All Things Co-op: Innovation Under Capitalism

[S6 E04] New

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In this episode of All Things Co-op, Cinar, Larry, and Kevin talk about the issue of innovation under both capitalism and a possible cooperative economy. The innovation we’ve seen over the last 250 years has been so immense that people often believe if we changed our economic system, we’d lose the drive for innovation. Though the innovation achieved under capitalism has led to a decrease in needless death, greater standards of living, and massive economic growth, it has also created immense inequality and has led to ever more frequent recessions. As we approach the era of artificial general intelligence and irreversible climate change, how do we account for and justify the costs associated with capitalism? 

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