What Comes After Capitalism Eats Itself?

Greg Twemlow's article, "What Comes After Capitalism Eats Itself?", examines the historical trajectory of capitalism, tracing its origins from 15th-century Florence's defence of greed to its modern-day manifestation as a "boardroom machine" driven by shareholder primacy. The author contends that this system, amplified by artificial intelligence, is responsible for a triple collapse in climate stability, economic equality, and democratic governance. Twemlow asserts that capitalism is on an unsustainable path due to its demand for infinite growth on a finite planet and suggests that only organised community-led initiatives, like a "Values-Mediated System," can offer a viable alternative to the impending "techno-feudalism." The piece concludes by proposing a "Net Natural Impact" metric to be reported alongside profits, aiming to realign financial incentives with planetary and social well-being. Read the article.

There are no comments yet.

Please log in to write the first comment.