Skip to main content
city-green-journal-600.jpg

If our current system is broken, then what do we want instead?

Our current financial system is failing. It’s time to overturn corporate capitalism and let community systems flourish in its place.

Gar Alperovitz writes for the RSA Journal on the systemic crisis that we face, where in history we stand, and what we can do about it (and what we’re already doing about it).

Times have changed, and in profound ways. For many, the continuing build-up of long-running economic and ecological crises has put the idea that the system is broken squarely on the table. Faith in corporate capitalism as the best of all possible economic worlds simply could not be maintained after the global financial crash of 2007-2008. Klaus Schwab, founder and executive chairman of the World Economic Forum, opened the 2012 meeting of global elites at Davos with a statement claiming that “capitalism in its current form no longer fits the world around us”.

Read the full article on RSA.

Publication date: 2015-08-25
Parent publication: RSA Journal
Publication URL: A Social Capitalism

More related work

May 13, 2020
The future is public

The Future is Public: Towards democratic ownership of public services

The COVID-19 crisis has demonstrated that public services and the people who operate them are truly the foundation of healthy and resilient societies, This book explores a growing international (re)municipalization movement that is helping redefine public ownership for the 21st century.

read more
May 7, 2020
Default Image

Investor guidelines for shared value creation in employee ownership transitions unveiled

In mid-January, the Rutgers Institute for the Study of Employee Ownership and Profit Sharing held its mid-year Kelso fellows meeting, in which scholars and practitioners spent two days sharing research and ideas to deepen understanding of the many forms of employee ownership. Among wide-ranging
read more
April 24, 2020
Default Image

Health Systems and Housing: Collaborating to Promote Affordable Housing Policy Opportunities

As the COVID-19 pandemic evolves, authorities have urged Americans to stay home, and a growing number of cities and states are ordering residents to shelter in place, underscoring the critical need for safe, secure housing for all. As government leaders mobilize to immediately support people

read more