Peak capitalism is a term used in recent academic literature to describe a situation in which capitalism can no longer survive. The phrase is based on the concept of peak oil and suggests that a capitalist system in a postmodern world can no longer survive, given that the international system depends entirely upon non-renewable resources to reproduce society.
Peak capitalism is a term used in recent academic literature to describe a situation in which capitalism can no longer survive. The phrase is based on the concept of peak oil and suggests that a capitalist system in a postmodern world can no longer survive, given that the international system depends entirely upon non-renewable resources to reproduce society.
Source: Wikipedia "Peak capitalism" · CC BY-SA 4.0
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