"Since effective altruism is committed to whatever would maximise the social good, it might for example turn out to support anti-capitalist revolution." (Srinivasan 2015)
In this peer-reviewed article for Moral Philosophy and Politics, I explore this suggestion. This connects with my EA forum piece 'Why not socialism?' but is more thorough and more focused on longtermism in particular.
ABSTRACT: Capitalism is defined as the economic structure in which decisions over production are largely made by or on behalf of individuals in virtue of their private property ownership, subject to the incentives and constraints of market competition. In this paper, I will argue that considerations of long-term welfare, such as those developed by Greaves and MacAskill (2021), support anticapitalism in a weak sense (reducing the extent to which the economy is capitalistic) and perhaps support anticapitalism in a stronger sense (establishing an alternative economic structure in which capitalism is not predominant). I hope to encourage longtermists to give anticapitalism serious consideration, and to encourage anticapitalists to pursue criticisms of capitalism’s efficiency as well as its injustices.
Yes. That’s why I only scoped my comment around weak anticapitalism (specifically: placing strong restrictions on wealth accumulation when it leads to market failures), rather than full-scale revolution. I’m personally probably more reformist and generally pretty pro-market, but anti-accumulation, FWIW.
As I said, I think that instead of siloed advocacy in distinct cause areas, EAs could realise that they have common cause around opposing bad economic incentives. AI safety, farmed animal welfare, and some global health concerns come from the same roots, and there are already large movements well-placed to solve these problems on the political left (ex. labour unions, veganism, environmentalism, internationalist political groups). Indeed, vegan EAs have already allied well with the existing movement to huge success, but this is the exception.
Frankly, I don’t see how that leads to bread lines but I am open to a clearer mechanism if you have one?