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Jean Lievens: Bank of England Governor – Capitalism Doomed Without Ethics

Bank of England governor: capitalism doomed if ethics vanish Mark Carney issues strong critique of City behaviour and warns of growing sense that basic social contract is breaking down Angela Monaghan The Guardian, Tuesday 27 May 2014 Capitalism is at risk of destroying itself unless bankers realise they have an obligation to create a fairer …

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Nafeez Ahmed: Inclusive Capitalism an Empty Public Relations Campaign?

Inclusive Capitalism Initiative is Trojan Horse to quell coming global revolt Henry Jackson Society’s pre-emptive PR offensive seeks to popularise parasitic economic growth for the few Yesterday’s Conference on Inclusive Capitalism co-hosted by the City of London Corporation and EL Rothschild investment firm, brought together the people who control a third of the world’s liquid …

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Berto Jongman: Rise in Global Political Violence Challenges Supply Chains — True Cost of Predatory Capitalism Becomes Visible

Example of true cost: corruption plus public abuse = political violence = cost to predatory capitalism. Rise in global political violence challenges supply chains Supply Management, 7 May 2014 | Will Green Levels of conflict and political violence have increased in 48 countries over the past six months and created “significant challenges to supply chains”, …

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Michel Bauwens: Towards the Democratization of the Means of Monetization – The Three Competing Value Models Present Within Cognitive Capitalism

Towards the Democratization of the Means of Monetization: The Three Competing Value Models Present Within Cognitive Capitalism The Problematic: the value crisis In the 19th century, the counter-hegemonic forces of labour focused on the democratisation of the state as well as focusing on the redistribution of the surplus value created by labour. Both tasks are …

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Jean Lievens: Jeremy Rifkin on Zero Marginal Cost as Anti-Capitalism

The Rise of Anti-Capitalism Jeremy Rifkin New York Times, 15 March 2014 We are beginning to witness a paradox at the heart of capitalism, one that has propelled it to greatness but is now threatening its future: The inherent dynamism of competitive markets is bringing costs so far down that many goods and services are …

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Jean Lievens: Can the Internet Democratize Capitalism?

Can the Internet Democratize Capitalism? Yanis Varoufakis International Policy Digest, February 22, 2014 Technological fixes to time-honoured problems are all the rage these days. Bitcoin is meant to fix money, social media are seen as an antidote to Rupert Murdoch and assorted tyrants, networked robots are to help countries like Japan deal with demographic declines …

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