The Admiral was fired from his position as Chief of the Naval Staff of India at the end of 1998 over some dispute about a naval appointment. Other than that, I really know very little about him. What he has written in this article is quite astonishing coming from a former high ranking military person.
The article rather successfully covers the failures and destructiveness of capitalism, and the need to change the system into something else if humanity is to survive. The author's piece could very well serve as the basis, with some modifications, for a formal declaration of independence from the system.
Of course, what additionally needs to be addressed is that "something else". I believe that a new social system needs to be shaped by the systems I've listed at the top right-hand side of this blog. Informing these systems is the understanding of a human nature that can only flourish where humans function in small groups. This has been the experience of humans for 98% of their existence. This is the way we have evolved. Hence, any new system must build upon the small group structure. The latter must serve as a foundation for the political edifice built upon it in order for all power to flow from the bottom up.
I also believe that such a structure is needed in order to topple the existing capitalist order. Thus, what can successfully challenge and overthrow the existing order can readily be adapted to establishing a new order. What I have in mind is something like affinity groups organized geographically in their communities.
And remember that we as Americans...
...hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable rights, that among these are life, liberty and the pursuit of happiness. That to secure these rights, governments are instituted among men, deriving their just powers from the consent of the governed. That whenever any form of government becomes destructive to these ends, it is the right of the people to alter or to abolish it, and to institute new government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their safety and happiness.
