We are living in the passing of capitalist obsession: the shift into a kind of Ayn Rand fundamentalism signals ironically that change. We need to start now with a huge open neo-communist project, as virtual as you please, to start. That extreme religious version of the capitalist cult is really a sign that the capitalism ethos is going into a dry rot.
There is not, and never was a theoretical foundation to capitalist religion. It was a fantasy that fed on itself in the corruptions of welfare economics (very much an issue in the English system in Adam Smith’s period), the confusions of evolution and laissez-faire policies, and the match of class warfare to social darwinist attacks on ‘altruistic’ ethical systems. The results of this distorted starting point, after a huge success that misleadingly speaks to its axioms, have promptly shown themselves to be a child’s birthday party, but nothing we can absolutely take into the future.
We need to be able to stop sucing our thumbs, and wake up to the degree that we can see that while capitalist economics fed on bogus theory, a passing into a future postcapitalism will require, ironically, the first birth of economic theory.