What comes next after capitalism fails? [View all]

[Binkie The Clown]

Face it, there are more symptoms every month that capitalism is failing. Failing the workers, failing the consumers, failing the environment, corrupting governments all around the globe, and generally coming apart at the seems.

Here's one take on the question:

After capitalism, what comes next? For a start, ethics

Jenny Cameron, University of Newcastle; Katherine Gibson, University of Western Sydney, and Stephen Healy, University of Western Sydney

If the comments generated by the recent publication of excerpts from Paul Mason’s forthcoming book, Postcapitalism: A Guide to Our Future, are anything to go by, its release at the end of the month should kick up a storm.

Mason’s book is about a seismic economic shift already underway, one that is as profound as the transformation from feudalism to capitalism. In the excerpts, Mason observes that:

… whole swaths of economic life are beginning to move to a different rhythm.

The shift is evidenced by developments such as collaborative production and the sharing economy. Mason attributes this economic transformation to advances in information technology, particularly the global networks of people and ideas that are now possible.

Full text at THE LINK.