"Whether capitalism can be compatible with a beyond-growth wellbeing economy is as yet unclear. What is called for is a shift away from the commodification of everything and to a market system not based on profit maximisation but the ecological efficiency of the equitable satisfaction of wellbeing-needs. Whether the entities we call ‘companies’ will morph to be compatible with such a paradigm or new enterprises, more like co-operatives, family, employee and community owned enterprise will be the norm in this new paradigm is also not yet clear. But what is clear is that we can’t go on in the same blind fashion we are currently pursuing." (Source: Energy Bulletin)
Jules Peck of the New Economics Foundation asks some interesting questions in this article republished on the Energy Bulletin.
