Revolutions in Reverse

Capitalism as we know it appears to be coming apart. But as financial institutions stagger and crumble, there is no obvious alternative. There is good reason to believe that, in a generation or so, capitalism will no longer exist: for the simple reason that it’s impossible to maintain an engine of perpetual growth forever on a finite planet. Yet faced with this prospect, the knee-jerk reaction is often to cling to what exists because they simply can’t imagine an alternative that wouldn’t be even more oppressive and…