The Future of socialism

Published: Nov. 2, 2020, 9:05 a.m.

Capitalism has failed. If we maintain our current capitalist system, we will ensure the collapse of our natural environment and of human civilisation, argues business management professor Paul Adler. Democratic socialism is the solution - with public ownership of our most important recourses. To overcome the current crisis, he says, we need to assert democratic control over the management of both individual enterprises and the entire national economy.