capitalism
  • Michele Salvati 31 October 2025
    The democracies born in the last century are facing a deep crisis. Rivalries among factions of transnational capital and between states are reshaping the relationship between economics and politics in chaotic and unpredictable ways. As U.S. hegemony wavers, and Europe seeks greater autonomy, nationalism and authoritarian tendencies are resurfacing. In this unsettled landscape, the Left struggles to find a common voice, while new social and cultural energies are trying to imagine a future in which freedom is no longer a privilege of the market. On these issues, Reset DOC spoke with Michele Salvati, emeritus professor of Political Economy at the University of Milan.
  • Fulvia Giachetti 31 October 2025
    What is liberté? Freedom. What kind of freedom? The freedom to do whatever one wants within the limits of the law. When can one do whatever one wants? When one possesses a million. Does freedom allow everyone to have a million? No, it doesn’t. What is a person without a million? A person without a million is not someone who does whatever they want, but someone to whom others do whatever they want.” Thus wrote Fyodor Dostoevsky in 1862, upon returning from his first trip to Europe. In just a few lines, the Russian writer grasped a contradiction that would come to define all modern political thought: the promise of universal freedom versus the reality of a freedom distributed according to wealth. What at the time sounded like a moral provocation now returns as a historical diagnosis of the increasingly worn-out relationship between capitalism and democracy, one that fully embraces the crisis of liberalism and that of freedom.
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