RIP capitalism

Capitalism is dead. RIP capitalism!

It’s not often I recommend viewing an entire programme on economics, but this latest edition of the Keiser Report is worth watching.

That’s both because it’s entertaining in its own right, but also because it covers the madness that is the world on which we depend for our livelihoods, our wellbeing and our ambitions for the future.

So debased have the rules of the capitalist game become that here we are introduced to the democratisation of cheating (if the bankers can cheat, why can’t I?), and the administration of capitalism without capital.

For the uninitiated, the first half of the show is the lighter, more comedic section. But it’s worth getting to the second half with Simon Rose, of Save Our Savers, which covers the utter unfairness of economic policy practised in the UK and US.

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peterbatt

Peter a journalist with 30 years experience of freelance writing, UK national newspaper and magazine production roles, and business development. In 2007, he developed and launched a mainstream-style green consumer magazine in the UK, called GreenerLiving, as a means of promoting sustainable change ‘within the system’. GreenerLiving closed during the post-crash recession, but Peter went on to become managing editor of the international ethical business title, Ethical Performance. However, Peter felt that the CSR sector has not succeeded in changing corporate priorities anywhere near fast enough, and so I decided to leave the treadmill of corporate employment and debt accumulation to focus on my own projects. Now poorer but a billion million times happier, he writes on political, economic and social issues – usually seriously, but sometimes as satire. He's currently writing Psychopath Economics, a book about the logic of social and economic power, belief systems, and the rise and fall of societies. Peter is convinced that ordinary people must educate themselves and exercise their economic leverage if we are to avoid social and environmental destruction.

peterbatt has 163 posts and counting.See all posts by peterbatt

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