Immanuel Wallerstein on the end of Capitalism

The sociologist and philosopher Immanuel Wallerstein talks about the end of capitalism, which he says has been happening over the past forty-odd years.

For more of his work, see:

http://www.binghamton.edu/fbc/cmpg.htm

This was filmed in Dolores Park in San Francisco, April 2009.

Produced by David Martinez
www.dmz2008.wordpress.com
www.graffitifilms.com

Category:

News & Politics

Tags:

• Immanuel Wallerstein
• Capitalism
• Radical Economics
• left politics
• anti-capitalism
• anarchism
• world systems analysis
• San Francisco
• philosophy
• philosophers

[blaziermissy]

Capitalism fit well for hundreds of years, but it's stagnating "progress" at this point. Capitalism is de-coupled from science and the scientific method. Economics isn't a true science, for that matter. It's not in alignment with the finite amount of resources for sustainability on this earth. Capitalism promotes mass consumption without any regard to the amount of resources or the most efficient resource used, and promotes growth, even if the growth doesn't produce anything tangible.

[bapyou]

The end of Capitalism? Can't come fast enough for me.

[TheDIGITRONICA]

good!



[Navium]

@Mangina9000

but it doesn't change reality that ALL resources on earth are FINITE..its not the question if..its the question when we will run out.

The word sustainability in context with a multi billion global corporation is absurd..its just a marketing tool.

Global increase in population and the obsession of businesses to streamline a company and maximise the profit...who will employ all the people in the future? The majority will rely on government money or a revolution....

[Mangina9000]

@blaziermissy ... If we can stop energy and resource cartels from controlling the market, resources can be used more efficiently, small businesses and independent forces can rise again to drive growth, with the assistance of strong regulatory bodies and investments from the government (which is SUPPOSED to represent the interests of the people).

[Mangina9000]

@blaziermissy Actually capitalism has been an effective way of moving off of resources and becoming more efficient according to market forces. What has happened in the United States is that we have returns to a monopoly system entrenched in political and capitalism that cannot be easily severed. This is why Norway can make their residents rich from oil while transitioning naturally to alternative energy sources, and how Germany can become the biggest solar developer while expanding coal...

[jradetzky]

both this guy and Slavoj Zizek make a lot of sense

[AnaLimaLuiza]

@440wedge This man has nothing to do with left or Chomsky. I don't like Chomsky either but what this man says makes no sense.

Chomsky either in certain occasions but at least he is a good linguistic.

I believe you are leading a great life and very happy with the status quo.

Man! The vast majority in the world is not.

Under capitalism or socialism.

Claiming that capitalism is the most moral system sounds strange if we consider what is happening...lol

Try Foucault or other thinkers.

[orinocointf2]

@AnaLimaLuiza cant post links for some reason. just type in lol internet, thats pretty shallow meaningless stuff. the first comment is "I like trains"

[AnaLimaLuiza]

@orinocointf2 Could you please forward it to me?

[AGOODAMERICAN]

@redzisan Whatever economic system we use, it must be based on the efficient management of resources, development of technology and apreaciation of huma life. The system must allow for people to pursuit their potential and to be able to grow. Educatiom must also be a priority because it is though education that we can teach people the necessary skills to help society to thrive. Without education, a society becomes stagnant as it doesnt have the intelectual resources to solve its problems.