In two new episodes of the German-language podcast Wohlstand für Alle, hosts Wolfgang M. Schmitt and Ole Nymoen discuss Aaron Benanav’s essay Beyond Capitalism about the theoretical foundations of his proposal for a multi-criterial socialist economy.
You can listen to the first episode here and the second episode here.
You can read Aaron Benanav’s two papers, Digital Socialism, outlining his proposal for a multi-criterial socialist economy here and here.
The translated summary can be found below:
Capitalism, especially western capitalism, is in a deep crisis. Economic stimulus programs can no longer stimulate significant economic growth. But what comes after capitalism?
This is the question posed by economic historian Aaron Benanav in the New Left Review. In 120 pages, he outlines an economic model based on multiple criteria, meaning that gross domestic product would no longer be the decisive indicator, but rather other standards (social, ecological, quality of life, etc.) would become decisive.
Benanav combines unorthodox Marxist and Keynesian positions and focuses on investments that are decided democratically. In [these two episodes], Ole Nymoen and Wolfgang M. Schmitt discuss the first part of Benanav’s essay “Beyond Capitalism.”