Capitalism

Brendan Montague The environmental campaigner and journalist argues we need to abandon capitalism as we recover from coronavirus and establish a new economy of private sufficiency and public luxury. The environmental journalist and campaigner George Monbiot has called for a…

Now is the moment to transition away from an economic system that thrives on exploitation. The Covid-19 pandemic is tearing the neoliberal playbook apart as politicians and citizens realise that, in times of pandemic, markets won’t save the day. The privatisation-deregulation-austerity recipe…

By Richard D. Wolff The desperate policies of panic-driven governments involve throwing huge amounts of money at the economies collapsed in response to the coronavirus threat. Monetary authorities create money and lend it at extremely low interest rates to the…

There is much debate about what the world will be like after the pandemic, and we really don’t even know when that will be. It may be that in some countries contagion will peak in a few weeks and then…

Nick Hanauer is a rich guy, an unrepentant capitalist — and he has something to say to his fellow plutocrats: Wake up! Growing inequality is about to push our societies into conditions resembling pre-revolutionary France. Hear his argument about why…

At the International Social Forum organised by the UK Labour Party on the 13th and 14th of July 2019 a host of international speakers attended to give talks on subjects from global economics, climate crisis, global finance and accountability, movement…

At an international conference in New York City, a new group of scholars is studying alternatives to capitalism. Lara Monticelli  & Torsten Geelan for openDemocracy (image by Liz MC, CC by 2.0) In an historical moment when governments and citizens around the world…

The economic system is incompatible with the survival of life on Earth. It is time to design a new one By George Monbiot  for The Guardian For most of my adult life I’ve railed against “corporate capitalism”, “consumer capitalism” and…

By Bill Van Auken Self-proclaimed “interim president” Juan Guaidó returned to Venezuela after an 11-day absence Monday, escorted into the country by a phalanx of Western diplomats, including the ambassadors of the US, Germany, France, Canada, Brazil and several other…

We take the future Asian superpower for granted, but who is their Robert Redford? By Rafael Poch for Ctxt. In the 20th century, in order to become a global superpower, the United States established itself in the first phase as…