Capitalism is collapsing under the weight of itself, and it’s not pretty. The planet is fighting back against our abuse of the environment, geopolitical tensions are escalating in tandem with popular confusion and panic, and we have levels of income inequality that would make a robber baron blush. In a sense, transitioning away from the limitless extraction and profit creation is actually a logical necessity. Our current macro-economy is predicated on the notion that GDP will rise exponentially, that more money will be created to pay the interest on the loans that buttress our economy, and that material resources will be used to create the value to fuel those forms of growth. Infinite growth in a world of finite resources isn’t practicable math.
The next fifty years will bring a tremendous transition; the question is what that transition will look like. Will it look like a return to the...
