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The End of Capitalism? Part 2B. Social Limits and the Crisis

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Considering the ecological limits and social limits to growth side-by-side, the only conclusion I can make is that the end of capitalism is not only a possibility, but an inevitability. Neither the planet nor the world's population appear able to support this system much longer, and something's got to give. It may be years or even a couple decades before we can look back and say for sure that a paradigm shift has occurred and that we are living in a different, non-capitalist era. But the End of Capitalism Theory dares us to question how long a system that lives on economic growth can continue to function in a world of such profound and permanent limits.

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Alex Knight is a proponent of the End of Capitalism Theory, which states that the global capitalist system is breaking down due to ecological and social limits to growth and that a paradigm shift toward a non-capitalist future is underway. He is working on a book titled "The End of Capitalism" and seeks a publisher. Since 2007 he has edited the website endofcapitalism.com. He has a degree in electrical engineering and a Master's in political science, both from Lehigh University. He lives in Philadelphia, where he is a teacher and organizer. He can be reached at alex@endofcapitalism.com

Michael Carriere is an assistant professor at the Milwaukee School of Engineering, where he teaches courses on American history, public policy, political science, and urban design. He is currently working on a book, with David Schalliol, titled "The Death and (After) Life of Great American Cities: Twenty-First Century Urbanism and the Culture of Crisis." He holds a Ph.D. in American history from the University of Chicago.

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Click the links below for more of the interview:

1. The current financial crisis is clearly a moment of peril for both individuals and the broader system of capitalism. But would it also make sense to see it as a moment of opportunity?

2. Capitalism has faced many moments of crisis over time. Is there something different about the present crisis? What makes the end of capitalism a possibility now?
A. Capitalism and Ecological Limits
B. Social Limits and the Crisis

3. Moving forward, how would you ideally envision a post-capitalist world? And if capitalism manages to survive (as it has in the past), is there still room for real change?

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http://endofcapitalism.com

Alex Knight is a proponent of the End of Capitalism Theory, which states that the global capitalist system is breaking down due to ecological and social limits to growth and that a paradigm shift toward a non-capitalist future is underway. He is (more...)
 

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