How to fix capitalism
Many people say that capitalism is bad. But what is capitalism? Why is it problematic? And can capitalism's inherent problems be solved?
Join us for an exclusive webinar with McMillan, a pseudonym for an anonymous banker and Jürg Müller, director of a large think tank in Switzerland. They present their 2024 book Capitalism and the Market Economy with a brilliant and radical plan to fix capitalism.
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What is capitalism?
Capitalism is often defined as the economic system of the last 300 years characterized by (i) free markets and (ii) private ownership of the means of production. But according to McMillan, this definition is flawed.
Markets have existed for thousands of years; it is not something new in the last 300 years. And privately owned means of production have also existed since humans started farming.
So, what is capitalism? What is the new thing that emerged some 300 years ago that characterizes capitalism? The answer is corporations. Capitalism meant that the capital (the means of production) moved from individual ownership by farmers, craftsmen, shippers, etc. to collective ownership via large corporations.
Historic opportunity
Central bankers, academics, monetary reformers, and policymakers around the world are currently discussing the problems and risks of the current monetary system and exploring new approaches to creating money. Citizens have a historic opportunity to influence and ensure that money creation is organised in a fair and sustainable way. That's why we are organizing courses and seminars on the subject. Sign up and feel free to invite friends and acquaintances.
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Never doubt that a small group of caring, committed citizens can change the world. In fact, it is the only thing that ever has.
Margaret Mead
When? Where? How?
Organizers
International Movement for Monetary Reform (IMMR) consists of non-profit organizations that focus on the critical issue of our time - the creation and disappearance of money and its consequences for the development of society and our lives.
We are non-partisan and act only for this issue. Our vision is that the money system should be fair, sustainable and democratic and used for the benefit of society as a whole.
© International Movement for Monetary Reform