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The Locust and the BeePredators and Creators in Capitalism's Future$
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Geoff Mulgan

Print publication date: 2015

Print ISBN-13: 9780691165745

Published to Princeton Scholarship Online: October 2017

DOI: 10.23943/princeton/9780691165745.001.0001

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To Take or to Make

To Take or to Make

The Roles of Creators and Predators

Chapter:
(p.52) Chapter 4 To Take or to Make
Source:
The Locust and the Bee
Author(s):

Geoff Mulgan

Publisher:
Princeton University Press
DOI:10.23943/princeton/9780691165745.003.0004

This chapter details capitalism's dual character, its bees and its locusts. The first face of capitalism is productive, creating better products and services, from smarter looms for textiles to smarter ways of running a shop. This side of capitalism has transformed living conditions through millions of small improvements and thousands of big ones. It is the capitalism that offers fair rewards in place of expropriation by oppressive states or feudal lords. The other face of capitalism is that of a predator, taking value from people or nature and giving little or nothing back. Moreover, the forms of predation change—and are now as much about minds and hopes as about material things. But the presence of predation in capitalism has not changed, and explains its dubious legitimacy.

Keywords:   capitalism, living conditions, fair rewards, oppressive states, feudal lords, predation, material things

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