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Title: Unless It Changes, Capitalism Will Starve Humanity By 2050
Source:
Forbes
URL Source: http://www.forbes.com/sites/drewhan ... humanity-by-2050/#7bc8a19e4a36
Published: Feb 16, 2016
Author: Drew Hansen
Post Date: 2016-02-16 17:54:41 by Willie Green
Keywords: None
Views: 24898
Comments: 163
Capitalism has generated massive wealth for some, but it’s devastated the planet and has failed to improve human well-being at scale. • Species are going extinct at a rate 1,000 times faster than that of the natural rate over the previous 65 million years (see Center for Health and the Global Environment at Harvard Medical School). • Since 2000, 6 million hectares of primary forest have been lost each year. That’s 14,826,322 acres, or just less than the entire state of West Virginia (see the 2010 assessment by the Food and Agricultural Organization of the UN). • Even in the U.S., 15% of the population lives below the poverty line. For children under the age of 18, that number increases to 20% (see U.S. Census). • The world’s population is expected to reach 10 billion by 2050 (see United Nations’ projections). Capitalism is unsustainable in its current form. How do we expect to feed that many people while we exhaust the resources that remain? Human activities are behind the extinction crisis. Commercial agriculture, timber extraction, and infrastructure development are causing habitat loss and our reliance on fossil fuels is a major contributor to climate change. Public corporations are responding to consumer demand and pressure from Wall Street. Professors Christopher Wright and Daniel Nyberg published Climate Change, Capitalism and Corporations last fall, arguing that businesses are locked in a cycle of exploiting the world’s resources in ever more creative ways. “Our book shows how large corporations are able to continue engaging in increasingly environmentally exploitative behaviour by obscuring the link between endless economic growth and worsening environmental destruction,” they wrote. Yale sociologist Justin Farrell studied 20 years of corporate funding and found that “corporations have used their wealth to amplify contrarian views [of climate change] and create an impression of greater scientific uncertainty than actually exists.” Corporate capitalism is committed to the relentless pursuit of growth, even if it ravages the planet and threatens human health. We need to build a new system: one that will balance economic growth with sustainability and human flourishing. A new generation of companies are showing the way forward. They’re infusing capitalism with fresh ideas, specifically in regards to employee ownership and agile management. The Increasing Importance Of Distributed Ownership And Governance Fund managers at global financial institutions own the majority (70%) of the public stock exchange. These absent owners have no stake in the communities in which the companies operate. Furthermore, management-controlled equity is concentrated in the hands of a select few: the CEO and other senior executives. On the other hand, startups have been willing to distribute equity to employees. Sometimes such equity distribution is done to make up for less than competitive salaries, but more often it’s offered as a financial incentive to motivate employees toward building a successful company. According to The Economist, today’s startups are keen to incentivize via shared ownership: The central difference lies in ownership: whereas nobody is sure who owns public companies, startups go to great lengths to define who owns what. Early in a company’s life, the founders and first recruits own a majority stake—and they incentivise people with ownership stakes or performance-related rewards. That has always been true for startups, but today the rights and responsibilities are meticulously defined in contracts drawn up by lawyers. This aligns interests and creates a culture of hard work and camaraderie. Because they are private rather than public, they measure how they are doing using performance indicators (such as how many products they have produced) rather than elaborate accounting standards. This trend hearkens back to cooperatives where employees collectively owned the enterprise and participated in management decisions through their voting rights. Mondragon is the oft-cited example of a successful, modern worker cooperative. Mondragon’s broad-based employee ownership is not the same as an Employee Stock Ownership Plan. With ownership comes a say – control – over the business. Their workers elect management, and management is responsible to the employees. REI is a consumer cooperative that drew attention this past year when it opted out of Black Friday sales, encouraging its employees and customers to spend the day outside instead of shopping. I suspect that the most successful companies under this emerging form of capitalism will have less concentrated, more egalitarian ownership structures. They will benefit not only financially but also communally. Joint Ownership Will Lead To Collaborative Management The hierarchical organization of modern corporations will give way to networks or communities that make collaboration paramount. Many options for more fluid, agile management structures could take hold. For instance, newer companies are experimenting with alternative management models that seek to empower employees more than a traditional hierarchy typically does. Of these newer approaches, holacracy is the most widely known. It promises to bring structure and discipline to a peer-to-peer workplace. Holacracy “is a new way of running an organization that removes power from a management hierarchy and distributes it across clear roles, which can then be executed autonomously, without a micromanaging boss.” Companies like Zappos and Medium are in varying stages of implementing the management system. Valve Software in Seattle goes even further, allowing employees to select which projects they want to work on. Employees then move their desks to the most conducive office area for collaborating with the project team. These are small steps toward a system that values the employee more than what the employee can produce. By giving employees a greater say in decision-making, corporations will make choices that ensure the future of the planet and its inhabitants. 
(Credit: ZINIYANGE AUNTONY/AFP/Getty Images)
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#68. To: SOSO (#53)
History tells us that capitalism works, but that human nature will tear it down if it is unrestrained by the rule of law. ---- And the only type of rule of law that has worked, -- is American constitutionalism Yep, and we're the only form that's lasted well over 200 years, as you must admit. - That's sustainability.
Sweden and Denmark are classic examples. Neither was ever truly socialist or even came close. The nationalization of major industries and utilities in Britain came pretty close in the post-WW II era but they finally drew back under Thatcher and dismantled their failing semi-socialist economy. Both Sweden and Denmark are much less socialist now than they were decades back. Only old hippies like Bernie Sanders think that Denmark or Sweden are still the leading social-welfare states of Europe. And Denmark formally rejected Sanders' claims about the virtues of Danish democratic-socialism. Even Israel isn't a true social-democratic state, although they came close in the Eighties and Nineties, largely as a result of absorbing new citizens, primarily Soviet Jews.
I've seen the photos, read the story. The Soviets diverted the lake's rivers for irrigation and made it shrink to almost nothing. It had been one of the four biggest lakes in the world, a hub of commerce, fishing, etc.
The only type of rule of law that has worked, -- is American constitutionalism Silly question, seeing there are no other countries with our freedoms.
I wouldn't call that sustainability at all, especially since many Americans believe that their children will be the first generation in a long, long time that will not be at least as well of as their parents. In other words, the Great Experiment has past its prime time and is on the way out with a bullet. We shouldn't feel too badly about our demise though as there hasn't ever been a single world leading society that has survived or maintained its once great and lofty position - never, ever. потому что Бог хочет это тот путь
History tells us that capitalism works, but that human nature will tear it down if it is unrestrained by the rule of law. "…”For in order for capitalism to work — in order for it to produce a good and a stable society — the traditional Christian virtues are essential.”" - Supreme Court Justice Antonin Scalia Thanks for making my point.. I'm an agnostic, -- but the values of the founders constitution are echoed by Christian principles.
IDM the 10 Commandments are good rules for a society to live by. потому что Бог хочет это тот путь
History tells us that capitalism works, but that human nature will tear it down if it is unrestrained by the rule of law. ---- And the only type of rule of law that has worked, -- is American constitutionalism Yep, and we're the only form that's lasted well over 200 years, as you must admit. - That's sustainability. Well, imo, they're wrong, if we can get through this latest crisis. Yep, there's lots of defeatists who agree with you. I still have some hope. Our present society may not survive, but I think our constitutional principles will.
Those of us who have traveled around the world and have seen "ALL" those other sorry ass forms of government have a tendency to lump them all together. Why is that you ask?? Well it's because all those types of government are for people who want/require adult supervision. So if you think Scandinavia is so great I suggest you might want to make your last few years on Earth happy ones and move there... Vegetarians eat vegetables. Beware of humanitarians!
Who destroyed Cuba? the revolution or the US who wanted their puppet government back
The Roman empire lasted over a thousand years, it wasn't based on capitalism, we have yet to see how long you will last, but remember the British empire was essentially capitalist also but it fought too many wars. You have survive only because you have been more remote from those wars and didn't bear the full impact on your territory, in fact, in the true capitalist sense you profited from those wars. Today you fight your wars through trade more than you do through military means but that can bring you down too. George Bush thought he could bring democracy to the middle east, what he brought was chaos
History tells us that capitalism works, but that human nature will tear it down if it is unrestrained by the rule of law. ---- And the only type of rule of law that has worked, -- is American constitutionalism Yep, and we're the only form that's lasted well over 200 years, as you must admit. - That's sustainability. You forget the civil war, on our territory, and in one sense, a war against capitalism. Granted, in WWI&II capitalists profited. Society didn't, -- in any war. That makes you happy? -- Whatever.
Yes, adult supervision would be a refreshing change compared to the adolescent irresponsibility of the GOP/Tea Party.
That's a big, big if. Let's see who gets elected in November. Let's see what the REP controlled Senate will actually do about filling the seat on SCOTUS with an Obama candidate. "Our present society may not survive, but I think our constitutional principles will." You do not understand the current demographics of the country and were that is going to be in the very near future. About half of the country U.S. population have no philosophical, intellectual, cultural, or, emotional connection to our Founding Fathers and their vision and/or intent of the principals of the Constitution that they penned, passed and confirmed. And the proportion only increase with time. Many of these constitutional principles have already gone by the wayside and more are currently pending SCOTUS action with many more to come. Sure one can always hope but one needs to understand the realities of the world. потому что Бог хочет это тот путь
the Castro Brothers of course . They've run the country for almost 60 years . Are the people of Cuba better off for it ? No ,but the Castro's through plunder have done well for themselves .That is the real socialist model . The only people who prosper are the ones well connected with the government . "If you do not take an interest in the affairs of your government, then you are doomed to live under the rule of fools." Plato
Well, imo, they're wrong, if we can get through this latest crisis. I can wait if you can.. "Our present society may not survive, but I think our constitutional principles will." As I noted earlier: --- TooConservative advocated " a reasonable social-welfare state within a capitalist framework". I agreed, it's a workable system... 'Three hots & a cot' provided for those who need it, --- and dog eat dog (within the rule of constitutional law) for everyone else. Everybody wins, -- including that half you mention above... I've been dealing with the realities of the world for 79 years, - over 50 as a building contractor. You?
You? A few years less. I graduated from college at age 20 in 1965 and will be retiring this year. I did work for all of my college years as a musician throughout the and as a lifeguard at Coney Island beach during the summer (no better gig for a healthy, horny teenage kid). потому что Бог хочет это тот путь
I agreed, it's a workable system... 'Three hots & a cot' provided for those who need it, --- and dog eat dog (within the rule of constitutional law) for everyone else. The U.S. welfare, nanny state passed that mater a long time ago. You missed the turn. потому что Бог хочет это тот путь
Yo, A Pole, you there? All I hear from you is CRICKETS. потому что Бог хочет это тот путь
If YOU want to see the effects of socialism, visit Scandanavia... it's really quite nice there and a helluva lot better than the banana republic fascism that the GOP is importing from our southern border. Wrong! You could have fooled me. I've been married to a Russian lady for 15 years. We have a second home in Volgograd, Russia. Russia is socialist. "A silly idea is current that good people do not know what temptation means. This is an obvious lie. Only those who try to resist temptation know how strong it is... A man who gives in to temptation after five minutes simply does not know what it would have been like an hour later. That is why bad people, in one sense, know very little about badness. They have lived a sheltered life by always giving in.” ― C.S. Lewis, Mere Christianity
I. Wouldn't have my dog operated on in Russia. That's one reason why I haven't visited there recently. "A silly idea is current that good people do not know what temptation means. This is an obvious lie. Only those who try to resist temptation know how strong it is... A man who gives in to temptation after five minutes simply does not know what it would have been like an hour later. That is why bad people, in one sense, know very little about badness. They have lived a sheltered life by always giving in.” ― C.S. Lewis, Mere Christianity
I've invested. Heavily in stocks over the years and lost more than I've gained. The risk was mine and I lost. You would deny me the chance to redeem what. I lost. Good CEOs are rare, and are often worth what the market will bear. "A silly idea is current that good people do not know what temptation means. This is an obvious lie. Only those who try to resist temptation know how strong it is... A man who gives in to temptation after five minutes simply does not know what it would have been like an hour later. That is why bad people, in one sense, know very little about badness. They have lived a sheltered life by always giving in.” ― C.S. Lewis, Mere Christianity
As I noted earlier: --- TooConservative advocated " a reasonable social-welfare state within a capitalist framework". I agreed, it's a workable system... 'Three hots & a cot' provided for those who need it, --- and dog eat dog (within the rule of constitutional law) for everyone else. Of course it has. And we're long overdue to stop the 'cash' type of welfare, and concentrate on a voucher/card type system that can eliminate most fraud... I doubt I've missed much, dealing with a lot of very clever part time employees over the years. I've seen every kind of scam you can imagine to get 'benefits'.
In "ALL" you include American government or you don't? Do you really believe that you can just go there?
History is not your strong side.
I would love to see some examples. What freedoms do you have that Italians, or Brazilians, or Irish, or Indians do not?
Reread carefully what you and me wrote. I have no energy to untangle your confusion.
Those of us who have done this have come to know a good thing when we see it. Before you talk about sorry ass forms of government you really should think for a while, if you really had a choice would you live where you do? You have drunk the koolaid and want to believe anything you are told, but I have seen failed nations, I have seen places where you scratch your head and wonder what's going on. I've been to places when you are told not to go there and what I know is not everything is what you think it is and certainly not what you have been told it is
In a home country or a country that you know well and have friends there? Politics is not so important while moving and adjusting to another place and culture is a very difficult thing.
The only type of rule of law that has worked, -- is American constitutionalism Silly question, seeing there are no other countries with our freedoms. I'm free to live in the United States. Many Italians, or Brazilians, or Irish, or Indians want to, but cannot. That's a continuing historical fact. But being our resident pest, you don't let facts interfere with your juvenile trolling. ---- So please, get lost..
If I really had the choice, I would live on my own cherry orchard and experimental dairy, with experimental sturgeon ponds, in Leelanau County, Michigan. My house would be a log-and-stone cabin, built entirely with local materials. Such electrical power as needed would be wind-generated. It would be good. But I don't have the choice - too many commitments, too many other people depending on me. This is true of all. If my wife had the choice, we'd live in Paris or Manhattan. Connecticut is a compromise.
Yes. Paris was a very easy place to live and to like. New York was. The other American cities in which I've lived, less so, because there's nothing in most cities except clothing stores, gas stations and fast food.
You are calling God's own economic structure, laid out in Exodus and Leviticus, and repeated in Deuteronomy, "thievery". You're wrong.
You're wrong. You are full of it on this like most things. God never told anyone to give 50 plus percent of their income to a godless government. You support stealing from productive people and giving it to sloths. Tell me great one what the Bible says about sloths and why you want to give slots money from productive people. You would make God a liar if you could.
I'm free to live in the United States. Many Italians, or Brazilians, or Irish, or Indians want to, but cannot. There many Americans who want and live in other countries. This is XXI century in case if you don't know. And every Italian, Brazilians etc have freedom to live in their country. And many of them like to do so. You have skewed perspective because you meet only those who wanted to emigrate. Returning to the original question, can you show how Italy or India are less free?
Are you saying that rich people are rich because they work hard and poor working people are poor because they are lazy?
Tell me great one... You would make God a liar if you could. Pass. It is to a man's honor to avoid strife, but every fool is quick to quarrel. (Proverbs 20:3)
Of course it has. And we're long overdue to stop the 'cash' type of welfare, and concentrate on a voucher/card type system that can eliminate most fraud... Then how do you believe that, given the current demographics and the irrefutable trend, the U.S. will reverse course and backup to something more reasonable? потому что Бог хочет это тот путь
Get out much? -- We're about to elect Trump, who says he will reverse the trends. I have high hopes, ( but not much faith). - And if Trump fails, we'll find somebody who can.
The outlook is not encouraging at all, in part because the GOP talks more about fiscally conservative policy than doing anything about it.
This is a time in which talk is cheap, and rhetoric abounds. Reality has flown and will be back in the autumn
Comments (109 - 163) not displayed.
Top • Page Up • Full Thread • Page Down • Bottom/Latest Several Western European socialist forms of government also has worked to a lesser degree in developing a broad and deep middle class. --- The question is sustainability, here and there.
#69. To: SOSO (#53)
Several Western European socialist forms of government also has worked to a lesser degree in developing a broad and deep middle class.
#70. To: nativist nationalist (#57)
In the exalted USSR we have the example of the Aral Sea, not from groundwater pumping; but the same issues are at work.
#71. To: A Pole (#54)
Did it? How does it compare to the other countries?
#72. To: tpaine (#68)
Yep, and we're the only form that's lasted well over 200 years, as you must admit. - That's sustainability.
#73. To: SOSO (#61)
Here's a thought:
#74. To: tpaine (#73)
I'm an agnostic, --
#75. To: SOSO (#72)
Several Western European socialist forms of government also has worked to a lesser degree in developing a broad and deep middle class. --- The question is sustainability, here and there.
I wouldn't call that sustainability at all, especially since many Americans believe that their children will be the first generation in a long, long time that will not be at least as well of as their parents.
In other words, the Great Experiment has past its prime time and is on the way out with a bullet.
We shouldn't feel too badly about our demise though as there hasn't ever been a single world leading society that has survived or maintained its once great and lofty position - never, ever.
#76. To: Willie Green (#35)
For your information, Russia was communist, not socialist.
#77. To: tomder55 (#40)
wow the street scenes are the same as they are today . same cars (except now they are classic cars ) ,same poverty
#78. To: tpaine (#75)
Yep, and we're the only form that's lasted well over 200 years, as you must admit. - That's sustainability.
#79. To: paraclete (#78)
SOSO --- The question is sustainability, ---
The Roman empire lasted over a thousand years, it wasn't based on capitalism, we have yet to see how long you will last, but remember the British empire was essentially capitalist also but it fought too many wars. You have survive only because you have been more remote from those wars and didn't bear the full impact on your territory,
--- in fact, in the true capitalist sense you profited from those wars.
Today you fight your wars through trade more than you do through military means but that can bring you down too. George Bush thought he could bring democracy to the middle east, what he brought was chaos.
#80. To: CZ82 (#76)
Well it's because all those types of government are for people who want/require adult supervision.
#81. To: tpaine (#75)
Well, imo, they're wrong, if we can get through this latest crisis.
#82. To: paraclete (#77)
Who destroyed Cuba? the revolution or the US who wanted their puppet government back
#83. To: SOSO (#81)
That's a big, big if. Let's see who gets elected in November. Let's see what the REP controlled Senate will actually do about filling the seat on SCOTUS with an Obama candidate.
You do not understand the current demographics of the country and were that is going to be in the very near future. About half of the country U.S. population have no philosophical, intellectual, cultural, or, emotional connection to our Founding Fathers and their vision and/or intent of the principals of the Constitution that they penned, passed and confirmed. And the proportion only increase with time.
Many of these constitutional principles have already gone by the wayside and more are currently pending SCOTUS action with many more to come. --- Sure one can always hope but one needs to understand the realities of the world.
#84. To: tpaine (#83)
I've been dealing with the realities of the world for 79 years, - over 50 as a building contractor.
#85. To: tpaine (#83)
As I noted earlier: --- TooConservative advocated " a reasonable social-welfare state within a capitalist framework".
#86. To: A Pole, TooConservative, paraclete, Willie Green, nativist nationalist, A K A Stone, Pericles, nolu chan, Vicomte13, All (#60)
So exactly which Third World countries are referring during the period from the end of WII and 1965?
#87. To: Willie Green (#35)
For your information, Russia was communist, not socialist.
#88. To: Vicomte13 (#43)
But historically, the great breakthroughs in medicine and physics have been made by state institutions, mostly professors and engineers who work for state- funded institutions, and not the private sector.
#89. To: paraclete (#5)
However the idea that stockholders are entitled to super profits and CEO entitked to extravagant renumeration is what is essentially wrong with the system.
#90. To: SOSO (#85)
The U.S. welfare, nanny state passed that mater a long time ago.
You missed the turn.
#91. To: CZ82 (#76)
Those of us who have traveled around the world and have seen "ALL" those other sorry ass forms of government have a tendency to lump them all together.
you think Scandinavia is so great I suggest you might want to make your last few years on Earth happy ones and move there...
#92. To: tpaine (#75)
Yep, and we're the only form that's lasted well over 200 years, as you must admit.
#93. To: tpaine (#71)
Silly question, seeing there are no other countries with our freedoms.
#94. To: SOSO (#86)
Yo, A Pole, you there? All I hear from you is CRICKETS.
#95. To: A Pole (#91)
Those of us who have traveled around the world and have seen "ALL" those other sorry ass forms of government
#96. To: paraclete (#95)
if you really had a choice would you live where you do?
#97. To: A Pole (#93)
Did it? How does it compare to the other countries?
I would love to see some examples. What freedoms do you have that Italians, or Brazilians, or Irish, or Indians do not?
#98. To: paraclete (#95)
Those of us who have done this have come to know a good thing when we see it. Before you talk about sorry ass forms of government you really should think for a while, if you really had a choice would you live where you do?
#99. To: paraclete (#95)
Those of us who have done this have come to know a good thing when we see it.
#100. To: A K A Stone (#63)
But you are preaching thievery and calling it christian.
#101. To: Vicomte13 (#100)
You are calling God's own economic structure, laid out in Exodus and Leviticus, and repeated in Deuteronomy, "thievery".
#102. To: tpaine (#97)
What freedoms do you have that Italians, or Brazilians, or Irish, or Indians do not?
#103. To: A K A Stone (#101)
Tell me great one what the Bible says about sloths and why you want to give slots money from productive people.
#104. To: A K A Stone (#101)
You are full of it on this like most things. ... You support stealing,,,
#105. To: tpaine, TooConservative (#90)
The U.S. welfare, nanny state passed that mater a long time ago.
#106. To: SOSO (#105)
Then how do you believe that, given the current demographics and the irrefutable trend, the U.S. will reverse course and backup to something more reasonable?
#107. To: SOSO, tpaine (#105)
Then how do you believe that, given the current demographics and the irrefutable trend, the U.S. will reverse course and backup to something more reasonable?
#108. To: TooConservative (#107)
the GOP talks more about fiscally conservative policy than doing anything about it.
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