The Postcapitalist Manifesto
A unique time in history
For the first time in 500 years, we could actually change the capitalist system. I mean replace it, not just revise it. I mean get rid of capitalism and create something new. And it is all happening because of the digital revolution.
Virtually everyone on the cutting edge of social change has dreamt of this time. This is our moment to fix the systemic injustices, exploitations, violence, and hierarchy that plague society. Whether your focus is racial injustice, labor equity, sexual identity, poverty, climate change, feminism, sustainable land use, or indigenous culture, the dream has been to change the system. Well, “the system” is called capitalism, and we stand on the threshold of a dramatic, historic transformation.
The driving force in this change is surprising. It is not socialism or communism. It is not religion and its moral concerns. It is not even our global political structures. Rather, this once-a-millennium opportunity is being driven by capitalism itself and its relentless pursuit of digitalization. As I will show, the pursuit of digitalization will cause markets to malfunction, labor to become valueless, and investment to become meaningless. The logic of capitalism will stop working. This has never occurred before, and because of it, we have the opportunity to shape the future as no…
