Capitalism's existential crisis
Course cancelled
Capitalism’s is facing an existential challenge – Chrystia Freeland
2016 is when Oxfam predicts the collective wealth of the “1%” will finally eclipse that of everyone else. Letting inequality prevail will inevitably generate massive social & political destabilization, & that everybody (the 1% included) has a strong interest in avoiding that.
Getting this story out is critical to changing politics. We need a recipe to avoid disaster.
The true problem is to create the conditions for his measures to be actualized.
This 2-part course looks at capitalism’s challenge in 2016, & at the green shoots 2 years after Piketty.
Moderator: Pat Simke
Dates and Time: Tuesdays, February 23 and March 15 2-4 PM
Location: OISE, 252 Bloor Street West, Room TBD
Maximum Size of Class: 25
Enrolment: Course cancelled
2016 is when Oxfam predicts the collective wealth of the “1%” will finally eclipse that of everyone else. Letting inequality prevail will inevitably generate massive social & political destabilization, & that everybody (the 1% included) has a strong interest in avoiding that.
- The financial markets are signaling deep unease, not least at the world they themselves helped build.
- Prosperity, peace, co-existence & recognition of mutual interdependencies are too easily taken for granted.
Getting this story out is critical to changing politics. We need a recipe to avoid disaster.
- If you imagine a world organized in which the measures proposed by Thomas Piketty in his best-seller ‘Capital in the 21st Century’ can be enacted, then you can see how the problem will be solved.
- It would require a total political reorganization, with global power that can effectively control capital – this would produce victory.
The true problem is to create the conditions for his measures to be actualized.
This 2-part course looks at capitalism’s challenge in 2016, & at the green shoots 2 years after Piketty.
Moderator: Pat Simke
Dates and Time: Tuesdays, February 23 and March 15 2-4 PM
Location: OISE, 252 Bloor Street West, Room TBD
Maximum Size of Class: 25
Enrolment: Course cancelled