Can We Save Capitalism? Or Should We Save the World?
By Lavinia — Socialist Aotearoa Capitalism has a problem. This is rather universally believed, with the main dispute being what that problem is. For many capitalists, the problem is an image problem or perhaps a more substantial problem to do with endless restructuring & staff reductions, outsourcing, commoditisation, price competition driving down wages, declining innovation and slow profit growth. Others think capitalism is under siege – with social problems de-legitimising business i.e. businesses have lost their ‘social contract to operate’…