Is capitalism fit for the future?

Written SH on 2015-07-17.

In future tp . Tagged economics work

The Guardian has an interesting piece entitled, The end of capitalism has begun.

It is well worth a read as it pulls together a number of ideas regarding the purpose of finance, the value of work and the future on consumption.

A particular interesting quote,

The coming wave of automation, currently stalled because our social infrastructure cannot bear the consequences, will hugely diminish the amount of work needed – not just to subsist but to provide a decent life for all.
Mason, P., 2015-08-01. The end of capitalism has begun. online.

The most alarming feature of this kind of discussion, is the way it feels so far removed from the current political discourse with its focus on the need to reward near valueless work to support unsustainable consumption.

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