Capitalism

Like all previous economic systems in recorded history, capitalism is on track to repeat the same three-step trip: birth, evolution, and death. The timing and other specifics of each system’s trip differ. Births and evolutions are commonly experienced as positive,…

It may help to precede my answers with a methodological remark, starting from Heidegger`s Jedes Fragen ist ein Suchen (Every question is a seeking). (Sein und Zeit (Being and Time), on or near p. 5 in every German or English…

To solve the extreme inequality of US capitalism requires systemic change, an end to capitalism pitting employers against employees. By Richard D. Wolff To grasp the sheer magnitude of US economic inequality in recent years, consider its two major stock…

By Mark Lesseraux Isn’t it ironic that over the last 40 years no American has received more (financial) government assistance than Donald Trump? Which begs the question: If our socio-economic system has “evolved” in such a way that it has…

The United States, the wealthiest and most powerful nation in world history, is also number one in COVID-19 infections and deaths. As White House coronavirus advisor Dr. Deborah Birx warned last weekend, “It is extraordinarily widespread. It’s into the rural…

By Yanis Varoufakis* On 15th July, Ben Arc published in Bitcoin Magazine an open letter addressed to me in a bid to convince me that I should re-assess my rejection of Bitcoin as a force for good; as a bulwark…

‘Capitalism, colonialism, and ecological devastation are all cause and effect of each other, and they coevolved together.’ Capitalism is the virus. I present this as both a literal and metaphorical statement. My aim is to supplant the “humans are the…

Prof. Vandana Shiva | Navdanya International– Message for World Environment Day, 5th June 2020   On 31st May, while people were dying during the Corona Pandemic, while millions had lost their livelihoods and were going hungry during the “lockdown”, while millions were…

Brendan Montague The environmental campaigner and journalist argues we need to abandon capitalism as we recover from coronavirus and establish a new economy of private sufficiency and public luxury. The environmental journalist and campaigner George Monbiot has called for a…

Now is the moment to transition away from an economic system that thrives on exploitation. The Covid-19 pandemic is tearing the neoliberal playbook apart as politicians and citizens realise that, in times of pandemic, markets won’t save the day. The privatisation-deregulation-austerity recipe…