Could Karl Marx be correct in his prediction that
Capitalism would ultimately be self-destructive? If this is the case, is
there an alternative to Capitalism
keeping in mind the catastrophic failures of Communism?
Why
Capitalism needs to radically change is very well explained in this article by Richard Smith.
A Steady
State Economy centred on an ecologically sustainable approach to Capitalism
could provide the answers to these questions. Richard Heinberg, Transition Networks, The Centre for the Advancement of a Steady State
Economy, Positive Money, Breakthrough Capitalism, The Ellen MacArthur Foundation and
the New Economics Foundation,
among many other international organisations, are all exploring ways to create
more understanding and strategies for necessary and urgent change.
