The recent financial crisis has been described as the most serious global financial crisis since the Great Depression. Many causes have been proposed for this crisis but what are the long-term solutions? This chapter consists of three parts. The first part is a general presentation of the nature of the present crisis, and how we can possibly/realistically expect a renewed period of growth. The second part explains the role of peer to peer (P2P) dynamics in this re-orientation of our political economy, while the third part explains its political implications, and the possibilities for a phase transition towards a post-capitalist society, centered around peer production.