21 June 2012

Of Flying Cars and the Declining Rate of Profit | David Graeber | The Baffler

Of Flying Cars and the Declining Rate of Profit | David Graeber | The Baffler

How the  bureaucratic  corporate capitalistic system the world is enmeshed in is stifling our creativity and innovation, which is preventing us from coming up with viable solutions to our most pressing problems, e.g. world hunger, the environment, water supply, housing, the debt crisis, etc.  In other words, the main reason why these solutions evade us is simply because there is no profit in it.  Eventually, saner heads will prevail and we will dismantle the existing bureaucratic structures and move toward a more egalitarian distribution of wealth and power.

1 comment:

  1. The declining rate of profits is due to the timely payment of loans or extra charges or penalty has declined.

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