Category — capitalism
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The failure of capitalism as an economic system is becoming obvious, write leading European eco-socialists Saral Sarkar and Bruno Kern. Mass unemployment is becoming commonplace in almost all countries, and where the economy is growing, mostly it is jobless growth. Welfare states are being dismantled , and almost everywhere one hears of crises of one or the other kind. In large parts of the world abject poverty prevails, and even establishment economists are at a loss. These two authors outline the core of their analysis and vision of eco-socialism.
February 7, 2010 2 Comments