The capitalism alternative in ANOTHER NOW – BBC World Service Business Daily 17 NOV 2020
With Covid rampaging and many economies on life-support, some say we need to look beyond capitalism. A blue-sky thinker, the outspoken former Greek finance minister, Yanis Varoufakis, gives his thoughts on a radical alternative to standard market economics, including making all employees shareholders in corporations. And Miatta Fahnbulleh, chief executive of the New Economics Foundation, imagines how this might ever be seriously attempted in practice.
On ANOTHER NOW watch also this video presentation and listen to this radio interview.
On ANOTHER NOW watch also this video presentation and listen to this radio interview.
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by
Kevin
(new)
Nov 18, 2020 12:44PM
A socialist model based on predistribution through basic property rights definition -- commons-based land and resource ownership, free software, basic income, large amounts of direct production for use in the commons via micromanufacturing and Permaculture, etc. -- is vastly preferable to one based on bureaucratic central planning.
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