Post Capitalism and the Five Elements Mandala

Frase argues that we are facing a paradoxical crisis of both scarcity (ecological catastrophe) and abundance (AI & automation) at the very same time. Under these twin pressures, he argues, capitalism is going to end. The question is what will replace it. On intersecting axes of scarcity/ abundance and hierarchy/equality, he maps out a 2 × 2 gri

No longer will greed, scarcity, the quantification and commoditization of all things, the “time preference” for immediate consumption, the discounting of the future for the sake of the present, the fundamental opposition between financial interest and the common good, or the equation of security with accumulation be axiomatic.

Ours is a finite world marked by constraints. To a large extent, these constraints define the five crises set to radically shape the course of the coming century. Together, these crises – encompassing climate change, resource scarcity, ever-larger surplus populations, ageing and technological unemployment as a result of automation – are set to unde

The twenty-first century capitalist’s agenda, in a nutshell, is to rethink the “capital”—to build organizations that are less machines, and more living networks of the many different kinds of capital, whether natural, human, social, or creative.

At the core of most of our cocoons are the concepts and frameworks that have been dictated by the sense that capitalism (in it’s more colloquial broader sense that includes deregulation, imperialism and globalization) is the only viable economic and political system. This has been termed a “monomyth” - a singular myth that like a monoculture planta

returning the commons to the people while nonetheless giving free rein to the spirit of entrepreneurship.