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Reframing Capitalism for sustainability

By: Tekena Fubara
Narrated by: Simon Alison
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Publisher's Summary

Capitalism needs to transform, as its engine's real purpose - business - to solve society's problems and not profit from causing problems to the community. Everyone needs to feel a sense of justified belief in the capitalist system that offers an equitable share in the benefits. We need to move away from the new rentier capitalism into which we are gradually drifting into. The broader ramifications and implications of which are degraded democracies, a more minor middle-class, impact to social mobility, weakened aggregate demand, slower economic growth, and a penultimate challenge to globalisation and capitalism in itself. We would, therefore, review some of the fundamental neoclassical principles of economics that need to change, as well as how to better incorporate sustainability principles to create a more fairer world.

©2021 Tekena Fubara (P)2021 Tekena Fubara

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In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.