We’ve lived so long under the spell of hierarchy—from god-kings to feudal lords to party bosses—that only recently have we awakened to see not only that “regular” citizens have the capacity for self-governance, but that without their engagement our huge global crises cannot be addressed. The changes needed for human society simply to survive, let alone thrive, are so profound that the only way we will move toward them is if we ourselves, regular citizens, feel meaningful ownership of solutions through direct engagement. Our problems are too big, interrelated, and pervasive to yield to directives from on high.
—Frances Moore LappĂ©, excerpt from Time for Progressives to Grow Up

Tuesday, April 19, 2016

Exit from the Megamachine [a 'best post']

Click here to access article by Fabian Scheidler from degrowth.

Unfortunately, I have run out of time this morning to comment on this excellent post. However my reaction is probably not needed because the essay can stand on its own. It sums up so much that is true about today's world and the system of capitalism that is destroying it, and written by someone who has a clear understanding of it.
In the twenty-first century, however, the five-hundred year-long expansion of the megamachine is reaching insurmountable limits. On the one hand the accumulation-machine is stuttering: the huge numbers of poor people across the globe and the crumbling middle classes do not have the money to keep buying a growing production at profitable prices. This is why the economy is shifting to finance speculations that erupt in ever deeper crashes, further destabilizing economies as well as states. 

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