My recent article on how come capitalism is an extractive practice, and the later explainer of how it degrades real capital got, for me at least, a lot of interest. Very few, however, asked what could be done about it. Once you know the problem you are a long way to solving it. There are … Continue reading “Simple quick fixes to capitalism you never knew could be done”
Some investment visionaries are rubbing their hands in gleeful anticipation of what AI (artificial intelligence) can do and what they can earn from it. AI has already shown that it can, cheaper and better, do the jobs of warehouse workers, doctors, lawyers and so many other professions. We ask the question what if it could … Continue reading “Opinion: AI will do away with capitalism as we know it”
This article follows on from the previous one in the series on explainers about capitalism “What exactly about capitalism means it extracts and exploits?“. We are gravitating towards offering a solution but we need to take a deeper look at what we mean by capital.
Not crony capitalism, not raw capitalism, not capitalism in the hands of wrong people but capitalism itself is the cause of the environmental degradation and social misery we see around us. Capitalism offers the rules if you like, the players play by those rules, and the results are what we see. If I am going … Continue reading “What exactly about capitalism means it extracts and exploits?”
The problem with Business schools is that they teach what has been learned from two centuries experience based on the availability of increasingly vast quantities of energy and cheap raw materials, along with licence to basically release waste straight out into the environment. An out-of-date mindset. We have moved on.
As world population expands, and the demand for a better standard of living drives the world economy, it is becoming clearer to many that using up the world’s resources will actually put us at risk of ending up with a lower standard of living. It could even drive conflicts. Insecurity and lack of the capability … Continue reading “EXPLAINER: capital, sustainable development and peace”
Most of the energy used in the world economy comes from non-renewable sources. Analysts fear that the expanding extraction of energy will not keep up with the expanding economy and …well… the the economy will deflate like a balloon and everyone will be worse off. Worst for the poor who have very little already. Or … Continue reading “We are not running out of energy; capitalism is.”
Article updated June 6 after consideration of all the recent comments We are stuck. On the one hand you have people who talk about economic growth as being the objective of policy – necessary to be able to pay back debts and achieve prosperity. On the other hand, you have the sustainable camp that claims … Continue reading “Suppose capitalism mimicked nature”
Originally posted on Bleeding Edge:
I led a two day High Level Economic, Business, and Finance Summit on Capitalism in London and these are the conclusions we arrived at and the actions we aim to take in the near and longer term: Capitalism is a sure Guide to Desires fulfilled. Capitalism is a network of…
The Sankey diagram below covers Sweden but could probably apply to most of Europe and the US. It shows the total energy input into the country and what it is used on. It tells us an inconvenient truth that no-one seems to be talking about: domestic CO2 emissions come largely from use of passenger cars. … Continue reading “Passenger cars – the inconvenient truth”