ABSTRACT: This article is a follow-up to The Obsolescence of Capitalism: And the Transition to a Resource Based Economy, which examined the effects of ongoing social and technological trends on the capitalist economic system, and the potential for humanity to restructure society and move from a system of scarcity to one of global abundance. While the previous article presented a long-term vision for transitioning towards an alternative Resource Based Economy of abundance, this article will examine the more immediate conditions affecting society and how, over the coming years and decades, the capitalist market will increasingly be eclipsed, circumvented and overshadowed by an emerging Collaborative Commons.
“In order to prevent a sudden and catastrophic collapse of the capitalist system, a Universal Basic Income (UBI) will be required to stabilize a transitional hybrid economy as it moves towards a Commons.”
Christopher J. Dew, “Post-Capitalism: Rise of the Collaborative Commons“, Medium, 2015 March 19
