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Koenraad Priels
Social Sciences VUB Belgium

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Project Free-B: how investigating the socio-economic metabolism of rentier capitalism holds the key to sustainable socio-ecological wellbeing Koenraad Priels
Journal of Critical Realism in Socio-Economics (JOCRISE) Vol. 3 No. 01 (2024): KNOWLEDGE AND CRITICAL REALISM
Publisher : Universitas Darussalam Gontor Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/jocrise.v3i01.74

Abstract

The purpose of this paper, is to demonstrate how capitalism as a system, is not required for the real economy but in fact, constitutes a parasitic superstructure that is causing socio-ecological necrosis. Consequently, credible systemic solutions to our global social and ecological crises should integrate sound awareness of pathological structures that are detrimental to a healthy socio-economic metabolism. As critical realism results in ethical imperatives from these findings, prosocial orthosociology presents systemic solutions. Project Free-B offers the possibility for a global interest-free financial system, beyond the need for the BIS-central banking system. The current global interest-banking system under BIS-regulation should be abolished as an institutionalised criminal system. On scrutiny, it proves to be socio-ecologically destructive by design and hence, constitutes a systemic violation of human rights.
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