The Power And Potential Of Democratic Public Ownership

In most cases, it would be absurd to think that the same approach that created a problem would also be the one best suited to solve it. Yet this is exactly what we are expected to believe regarding the existential ecological threats our world now faces. As predicted by many since its inception, capitalism and its core interconnected tenants — private ownership of the means of production, market allocation, and exponential economic growth — have brought us to the precipice of both environmental and social disaster. Yet, year after year we continue to be told that capitalism will save us. Just a few more dashes of regulation here, some different market incentives there, and the turning point is right around the corner. All the while, temperatures climb, species disappear, the air is choked with smog, waters rise, forests burn, and storms rage.

The post The Power And Potential Of Democratic Public Ownership appeared first on PopularResistance.Org.

This post was originally published on PopularResistance.Org.