To understand the role of capitalism in modern economic times you must understand the word Growth.
Growth at any cost. Which we are just coming to apprentice thanks to the Internet.
For a long time nothing much happened till Wheat conned humans into growing it.
It is not my intention here to address Money and Power. It is sufficient to say that money leads to power and corruption and that all three intermingle in the notoriously subject of Economics.
What I want you to do is to look at Capitalism that founded states and ruined them, opened up new horizons and enslaved millions, moved the wheels of Industry and drove hundreds of species of plants and animals into extinction, plundered the earth resources for profit, promoted science, all to the dethronement of a sustainable planet and ask yourself is it easier to imagine the end of the world than the end of capitalism.
There can be no doubt without some system the human race would descend into barbarism based on nothing but self-interest.
Our cultural output throbs with this notion of self-interest. Just look at the present Refugee problem facing the European Union.
So would the collapse of Capitalism lead to misery?
Capitalism in all its credulity and inequality reflects mans barbarous nature. Indeed the horrors of ISIS are trumpeted so vehemently by the western press precisely because they fill this narrative.
However a dog eat dog world with which capitalism and the state justify themselves is in part a fallacy.
In fact nature teems with co-operation – both between animals, between species and within the ecosystem as a whole.
We are the same, but it is no coincidence that where we do co-operate these areas are dominated by capital and constructed in a way that systematically reward the uglier sides of our common nature.
We know that the world in unfair where the few have too much and the most have too little.
The feeling that Capitalism, inequality, and injustice are inevitable and the idea that to struggle for a better world is naive is coming to an end.
If we could only entrench the cooperative compassionate and empathetic sides of our nature as dominant values in society we would redesign our Capitalist world – to a world worth while living in.
The current state of our planet is affording all of us this opportunity.
How can we tackle the world problems ?
A good place to start would be to get Capitalism to pay for it.
By placing a World Aid Commission on all High Frequency Trading, on all Foreign Exchange Transactions over ($20,000) on all Sovereign Wealth Funds Acquisitions, on all Drilling Wells. This would create a perpetual pot out of Profit for Profit sake that could fund the inevitable cost of climate change.
In doing so we would redistribute the world’s wealth from the whole of the world. ( see previous Posts)
Sooner than later we are going to exhaust the raw materials and energy of the planet Earth. What will happen then?
Which is why, whenever the opportunity arises, we must be prepared to seize it.