Monday, February 20, 2012

Limits To Growth And Fractional Reserve Banking

Click here to access article by John Scales Avery from Counter Currents.

The author clearly understands the problems facing the capitalist world within a limited planetary system, but fails to understand that his proposed solutions are impossible under the system of capitalism. Because the author has a strong background in the physical sciences (he is associate professor in quantum chemistry at the University of Copenhagen), he can probably be forgiven for thinking that capitalism can be reformed to offer such solutions.