The kind of capitalism we are seeing today under this…
“The kind of capitalism we are seeing today under this expansion of property into living resources is a whole, new, different phase of capitalism. It is totally inconsistent with democracy as well as with sustainability. What we have is capital working on a global scale, totally uprooted, with accountability nowhere, with responsibility nowhere, and with rights everywhere. This new capital, with absolute freedom and no accountability, is structurally anti-life, anti-freedom.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Modern capitalism has expanded into natural and social resources, creating a system lacking accountability and threatening democracy, sustainability, and freedom.
In simple terms: Capitalism now controls everything without responsibility, harming democracy and the planet.
Demand transparent, accountable economic structures.
Themes
Mood
Type
When to use this quote
- policy reform
- environmental activism
- corporate governance
- public awareness
- academic research
Key Concepts
Questions to Reflect On
- How can we redesign economic systems to protect both people and the planet?
- What role should democratic institutions play in regulating global capital?
It may be argued that market mechanisms can self-correct without strict regulation.