Capitalism has generated massive wealth for some, but it’s devastated the planet and has failed to improve human well-being at scale.Personally, I would not be impressed with the article, it's advocacy for a sort of techno-utopian viewpoint common among Silicon Valley types who have their hand in your pockets, but I do not expect to see this in Forbes magazine.
- Capitalism has generated massive wealth for some, but it’s devastated the planet and has failed to improve human well-being at scale.
- Species are going extinct at a rate 1,000 times faster than that of the natural rate over the previous 65 million years (see Center for Health and the Global Environment at Harvard Medical School).
- Since 2000, 6 million hectares of primary forest have been lost each year. That’s 14,826,322 acres, or just less than the entire state of West Virginia (see the 2010 assessment by the Food and Agricultural Organization of the UN).
- Even in the U.S., 15% of the population lives below the poverty line. For children under the age of 18, that number increases to 20% (see U.S. Census).
- The world’s population is expected to reach 10 billion by 2050 (see United Nations' projections).
Corporate capitalism is committed to the relentless pursuit of growth, even if it ravages the planet and threatens human health.
We need to build a new system: one that will balance economic growth with sustainability and human flourishing.
It's significance is that it appears to indicate a shift in the Overton Window.