If not capitalism, what? [intro]

It ain’t over till it’s made over. The old neoliberal order is in severe crisis, and its leaders in a state of uncertainty and even confusion. But those struggling to help a new order to be born are not prepared. Preparedness involves organisation and popular mobilisation around proposals that defend people’s living standards and livelihoods […]

January 3, 2009 · 1 min read

It ain’t over till it’s made over. The old neoliberal order is in severe crisis, and its leaders in a state of uncertainty and even confusion. But those struggling to help a new order to be born are not prepared.

Preparedness involves organisation and popular mobilisation around proposals that defend people’s living standards and livelihoods against attempts to resolve the crisis at their expense. But it is also about grasping a moment when those with power are wobbling on their back foot, and being politically bold and institutionally imaginative enough to build the necessary self-confidence to construct the basis of a new order as we resist.

So, to refresh and sharpen our imaginations, Red Pepper put the question ‘If not capitalism, what?’ to five people who are working for a new society based on values of social and environmental justice: Leo Panitch, whose Renewing Socialism is reprinted this month in updated form, Robin Blackburn, author of Age Shock: How Finance is Failing Us, eco-socialist writers and activists Martin Ryle and Kate Soper, and Michel Bauwens, the director of the Peer to Peer Foundation.



Rethinking ownership is key to solving the climate crisis

Mathew Lawrence writes that we need to overhaul the private, profit-driven ownership models wrecking the climate and the economy

Work less, play more

David Frayne writes that the shorter working week promises more freedom and

A four-day working week is within our grasp

A new report from Autonomy proposes a radical set of policies to boost the economy and improve quality of life by shortening the working week, writes Eleanor Penny


Vampire finance sucks the lifeblood out of the economy

We need democratic control of the financial sector. An interview with Saskia Sassen

How to finance our future

We can harness the power of public finance to bankroll a better future, writes Lavinia Steinfort

Ann Pettifor: If I governed the Bank of England, here’s what I do

The radical economist outlines how she'd overhaul the UK's broken economy.