The End of Capitalism?: Interview of Alex Knight

Part 1. Crisis and Opportunity

by Michael Carriere / July 29th, 2010 (0)

Alex Knight is a proponent of the End of Capitalism Theory, which states that the global capitalist system is breaking down due to ecological and social limits to growth and that a paradigm shift toward a non-capitalist future is underway. Since 2007 he has edited the website endofcapitalism.com. He has a degree in electrical engineering and a Master’s in political science, both from Lehigh University. He lives in Philadelphia, where he is a teacher and organizer.

The following exchange between Michael Carriere and Alex Knight occurred via email, July 2010. Alex Knight was questioned about the End of Capitalism Theory, which …

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When people hear the word fascism, they usually think of Nazi Germany or Mussolini’s Italy, where successful fascist movements seized state power and implemented totalitarian control of society. Yet fascism was an international phenomenon during the Depression, and the United States was not immune to its reach. General Smedley Butler, the most decorated Marine in US history, testified before the Senate that wealthy industrialists had approached him as part of a “Business Plot” and tried to convince him to march an army of 500,000 veterans on Washington, DC to install a fascist dictatorship.

Today we are approaching a similar crossroads. When I hear the story of the Business Plot I think about the Tea Party, which has sprung from a base of white supremacist anger, facilitated by right-wing elements of the corporate structure like Fox News. This is an extremely dangerous phenomenon. The tea-partyers have moved from questioning Obama’s citizenship, to now trying to reverse the gains of the Civil Rights Movement, such as the ability of everyone, regardless of color, to enjoy public accommodations like restaurants.