Posted on 07/02/2015 12:18:53 PM PDT by Citizen Zed
Award-winning economist and journalist Paul Mason believes that, in the wake of the financial crisis and with the rapid rise of new technologies, we are on the cusp of a seismic economic shift – of a kind yet to be seen in human history.
He argues we have a golden opportunity to shape a more socially just and sustainable economy with the emerging forces of information technology, rapid scientific advancement and free, easily shared goods.
On 22 July, Paul will debate the issue at a Guardian Members’ event. The panel will include Douglas Murray, associate director of the Henry Jackson Society and Spectator columnist, Zoe Williams, Guardian columnist, and Pat Kane, writer, musician, activist & director of The Play Ethic to debate the future of capitalism.
But is capitalism really dead? The king of all economic systems has thrived for more than 500 years, seeing off major competition from communism and socialism, time and again proving its resilience in the face of big economic and social crises, emerging transformed, reinvigorated and more powerful than ever.
We want to hear what you think - before the event. Has capitalism had its day? What are the alternatives? Do you follow any other economic models? Is this really a golden opportunity to create a fairer, more sustainable society?
(Excerpt) Read more at theguardian.com ...
I quite agree. But markets evolved to allocate scarce resources. How and why will they survive in an economy of abundance?
The Guardian is a stinking sewer for old, frustrated and castrated British Stalinists and Maoists. The only thing that keeps them alive is their connection to the corrupt British parliament.
Milton Friedman had it right... that the best economic system is based on a free market. Pure capitalists do well in such an environment.
No. Next question.
5.56mm
Capitalism will have had it’s day whenever the idiot who wrote this writes for free.
Capitalism and the bounty it produces requires a moral and just people to survive. Our people have become immoral and unjust at least in a sufficient minority to ruin the nation.
Shhhhhhhhhhhhhhhhhhhh. Don’t tell the Donald.
When it gets to the point of no or almost no cost for some items they will depend on man’s better nature to maintain the balance. Therein lies the rub. We will strive for an advantage. Then the whole construct will collapse. Cynical I am.
OK, point taken, but it is essentially the same system that led to 100 million innocent civilians in the 20th century being put to death by one way or another.
The ends justify the means. The good of the majority outweigh the rights of the few...or the one.
I am corrected. But my point stands. And I think it is historically indisputable.
I cannot imagine anything worse for the poor, the uneducated, and those in the third world than a replacement for capitalism. Once capitalism goes, they will find out just how rough life (or for many death) can be.
How about we define our enemy for a change? We let the Demorats define us for the last several election cycles and we let them without returning the favor thinking it was the “high road”.
Well look what it got us.
Marxism.
They called all conservatives Neo-con’s, with no definite meaning, ranging in use from weak conservative (which is what I believe it is) to extreme conservatism, which is idiotic.
How about we introduce a definition for “progressives”? Never from this point on give them the potential positive connotations of the term ‘progressive’, and from now on call them what they are; Neo-Marxist. Certainly that is what Obama is, and where he wants to take the democrat party; NEO-MARXIST
Who’s giving out all these awards to these dummies?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.