So, You Want To End Capitalism? Here’s How.

| Podcast

There is a rising awareness that capitalism is at the root of many of the crises that we face, from the economy to the environment and climate change to the absence of democracy. We need to end capitalism to solve these crises. We speak with Emily Kawano, coordinator of the United States Solidarity Economy Network, about how we are changing the economy right now, what the end of capitalism (as a dominant part of the economy) would look like and how to answer those who worry that it can’t or shouldn’t be done. Plus, we cover current news.

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Guest:
Emily Kawano is Co-Director of the Wellspring Cooperative Corporation, which is seeking to create an engine for new, community-based job creation in Springfield, Massachusetts. Wellspring’s goal is to use anchor institution purchases to create a network of worker-owned businesses located in the inner city that will provide job training and entry-level jobs to unemployed and underemployed residents through worker-owned cooperatives. Kawano also serves as Coordinator of the United States Solidarity Economy Network. An economist by training, Kawano served as the Director of the Center for Popular Economics from 2004 to 2013. Prior to that, Kawano taught economics at Smith College, worked as the National Economic Justice Representative for the American Friends Service Committee and, in Northern Ireland, founded a popular economics program with the Irish Congress of Trade Unions.

  • stephenverchinski

    Real estate took a dump in Seattle area recently. Smelling smoke for months does make a difference. Over 3 million acres burned in Canada. East slope of Cascades forests are in horrid shape as well.

  • mcsandberg

    Why would we want to end prosperity?

    The free-market system depends on values, ideas, and institutions outside of the realm of economics to function, a topic I covered in the second half of this book. But for now the important point is this: The free-market system is not merely the best anti-poverty program ever conceived; it is quite literally the only anti-poverty system ever invented. Poverty is the natural human condition, and it remained the steady state of human affairs for nearly all of human history. Socialism as a label is a relatively recent invention. But socialism as an idea is beyond ancient. Socialism is the economics of the tribe. We evolved as a cooperative, resource-sharing species. This is one reason why the idea of socialism keeps coming back. It’s in our brains, alongside myriad other factory-preset ideas and desires: that capitalism is unnatural; individual liberty and free speech are unnatural; liberal democratic capitalism is at war with human nature in every generation.

    [Excerpt From: Jonah Goldberg. Appendix to “Suicide of the West.” iBooks.