Excerpt from my Forthcoming Book “Monumental Shift”
Monumental Shift: Creating a New Economy with Genuine Democracy, Introduction,Page: Xii-Xiii
Years ago, chiefs and kings ruled over people. Then came the dictators and despots. Democracy finally evolved in Europe and America, followed by other countries of the world as they gained their independence from imperialist powers. Around the early 20th century, communism emerged in Russia, then subsequently in China. Of course, as a system of economic development, capitalism was already getting stronger in the Western nations led by the United States in last 200 years. We saw around the late 20th century the demise of communism as it was not good for the people and could not survive. It is through this book that I will attempt to encourage the reader to see what capitalism truly is and why it must also go. In later chapters, I have tried to describe the planetary devastation the global multinationals have caused and are still causing to ecosystems and forests in the vast corners of the world. I have tried to point out the mass poverty and inequality that capitalism and its arm called globalization is responsible for around the world.
After all, what is the purpose of a society? What is the goal of a country, especially a genuinely democratic one? Isn’t it to look after all its people and their welfare rather than a select few?
How can a civilized, genuinely democratic country allow millions of its people wallow in poverty while a few of its oligarchs get richer and richer day by day? How can any sensible and decent country allow that to happen? Well, it is happening right now in the United States.
Unless those of us who are aware and compassionate stop this “March of Folly”, this “Capitalism’s Crusade” as soon as possible, the consequences for this country and the world will be dire. We see every day, increasing evidence that capitalism which was once the basis for an unprecedented wave of creativity and liberation, has transformed itself into a force for decay, destruction, and death.
Capitalism, by exploiting resources of this planet and its people, has created vast oceans of poverty with a few islands of enormous wealth. More than a billion people live below two dollars a day and hundreds of millions more survive with a dollar a day while the Forbes List continues to proudly publish its list of billionaires every year.
The greatest threat to the survival of humanity and other innocent creatures of our planet today is climate change. Through continuous exploitation of the Earth’s resources, global capitalism is the main vehicle through which our Earth is continuously being exploited. Capitalism’s dogma of ceaseless growth foolishly measured through GDPs persists despite the Earth’s devastation beyond its capacity to bear. Unless we realize that this planet has finite resources and that continuous, out of control growth through exploiting these finite resources is not only unsustainable but impossible and catastrophic, humanity and the Earth itself are all doomed.
Capitalism is on a collision course with the wellbeing of Mother Earth. This planet is warming due to atmospheric carbon emissions. The greatest emitter of this carbon is uncontrolled production and trade of commodities encouraged, sustained, and perpetrated by global capitalism. Unless the world learns to live within its earthly means, unless we humans live within a sustainable growth structure, catastrophe for our planet is surely guaranteed. If humanity survives, we will leave a horribly polluted, destroyed, and hot burning planet to our children. Is this what we desire? Can we depend on our myopic and foolish politicians who only look forward to the next election and the next few years while our planet is hurtling towards a catastrophe created by out of control growth perpetrated by our economic system?