Curbing the Negative Impact of Global Capitalism on Fairness, Community, and the Environment

Global Social Change
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Global Social Change
Mandatory Question: Three Proposals for Crubing the Negative Impact of Global Capitalism on Fairness, Community, and the Environment
Anarchism is a political theory that is overly skeptical of the most pertinent authority in modern society. Anarchists argue that any form of coercive power is not justifiable. As a result, the proponents of this philosophical theory argue that all forms of coercive power should be abolished for the well-being of society (Bray, 2013). As opposed to coercive power/ authority, anarchists propose individual freedom. They further argue that human beings and societies should be freed from domination (Sylvan, 2017). Considering that global capitalism somehow thrives on the hinges of coercive power, anarchism is potentially a solution to the negative impacts of global capitalism.
The Debt Strike proposal involves resisting debts for economic justice (Strike Debt/Occupy Wall Street, 2014). In capitalistic systems, unemployment and cuts on wages/ salaries are common. Consequently, many people are forced to for to debt to afford basic life commodities. Individuals in capitalistic societies must surrender their valuable items such as land to the bank as surety. The opponents of debt strike consider this phenomenon as selling our future to the bank. Evidence has revealed that debt is the major power source in a capitalistic system (Appel, 2015). The wealthy use debts to enrich themselves. The majority of the people, on the other hand, are left isolated and ashamed. The goal of the debt strike movement is to resist this debt system and advocate for better and more feasible alternatives (Hampton, 2015).
Degrowth is yet another popular political ideology that proposes solutions for the problems caused by global capitalism. The degrowth concept argues that the global capitalistic system pursues growth at all costs (Demaria et al., 2013). The costs of this growth are largely negative and include human exploitation and the destruction of the environment. The degrowth movement seeks a different approach. Instead of focusing on selfish growth, societies should focus on the kind of growth that prioritizes human dignity and promotes social/ ecological well-being (Kallis et al., 2018). With this approach, the negative consequences of global capitalism, such as environmental destruction, will be eliminated (Kallis, 2011).
The approach that I believe is the most suited to address the negative impact that global capitalism has had on fairness, community, and the environment is the degrowth concept. There are several reasons why I believe that this is the best-suited approach. First, the degrowth movement focuses on solving the problems caused by capitalism. The movement is not concerned with destroying the gains of capitalism. Instead, it is focused on dealing with the negative aspects that have been brought about by global capitalism. These problems include unfairness, community degradation, and the destruction of the environment. The movement aims to deal with these issues by providing better approaches to growth (Kallis, 2018). The second reason the concept of degrowth is the best s...