept lower standards of living in order to create a more just and “equitable” world. Since the conservative mind, not unreasonably, associates lower standards of living with “socialism,” many conservatives naturally intuit that the Great Reset must somehow be “socialist.”
I believe this fear is at least partly misplaced and that the warnings it gives rise to, however well-meaning, are counterproductive because they deflect attention from the truer, greater threat: specifically, the cabal of bankers, techies, corporate executives, politicians, senior bureaucrats, academics, and pundits who coalesce around the World Economic Forum and seek to change, reduce, restrict, and homogenize the Western way of life—but only for ordinary people. Their own way of life, along with the wealth and power that define it, they seek to entrench, augment, deepen, and extend.
This is why a strict or literal definition of “socialism”—public or government ownership and control of the means of production in order to equalize incomes and wealth across the population—is inapt to our situation. The Great Reset quietly but unmistakably redefines “socialism” to allow and even promote wealth and power concentration in certain hands. In the decisive sense, then, the West’s present economic system—really, its overarching regime—is the opposite of socialistic.
Yet there are ways in which this regime might still be tentatively described as “socialist,” at least as it operates for those not members in good standing of the Davoisie. If the Great Reset is allowed to proceed as planned, wealth for all but the global overclass will be equalized, or at least reduced for the middle and increased for the bottom. Many of the means used to accomplish this goal will be “socialistic,” broadly understood. But to understand both the similarities and the differences, we must go back to socialism’s source, which is the thought of Karl Marx and his colleague, financial backer, and junior partner, Friedrich Engels.
That thought is most accessible in Marx’s Economic and Philosophic Manuscripts of 1844, the jointly authored Manifesto of the Communist Party (1848), and Engels’s pamphlet “Socialism: Utopian and Scientific” (1880). Marxism’s detailed account of economics is fully developed in the monumental Capital (Das Kapital), published in three volumes between 1867 and 1894. Marx and Engels do not claim to be innovators. They insist rather that they merely discovered and explicate the “scientific” theory of socialism, whose true roots are to be found in the unfolding development of “history.”