Another way is possible

by Kieran Allen The Wall Street Crash of 2008 destroyed an estimated €50 trillion of the world’s assets, which is equal to one year of the combined labour of humanity. As a direct consequence, millions of children face the prospect of ‘long-term irreversible cognitive damage’, according to Patrick Montjourides, from the UNESCO’s Global Monitoring Report team. Rising food prices and growing unemployment have already led to the death of between 200,000 and 500,000 children and many more will suffer brain damage in future due to malnutrition. Yet many still claim that there can be no alternatives to capitalism. ‘We cannot … Continue reading Another way is possible

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