Over the next several decades we (humans) will have to change our understanding of what is feasible and what we need to be doing to have a future. The future does not include growth of the GDP or profits. Capitalism as it has been practiced in the 20th century and now hanging on in the early 21st century is dead. Or rather, at this juncture in history, it is moribund.
in the time remaining, to help us understand how the man-made system of capitalism will lead to the extinction of our human species, and so many others.
Sunday, April 18, 2010
The Future of Capitalism - Profits and Growth
by George Mobus from The Oil Drum. Although I have not yet returned home from my trip, I spotted this article while checking my email at a library's computer. I haven't had a chance to read it thoroughly, but it looks like an excellent article that fits with the point of this blog which is that capitalism is going to destroy the earth's habitat for humans and many other species--if we let it!