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Post-Capitalism

Community Land Trusts As A Proactive Model For Post-Capitalist Development

On paper, a Community Land Trust [C.L.T.] is a non-profit organization first, but not necessarily foremost. Indefinite land leases within inflated financial and real estate markets are most desirable for the procurement of actual wealth equity. C.L.T.’s are a proactive model for sustainability and break the vicious cycle of our archaic Colonial past. The sociological relevance of a C.L.T. is in developing a community orientation for living a life aligned with autonomous Degrowth and the promotion of New Local Post-Capitalism. New localism is therefore characterized by a cautious devolution of power to the local level in an attempt to better implement national goals. It emphasizes the devolution of managerial over political power — the aim is generally to allow local managers to meet national priorities more effectively, rather than to allow local politicians to derogate from national goals.

How The Pandemic Has Sped Up The Passage To Postcapitalism

Two days ago, something extraordinary happened. Something that has never happened before in the history of capitalism. In Britain, the news came out that the economy had suffered its greatest slump ever – more than 22% down during the first 7 months of 2020. Remarkably, on the same day, the London Stock Exchange, the FTSE100 index, rose by more than 2%. On the same day, during a time America has ground to a halt and is beginning to look like not just as an economy in deep trouble but also, ominously, as a failed state, Wall Street’s SP500 index hit an all-time record. Unable to contain myself, I tweeted the following: Financial capitalism has decoupled from the capitalist economy, skyrocketing out of Earth's orbit, leaving behind it broken lives & dreams. As the UK sinks into the worst recession ever, & US edges toward failed state status, FTSE100 goes up 2% & S&P500 breaks all time record! Today, this link between profit forecasts and share prices has disappeared and, as a consequence, the share market’s misanthropy has entered a new, post-capitalist phase. This is not as controversial a claim as it may sound at first. In the midst of our current pandemic not one person in their right mind imagines that there are speculators out there who believe that there are enough speculators out there who may believe that company profits in the UK or in the US will rise any time soon. And yet they buy shares with enthusiasm. The pandemic’s effect on our post-2008 world is now creating forces hitherto unfathomable.
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