by Emily Kawano and Julie Matthaei
Originally published on Nonprofit Quarterly
The COVID-19 pandemic has upended our world. It has laid bare the inequity, the limits, and the failures of capitalism. The door to a better future beyond capitalism, already cracked open by the Great Recession, has been pushed open a little wider.
Things that seemed impossible a few months ago now seem both possible and necessary. This historic moment calls for us to push hard and through that door to build a world that centers people and planet. To do so, we need to be clear about what we’re trying to leave behind (capitalism) to have greater clarity about what it is that we’re moving towards (post-capitalism and solidarity economy).
Alternatives to capitalism are gaining adherents. Indeed, a recent Gallup poll found 43 percent of the respondents expressing support for socialism propelled by the candidacy of Bernie Sanders and his platform of democratic socialism.
And yet, there is a great deal of confusion about both what socialism and capitalism mean. Here we look at different systems or models of socialism, capitalism, and solidarity economy.
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