Journal Article

The future of capitalism: a consideration of alternatives

Wendy Harcourt

in Cambridge Journal of Economics

Published on behalf of Cambridge Political Economy Society

Volume 38, issue 6, pages 1307-1328
Published in print November 2014 | ISSN: 0309-166X
Published online September 2013 | e-ISSN: 1464-3545 | DOI:
The future of capitalism: a consideration of alternatives

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  • Environmental Economics
  • Capitalist Systems


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The article reviews three entry points into a discussion of alternatives to today’s neoliberal capitalism. The first examines the need for a green new deal from mostly UK-based think tanks positioning the household as central to the economy, posing new core values for the economy that respect the environment, the social economy as well as the possibilities offered by Web-based technologies for new economic and political community relations. The second entry point is a review of feminists’ search for alternatives to mainstream economics and global development processes with calls for a transition to place-based socio-economic practices built on the ethics of care, gender justice, the centrality of social reproduction and community livelihoods. The last section examines the alternatives to global development and neoliberal capitalism emerging from Latin America examining Buen Vivir, intercultural pluriversal political and economic practices and lessons from Latin American indigenous women and decolonial feminist movements.

Keywords: Political economy; Sustainable development; Gender; Alternatives; care; Q56; P16

Journal Article.  11627 words. 

Subjects: Environmental Economics ; Capitalist Systems

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