I see neo-liberalism as a laissez-faire form of capitalism. It is a form of capitalism that is non-interventionist and as such it is not perceived by the great unwashed as capitalism. The wolf in sheep’s clothing you might say!
Consumerism encourages the acquisition of goods and services in ever-increasing amounts, the majority of which are inferior and largely not needed.
The link below is a talk that was given by our own ecological economist Professor Phil Lawn at COP23.
COP23 is the informal name for the 23rd Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC).
Phil says that climate change is a symptom of a larger problem. He states that our species are currently consuming an unsustainable 1.7 Earths, and if we as a species are to survive there is an urgent need to reduce consumption.
He advocates that GDP (Gross Domestic Product) is misleading and not fit for purpose and should be replaced by GPI (Genuine Progress Indicator)
This is sobering and crucial information as well as compelling listening.
But what about all the prosperity it has resulted in. Many people say it is a very efficient system, at least that is what I've heard, definitely not an expert though!!!
what "many people" say is flat out wrong. 2.5 times as many people die of poverty alone under capitalism as capitalists claim died under communism (per capita).
"But what about all the prosperity it has resulted in."
capitalism is designed to take from the poor and give to the rich. Its not prosperity it is thievery.
I would say neo-liberalism and consumerism!
those are just a product of the problem
What does that mean?
I am sorry for my tardy response.
I see neo-liberalism as a laissez-faire form of capitalism. It is a form of capitalism that is non-interventionist and as such it is not perceived by the great unwashed as capitalism. The wolf in sheep’s clothing you might say!
Consumerism encourages the acquisition of goods and services in ever-increasing amounts, the majority of which are inferior and largely not needed.
The link below is a talk that was given by our own ecological economist Professor Phil Lawn at COP23.
COP23 is the informal name for the 23rd Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC).
Phil says that climate change is a symptom of a larger problem. He states that our species are currently consuming an unsustainable 1.7 Earths, and if we as a species are to survive there is an urgent need to reduce consumption.
He advocates that GDP (Gross Domestic Product) is misleading and not fit for purpose and should be replaced by GPI (Genuine Progress Indicator)
This is sobering and crucial information as well as compelling listening.
https://unfccc.cloud.streamworld.de/webcast/addiction-to-growth-climate-changes-root-cause
Thanks. Just curious are you into personal development books at all?
What do you mean?
what do i mean? I mean capitalism is a horrible economic system and should be destroyed.
But what about all the prosperity it has resulted in. Many people say it is a very efficient system, at least that is what I've heard, definitely not an expert though!!!
what "many people" say is flat out wrong. 2.5 times as many people die of poverty alone under capitalism as capitalists claim died under communism (per capita).
"But what about all the prosperity it has resulted in."
capitalism is designed to take from the poor and give to the rich. Its not prosperity it is thievery.
OK thanks for this! How would you define capitalism?
private ownership of capital