ITC debate on capitalism

See this FB IPS thread for the discussion. Also see Jeremy's report here. My response:

Interesting that the conscious capitalist Michael used Rifkin as a source for the increasing empathic embrace. But he did not use his latest work on how the Commons is 1) already well underway and 2) will eventually replace capitalism as the dominant socio-economic system. Rifkin himself agrees with Michael that capitalism was a good and necessary stage in its time. But that time is passing, and Rifkin has done his homework on the next wave.

So yes, it is important to do the work of conscious capitalism to improve corporations. But it is also necessary to not only envision what's next but to recognize that it's already here and support it. Kind of like I'll work with Sanders to improve our current democratic system by properly regulating corporations, but also work on implementing the Commons in my life and in the broader social context. I think most of us can walk and chew gum at the same time.

But to make conscious capitalism out to be the only solution, or to claim it is the integral next wave, is erroneous and counterproductive. And quite frankly, lacking in vision.