What’s Wrong with Capitalism? A Lot. A Hell of a Lot

Are we moving the furniture around on a sinking ship?

The ship is capitalism. There are alternatives to capitalism/socialism/communism – the predominant ideologies of the past centuries.

The new economics (reconomics) generates ethics, values, co-operation, local community, sustainability and international co-operation.

These take priority in political decision making.

Tied to the obsession with infinite growth with finite and vulnerable resources, the power blocks  such as the EU, USA and China belong to an out of date model.

The increasing identification with the nation state and the ‘us and them’ obsession obscures corporate greed, the climate crisis, the destructive competitive ideology and resistance to meaningful development to support people, animals and the environment.

• Capitalism is an economic and industrial system run by private ownership to maximise profit
• The gap between the rich and poor shows the three wealthiest individuals in the world have assets more than the poorest 10 percent of the world’s population
• The three richest people in the US own as much wealth as the bottom half of the nation’s population
• The world’s richest 1% own 82% of the world’s wealth
• Through evasion and loopholes, major US corporations pay between zero and 13% in taxes of the 35% rate – despite the suffering of the world’s poor in every society.
• Capitalism makes use of people, animals, natural resources and the environment to maximise profit
• It is easier to imagine the end of the world than imagine the end of capitalism
• Start imagining and acting on the imagination to end capitalism
• You will contribute to end the imagination of the end of the world
• Capitalism survives because we cannot see any alternative
• Is capitalism the most abusive, exploitative and violent system to dominate the Earth?