Those who sit atop the resulting pyramids of power all too often use their favored positions for personal gain at expense of those less favored. It w… - David Korten

For those of us who grew up believing that capitalism is the foundation of democracy and market freedom, it has been a rude awakening to realize that under capitalism, democracy is for sale to the highest bidder and the market is centrally planned by global megacorporations larger than most states.

I call this system a “suicide” economy because it is systematically destroys the foundations of its own—and our—existence. Also known as capitalism, it is dedicated to what Pope Francis calls the idolatry or worship of money. The terminally destructive outcomes of the suicide economy are not acts of nature. They are the result of human choices. We can make different choices, but to do so we must understand where we went wrong and why.

This month the Green New Deal was introduced in the U.S. Congress with much fanfare, and its opponents quickly mobilized. Opponents, both on the right and in the middle, immediately attacked the plan as unaffordable far-left socialist overreach, clearly hoping that the socialist label would scare people away. I’m sensing that for most of today’s electorate, the threat posed by wildfires, floods, mass extinctions, rising sea levels, and a shifting polar vortex is far more frightening than simplistic political labels. That’s especially the case for labels like “socialism” and “communism,” which date from a time that for many is ancient history. Our living spaceship is dying by our hand, and there are no escape capsules, and no place to go if there were. So people, especially the young, are mobilizing to act and to demand action from both government and business.., In the United States, the middle class is disappearing as the division between rich and poor becomes ever more extreme. It is now evident to most people that we face a desperate need for deep change. There may be no place in a viable human future for profit-driven global megacorporations.