ENTER YOUR EMAIL ADDRESS AND DOWNLOAD THE MANIFESTO

QUOTES ON THE NEED TO TRANSFORM CAPITALISM FROM ITS CURRENT FORM

“The world economy is a pyramid scheme. The world needs a new model of how to generate a rising standard of living that’s not dependent on a pyramid scheme.”
– Steven Chu, Nobel Prize winner and the Secretary of Energy under Obama

“I believe that all good things taken to an extreme can be self-destructive and that everything must evolve or die. This is now true for capitalism”
– Ray Dalio, Chairman and Founder, Bridgewater Associates

“The capitalist beast is out of control. I have a very low opinion of capitalism in 2019. We have reached a low point. The greatest manifestation of that is the massive emphasis on maximizing short-term profits, which is simply bad business. It is incredibly bad for society, and it’s not good for long-term growth rates. It tends to give you better short-term profit margins and lower economic growth. For capitalism to work, you need there to be some sense of social contract – social discipline, if you will.”
– Jeremy Grantham, globally respected economist

“We should no longer measure our wealth and success in the graph that shows economic growth, but in the curve that shows the emissions of greenhouse gases. We should no longer only ask: “Have we got enough money to go through with this?” but also: “Have we got enough of the carbon budget to spare to go through with this?” That should and must become the centre of our new currency.”
– Greta Thunberg, 16 year old Swedish girl who is a climate change activist and a nominee for the Nobel Peace Prize

“Although I have made a fortune in the financial markets, I now fear that the untrammeled intensification of laissez-faire capitalism and the spread of market values into all areas of life is endangering our open and democratic society. The main enemy of the open society, I believe, is no longer the communist but the capitalist threat.”
– George Soros, legendary investor

“Economic powers continue to justify the current global system where priority is given to speculation and the pursuit of financial gain. As a result, whatever is fragile, like the environment, is defenseless before the deified market.”
– Pope Francis

“Capitalism, in that situation, is not like ours now,” said Järvensivu. “Economic activity is driven by meaning — maintaining equal possibilities for the good life while lowering emissions dramatically — rather than profit, and the meaning is politically, collectively constructed. Well, I think this is the best conceivable case in terms of modern state and market institutions. It can’t happen without considerable reframing of economic-political thinking, however.”
– Dr. Paavo Järvensivu, Finnish biophysical economist

“Capitalism does not permit an even flow of economic resources. With this system, a privileged few are rich beyond conscience, almost all others are doomed to be poor. Since we know the system will not change the rules, we are going to have to change the system.”
– Martin Luther King

“Our economic system and our planetary system are now at war. Or, more accurately, our economy is at war with many forms of life on earth, including human life. What the climate needs to avoid collapse is a contraction in humanity’s use of resources; what our economic model demands to avoid collapse is unfettered expansion. Only one of these sets of rules can be changed, and it’s not the laws of nature.”
– Naomi Klein, author “This Changes Everything: Capitalism vs. The Climate”

“Sink costs are also rising; economies have used up the capacity of planetary ecosystems to handle the waste generated by energy and material use. Climate change is the most pronounced sink cost,” the paper states.
– BIOS Research Unit in Finland