2016/05/12

Jim Casey: Thanks Daily Telegraph, I welcome a debate about the overthrow of capitalism

Jim Casey writes “Thanks Daily Telegraph, I welcome a debate about the overthrow of capitalism”.

As a union leader used to speaking shorthand to comrades, I framed capitalism as an idea that could be overthrown. On reflection, it is something that is more likely to collapse under its own weight — we cannot adhere to a belief that is so obviously unable to make the transition into the future that awaits many of us and all of our children.

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This is a dangerous attitude to have—the collapse of Capitalism would be catastrophic. There would be mass starvation, mass migrations, genocide, reversion to a much more primitive economic system that Socialists called Barbarism.

We cannot simply wait for Capitalism to collapse. We must prepare an alternative economic and associated political system in order to save humanity from disaster.

This is not about a gotcha moment for Rupert Murdoch, it’s about having a national conversation about the kind of economic system we think will work in the challenging times ahead.

Economic policy is developed by communities and national conversations, not individuals or the most powerful elites.

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Casey is being too bland here. Yes, we need a discussion, but about a new economic and political system.

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