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Why Capitalism Cannot Be Redeemed
what we need to do is rethink this sense of unfettered capitalism in an age of globalization and say, no, we still have to value community, we still have to value place, and we need to have a capitalist system that allows for enough state intervention, that helps places survive and thrive.
ro khanna • Ro Khanna makes the case for digital public space
Hence, let me rehearse what I demonstrated in systematic detail in chapter 5: there is only one fundamental definition of capitalism. Capitalism is a historical form of life in which wage labor is the foundation of social wealth. We live in a global capitalist world because all of us depend for our survival on the social wealth generated by wage la
... See moreMartin Hägglund • This Life: Secular Faith and Spiritual Freedom
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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Alain De Botton • The School of Life: An Emotional Education
If we are committed to capitalism, we are committed to commodifying more and more aspects of our lives. This vicious circle can be broken only through an overcoming of capitalism, which requires a transformation of our conception of value.
Martin Hägglund • This Life: Secular Faith and Spiritual Freedom
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
UNA-UK • Is capitalism broken?
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
... See moreAaron Bastani • Fully Automated Luxury Communism
There is a strong argument that neoliberal economics and growth-based capitalism are, at their core, disimagination machines. As the scholar Richard Sennett puts it, ‘Modern capitalism works by colonising people’s imagination of what is possible.’56 Thomas Piketty has shown how the creation of inequality is fundamental to capitalism’s model, built
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