The consequences of capitalism and a new approach forward.

What is capitalism?
Capitalism is the political and economic system that is controlled by private ownership – dictating shipping, manufacturing and distribution – to gain profits and divorce control from the state. The main principles of capitalism include capital accumulation, private control of operations, competition, voluntary exchange, wage labour and property rights recognition. The race for larger distribution of goods has led companies to flatten the global environment by extracting natural resources at completely unsustainable rates. Over the past decade it has become clear to leading scientists, journalists and economists, that in order to halt climate change, we must change our relationship to work, capital and ownership.

The dark side of electric cars – part two:

The rise of electric cars:
Tesla Motors founded back in 2003, was another start-up aiming to rid the world of petroleum-powered vehicles. It released the ‘Roadster’ in 2008 with a range of 394 kilometres (245 miles) and was supposedly the first completely electric vehicle. Many were sceptical that the company would survive, even the CEO himself. Elon Musk said the company at one stage was a month away from bankruptcy.
Fast forward to today, Tesla is worth over $1 trillion and is ranked one of the most valuable car companies in history. Besides Tesla, the electric car market has boomed over recent years.