Whatever Socialism's Sins, It's Capitalism That Threatens Life on Earth

Socialism destroyed Venezuela. This is the claim being made by many. According to the Manhattan Institute, corruption was not to blame, mismanagement was not to blame, falling oil prices were not to blame, and US sanctions were also not to blame. No—they argue the single cause of Venezuela’s plight was socialism. The big bad bogeyman we have all been taught to fear.

It is widely argued that growth in socialist economies is lower than in capitalist economies. This argument dominates mainstream economic discourse. We can see it with our own eyes. Of course, the citizens of the capitalist United States have higher standards of living. Of course the citizens of Europe have more cars, and Chinese citizens have more gadgets. We know all this. But we no longer live solely in capitalist economies. Today we are living under the machinations of the billionaire class. We live in a rampant capitalist fever dream that is doing so much more damage than socialism ever will.

While socialism, in a few nations on Earth, has lowered the standard of living for a few hundred million human beings, capitalism is destroying any chance of a peaceful and abundant future for all species on our incredible planet. Our atmosphere is full of carbon dioxide that is in geological terms warming our home at an unprecedented rate that threatens the very survival of our species. Every year, 7 million people die from breathing polluted air. I say “murdered” is the better word—because we could stop it. We know it is happening, and we know the cause, so manslaughter doesn’t do it justice. And what we see is only the smoke; the real fire is much larger.

Since the industrial revolution we have destroyed 1.5 billion hectares of forest. This is an area 1.5 times the size of the US. In the last 10 years alone, we have cleared an area of land equal to that of Central America. Animal populations have declined by 73% since the 1970s. Our rivers are full of shit, yet void of life. Our oceans will soon be home to more plastic than fish. Humans and the animals we breed to kill make up 95% of the world’s mammalian biomass. Around 70% of the world’s bird biomass is now made up of domesticated poultry bred for human consumption.

The leader of Venezuela was just hauled out of bed and jailed for failing his people. Well, I would suggest that the leaders of the “free” world are also failing their people, but who is going to haul President Donald Trump out of his gold-plated corporate-sponsored bed?

Due to climate change, primarily driven by the burning of fossil fuels for economic growth and animal agriculture, which reduces our ability to draw down carbon naturally, we are beginning to see the outcomes of unregulated growth. Erratic weather conditions in Russia, Ukraine, the UK, China, Mozambique, Pakistan, Canada, and Iran resulted in reduced harvests of key staples in 2025. This is just the beginning.

Our soils have been so degraded by intensive agriculture that the United Nations has warned that much of the world’s remaining topsoil could be severely degraded by 2074 if current practices continue. On top of that, we are hurtling rapidly toward a future of widespread water shortages. In just four years, demand for freshwater is projected to outstrip supply by 40% and half the world’s population could suffer severe water stress. This includes the now free and prosperous people of Venezuela, where much of the country could be uninhabitable by 2070. Without water, there is no food. Scientists have been warning us for decades that food production will be impacted greatly by climate chaos. They forecast that the chance of simultaneous areas suffering crop failure increases from 7% at 2°C (3.6°F) to a staggering 86% if we allow the billionaire class to push us to 4°C (7.2°F).

A lack of food and water, extreme heat, and sea-level rise will certainly make our planet more volatile and conflict ridden. Report after report state that we are heading toward societal collapse—a term used to describe the systematic breakdown of the core social, economic, and political institutions that sustain societies. A consequence of this will be the erosion of international laws and human rights. Does this ring any bells?

As destabilizing as climate chaos already is, an even more profound disruption is now being layered on top of it: artificial intelligence (AI). Beyond its enormous energy and water demands, which promise to exacerbate the problems outlined above, AI threatens the very fabric of society. It threatens vast swathes with employment. It threatens to fundamentally destabilize the conditions that make human societies possible. And it is all being foisted on us without our consent in order to increase profits. This is capitalism in its purest form—where profitability outweighs every other consideration, including life itself.

If we are going to blame socialism for the problems in Cuba, Venezuela, and Nicaragua, communism for the problems in North Korea, then surely, with everything stated above, we must blame capitalism for the complete breakdown of ecosystems, never-ending wars, climate chaos, and a potential AI takeover. And the scale of destruction wrought by Jeff Bezos and his billionaire brethren is gargantuan when compared to anything caused by socialism. Let’s please put things in perspective.

The leader of Venezuela was just hauled out of bed and jailed for failing his people. Well, I would suggest that the leaders of the “free” world are also failing their people, but who is going to haul President Donald Trump out of his gold-plated corporate-sponsored bed? It is only the people of the most powerful nation on Earth that can do that. It should always be down to the citizens of a country to bring about change. It should never be the responsibility of a golden elite that has no interest in improving lives, but simply improving bank balances. They say you get the government you deserve. Well then, we currently have the governments we deserve. What are we going to do about it?

The question is no longer whether this system is failing us, but whether we are willing to confront the power structures that depend on that failure. We need to be honest with ourselves: We are in a class war. A small number of billionaires are grinding all Earthlings into the ground. We are losing on every battlefield. Until we start acting like we are being erased systematically, we will continue to be erased systematically.