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Capitalism is to blame for transphobia – here’s why

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One of the most extraordinary things about capitalism is its inability to conceive of a world without it. Capitalism has been in crisis for some time, and whenever it is the global right can muster only one solution: more capitalism!

When Margaret Thatcher’s free market “revolution” reached its logical conclusion in the 2008 recession, fuelled as it was by unbounded financial deregulation, what was the remedy for the banks that screwed us? To reward them, of course.

Fast-forward to now, and neoliberalism feels on the brink of implosion (or has it died already?). Fantasies about eternal economic expansion have been debunked with the sobering fact that our planet is quite literally burning because of it; the Tories celebrate the UK’s “prosperous” position as the fifth largest economy (while ignoring that it’s also one of the most unequal, with 14 million people living in poverty according to the UN); and capitalism’s false promise that we’ll all be private owners should we work hard enough (or have the gift of circumstance, or choose to willingly exploit workers), is coupled with the West’s rapid intolerance of anybody else who might hope for a slice of it.

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It’s no doubt that the current wave of far-right populism across Europe and........

© Independent