When the sys­tem col­lapses: A post-cap­i­tal­ist cap­i­tal­ism?

AQ: Australian Quarterly - - REFERENCES - STEVE KEEN

The best days of Cap­i­tal­ism are be­hind it. En­vi­ron­men­tal de­cline, eco­nomic un­cer­tainty, grow­ing global inequal­ity – an ar­ray of po­ten­tial crises are re­veal­ing the cracks in the sys­tem. Main­stream fi­nan­cial in­sti­tu­tions are now trum­pet­ing warn­ings that non-ortho­dox econ­o­mists have been declar­ing for years. From the ac­tiv­i­ties of the bank­ing sys­tems, to record debt lev­els, to the sys­tem’s in­flex­i­bil­ity in the face of an au­to­mated fu­ture – What are the threads that led us to this sit­u­a­tion and what can we do about it?

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