[S6 E04] New
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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“Marxism always was the critical shadow of capitalism. Their interactions changed them both. Now Marxism is once again stepping into the light as capitalism shakes from its own excesses and confronts decline.”
Check out all of d@w’s books: "The Sickness is the System," "Understanding Socialism," by Richard D. Wolff, and “Stuck Nation” by Bob Hennelly http://www.lulu.com/spotlight/democracyatwork