Taking notes 1

The US dollar’s (USD) continued decline in international standing took the next inevitable step reflecting the systemic failure of capitalism. The predictable effects of unbridled capital accumulation in America manifests itself yet again in recent media reports that China and Japan are promoting direct currency exchanges to facilitate commerce and profits for their enterprises and boost bilateral trade. The move essentially is to replace the USD as a reserve currency and allows both East Asian economic giants to convert yuan and yen directly, and so by-passing currency conversion via USD. This also saves on currency conversion costs. The move effectively … Continue reading Taking notes 1

Life after capitalism

by Michael Albert “Most everybody I see knows the truth but they just don’t know that they know it.” — Woody Guthrie The British Victorian liberal thinker John Stuart Mill (1806-1873) tells us that we… are not charmed with the ideal of life held out by those who think that the normal state of human beings is that of struggling to get on; that the trampling, crushing, elbowing, and treading on each other’s heels which form the existing type of social life are the most desirable lot of human beings. The American social critic Noam Chomsky says he … would … Continue reading Life after capitalism

A new form of activism

by Douglas Rushkoff As highly corporatized people, it’s only natural for those of us interested in addressing our social and environmental rehabilitation to do so from within our roles as employees, consumers, and maybe shareholders. We rarely relate to one another very directly as it is, so it’s a bit much to expect us to engage together in a pursuit as foolhardy as the reinstatement of the social fabric. Instead, like corporations, we tend to prefer to express our charitable and community impulses from afar. Lord knows there are plenty of people who need our help, and their advocates seem … Continue reading A new form of activism

A co-revolutionary theory

by David Harvey The historical geography of capitalist development is at a key inflexion point in which the geographical configurations of power are rapidly shifting at the very moment when the temporal dynamic is facing very serious constraints. Three percent compound growth (generally considered the minimum satisfactory growth rate for a healthy capitalist economy) is becoming less and less feasible to sustain without resort to all manner of fictions (such as those that have characterized asset markets and financial affairs over the last two decades). There are good reasons to believe that there is no alternative to a new global … Continue reading A co-revolutionary theory

Corporate alchemy

by Daniel Pinchbeck Now that the Evolver network and brand have established themselves to a certain extent, I want to look ahead to developments I hope to see in the near future, with this organization and other initiatives. For the next phase of development, I propose the term “business shamanism.” “Corporate alchemy” would be a viable alternative. First, some context: As I write this, the ruling regime in our rotten republic of Obama-stan is seeking to ignore the pain of the sheeple and extend lavish tax breaks for the wealthy. The financial elite engineered a massive transfer of assets over … Continue reading Corporate alchemy