"Socialism and Communism have failed, but now Capitalism is failing us."
Jo M. Sekimonyo is a theorist, human rights activist, political economist, and social philosopher. He is a Congolese born, American fermented and globally bottled Merchant of Ideas.He has been a strong critic of mainstream economists stating that, "these clown shows that chip away the substance of economic disparity dialogues".
On the Labor Theory of Value, Sekimonyo argues that in the twenty-first century, instead of the average number of labor hours, the quality of the means necessary in an enterprise to produce a commodity or provide a service establishes relative prices. Much of his writing has been concerned with "economic injustice, poverty, and egalitarianism".
His work has been translated into over ten languages.
Sekimonyo argues that the ability of individuals to understand the world and creatively respond to challenges that confront humanity is key to alleviate poverty. He facilitates several workshops and seminars every year throughout the developing world geared towards stimulating debates around global social issues and mainstream economic theories.
His more recent work deals with an alternative to capitalism; ethosism.