Alex Knight, a writer, teacher and social activist based in Philadelphia, recently asked me to republish the first two parts of an interview he did with Michael Carriere regarding his construct of what he calls The End of Capitalism. While it is not my desire to re-publish other works of original content by writers other than myself, I made an exception in this case as Alex Knight’s writings on the subject are not only articulate, concise and well-constructed, they are also of grave concern to me (and hopefully everyone) as the Imperialist and exploitative system of Capitalism/Corporatism has been plundering the natural and human resources of the earth for far too long. Mr. Knight’s words are needed more than ever right now, and so is our call to action to stand up to the moneyed interests that control our democratic process and alienate us from our own interests and each other. I re-published the first part of Alex’s interview on my other site, The Pigeon Post, which you can find here. So here is part two (a) of Alex Knight on The End of Capitalism:
The following exchange between Michael Carriere and Alex Knight occurred via email, July 2010. Alex Knight was questioned about the End of Capitalism Theory, which states that the global capitalist system is breaking down due to ecological and social limits to growth and that a paradigm shift toward a non-capitalist future is underway. This is the second part of a four-part interview.
Part 2A. Capitalism and Ecological Limits
MC: Capitalism has faced many moments of crisis over time. Is there something different about the present crisis? What makes the end of capitalism a possibility now?
AK: This is such an important question, and it’s vital to think and talk about the crisis in this way, with a view toward history. It’s not immediately obvious why this crisis began and why, two years later, it’s not getting better. Making sense of this is challenging. Especially since knowledge of economics has become so enclosed within academic and professional channels where it’s off-limits to the majority of the population. Even progressive intellectuals, who aim to translate and explain the crisis to regular folks, too often fall into the trap of accepting elite explanations as the starting point and then injecting their politics around the edges. This is why there is such an abundance of essays and videos analyzing “credit default swaps”, “collateralized debt obligations,” etc., as if this crisis is about nothing more than greedy speculators overstepping their bounds. continue reading…