Inside the new economic science of capitalism’s slow-burn energy collapse

Click here to access article by Nafeez Ahmed from Insurge Intelligence. 

New scientific research is quietly rewriting the fundamentals of economics. The new economic science shows decisively that the age of endlessly growing industrial capitalism, premised on abundant fossil fuel supplies, is over.

The long-decline of capitalism-as-we-know-it, the new science shows, began some decades ago, and is on track to accelerate well before the end of the 21st century.
 
With capitalism-as-we-know it in inexorable decline, the urgent task ahead is to rewrite economics to fit the real-world: and, accordingly, to redesign our concepts of value and prosperity, precisely to rebuild our societies with a view of adapting to this extraordinary age of transition.

Some scientists believe that it is already too late to save humans as a species. I believe that regardless of the latter suspicion, we must make every effort to survive. Contrary to what Ahmed writes, there is no alternative form of "capitalism-as-we-know it". Therefore we must end the capitalist system as fast as possible and create another system that can live in harmony with nature and each other.