It seems we have reached a point in our evolution when we need to recalibrate ourselves and the world surrounding us, because we are acting like chimpanzees in heat.
We let ourselves be abused by politicians we don't trust, we allow the very same politicians and corporations to own the tools we set in place to keep them accountable, we participate in bullying, stealing, and manipulating other nations for resources, under the veil of "liberation", we spend enormous amounts of resources on wars against imaginary villains, we forgot that education and science are vital for our future; and we forgot we need our planet to keep on living.
Now, we are demanding to finally have the conversation we were all supposed to have back in 2008.
Everything we'd been told for the last decade turned out to be a lie. Markets did not run themselves, creators of financial instruments were not infallible geniuses, and debts did not really need to be repaid – in fact, money itself was revealed to be a political instrument –trillions of dollars of which could be whisked in or out of existence overnight if governments or central banks required it. Even the Economist was running headlines like "Capitalism: Was it a Good Idea?".
In 2008 it seemed the time had come to rethink everything: the very nature of markets, money, debt, society, resources; to ask what an "economy" is actually for. Then, in one of the most colossal failures of nerve in history, we all collectively clapped our hands over our ears and tried to put things back as close as possible to the way they'd been before.
Perhaps it's not surprising. It's becoming increasingly obvious that the real priority of those running the world for the last few decades has not been creating a viable form of capitalism, but rather, convincing us all that the current form of capitalism is the only conceivable economic system, so its flaws are irrelevant. As a result, we're all sitting around dumbfounded as the whole apparatus falls apart.
When the history is finally written, though, it's likely all of this tumult – beginning with the Arab Spring – will be remembered as the opening salvo in a wave of negotiations over the dissolution of capitalism in favor of something better. Don't worry, we've done this before, and we can do it again. And this is a place to think about it all.