Submission + - We can move beyond the capitalist model and save the climate (theguardian.com) 4
Our existing economic system is incapable of addressing the social and ecological crises we face in the 21st century.
The purpose [of capital] is to maximise and accumulate profit. That is the overriding objective. This is the capitalist law of value.
There are three necessary conditions for the transformation of our economy from a dead-end dictatorship into a functioning and ecologically sound democratic one.
These are their three conditions, epigrammatically:
- A new financial architecture
- Extensive use of deliberative democracy
- Corporate Reform that favours and promotes the formation of companies run along the lines of one employee, one share, one vote.
We live in a shadow of the world we could create. A world in which we shall be able to avert an almost certain ecological collapse, rather than waiting around for capitalism to push us beyond the point of no return. A world where the abolition of economic insecurity, precarity, poverty, unemployment and indignity is possible, while we lead meaningful lives within planetary boundaries. This is not a distant dream. It is a tangible prospect.
Capitalism doesn't exist. (Score:1)
There is no such thing as capitalism. They have completely misunderstood current society. Read this article https://dagens-fel.livejournal... [livejournal.com]
They want to violate people's freedom of contract, property rights and general liberty.
Communism by any other name... (Score:2)
No Offense But It Sounds Like Commie Gobbledygook (Score:2)
steps? (Score:2)