by Excerpt from Ours: The Case for Universal Property by Peter BarnesCapitalism as we know it has two egregious flaws: it relentlessly widens inequality and destroys nature. Its ‘invisible hand,’ which is supposed to transform individual self-seeking into widely shared well-being, too often doesn’t, and governments can’t keep up with the consequences. For billions of people around the world, the challenge of our era is to repair or replace capitalism before its cumulative harms become irreparable.…Like Marx said would happen due to internal contradictions in the design leading to breakdown. But, as an entrepreneur friend likes to say, "Every breakdown is an opportunity for a breakthrough."This post contains some good information relevant to the issues and also some good ideas for
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Excerpt from Ours: The Case for Universal Property by Peter BarnesLike Marx said would happen due to internal contradictions in the design leading to breakdown.Capitalism as we know it has two egregious flaws: it relentlessly widens inequality and destroys nature. Its ‘invisible hand,’ which is supposed to transform individual self-seeking into widely shared well-being, too often doesn’t, and governments can’t keep up with the consequences. For billions of people around the world, the challenge of our era is to repair or replace capitalism before its cumulative harms become irreparable.…
Evonomics
A New Capitalism: The Case for Universal Property
Peter Barnes is an entrepreneur whose work has focused on fixing the deep flaws of capitalism. He has co-founded several socially responsible businesses (including Working Assets/Credo) and written numerous articles and books, including Capitalism 3.0 and With Liberty and Dividends For All.