added by dane cads · updated 2y ago
Is a capitalist-socialist economy inevitable? | Big Think
dane cads added
- I don’t believe there is a future for humans with capitalism still around. It may look to others like there is no way that capitalism can ever go, and that a system based on global gifting and integrative decision making is simply impossible and naïve. My claim is exactly the opposite: that anything that retains the ways in which capitalism functio... See more
from Why Capitalism Cannot Be Redeemed by Miki Kashtan
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Another future is a return to a pre-20th century paradigm, outlined by forecasters like French economist Thomas Piketty. Piketty’s premise is that before the 20th century, the rate of return on capital almost always exceeded the rate of economic growth; wealth grows faster than the economy; the rich get richer and the poor get poorer.
from The End of Jobs: Money, Meaning and Freedom Without the 9-to-5 by Taylor Pearson
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- Zooming out, this is where capitalists and socialists should finally find common ground. In this new world, everyone becomes an investor. We go from thousands of people with financial upside in companies, to millions. We go from 1% capital to 99% capital. On any given platform, labor becomes capital. The ethos of a co-op merged with the efficiency ... See more
from Better Aligning Value Creation & Value Capture by Erik Torenberg
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But the crucial hope for the future is that we will not forever need to be making money from exploitative or vain consumer appetites; that we will also learn to generate sizeable profits from helping people – as consumers and producers – in the truly important and ambitious aspects of their lives. The reform of capitalism hinges on an…
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Some highlighfrom The School of Life: An Emotional Education by Alain De Botton
- In this vein, I would describe four predominant categories of world views regarding capitalism: believers, reformers, apostates and prophets. I use religious terminology because our adherence to capitalism is a religion of sorts: the world is built on ideas, and capitalism is one dogma with an enormously outsized influence. We have broadly adhered ... See more
from Is capitalism broken? by UNA-UK
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Ian Vanagas and added