YES! – We need to have an egalitarian economy, not one with winners & losers.
72% (26 votes)
NO! – We just need proper regulations restricting predatory capital.
28% (10 votes)
Total votes: 36

Comments

DonaldFG 2 years 36 weeks ago

If well regulated, capitalism can work. But as economist Richard Wolff has said, corporate big business will just resume their campaign to turn back regulation again as they always do. That being true, the regulation needs to be in stone!

Since we probably won't have regulation in stone, we need some other economic system.

skepticalscott 2 years 36 weeks ago

You are spot on, Donald! Richard Wolff http://www.rdwolff.com/ is a great resource for understanding our Economic Crisis! I've watched a lot of his YouTube videos, Especially his lecture on "Capitalism Hits The Fan" http://www.youtube.com/watch?v=n30zO0ABFqc&feature=related

SalmonNationWoman's picture
SalmonNationWoman 2 years 36 weeks ago

There's the "if only" again! If only capitalism were we'll regulated, then it would work. Well, IT WAS well regulated for decades and look where it gotten us. Accelerating unfettered destruction of the planet's resources and atmosphere. Violations of human rights so numerous even in our own country that we may never undo them while fear-mongering lamestream media instills suspicion and hatred at an unprecedented pace. Concentrated Animal Farming Operations (CAFO's) abusing livestock, spewing out toxic waste and superbugs faster than we can comprehend, let alone combat, all in the name of "cheap food" to fuel our mindless gluttony and make more obscene profits for the greedy.

We are long overdue for an egalitarian system that focuses wise and sustainable use of resources while intelligently curbing population growth through the best quality education for all.

humanitys team's picture
humanitys team 2 years 36 weeks ago

On our planet we have rejected out-of-hand any system which does not allow for the advancement of one being at the expense of another.

If a system of government or economics requires an attempt at equitable distribution,to all,of the benefits created by all with the resources belonging to all ,we have said that that system of government violates the natural order.Yet in highly evolved cultures,the natural order is equitable sharing.

Beingness is the only way the world can work ,who we are being in relation to each other and the speciesystem ,lets find a way to balance the needs of the speciesystem rather than serve the interests of the rich and powerful because no species within the system can survive if the system itself is destroyed.

Is this not obvious? remember the common good is life.

namaste

telliottmbamsc's picture
telliottmbamsc 2 years 36 weeks ago

A distribution of wealth and income that resembles a standard normal distribution - where everybody is freely moving throughout the distribution over time - would be more ideal than the mess we have now.

Add comment

Login or register to post comments

Restoration

The biggest mass extinction in the history of the world was caused by carbon dioxide. That’s the conclusion of a shocking new study published last week in Science Magazine.

According to that study - the Permian Mass Extinction - which occurred 252 million years ago - started when a group of volcanoes erupted in Siberia - sending tons upon tons of CO2 into the atmosphere.

From The Thom Hartmann Reader:
"Thom Hartmann is a literary descendent of Ben Franklin and Tom Paine. His unflinching observations and deep passion inspire us to explore contemporary culture, politics, and economics; challenge us to face the facts of the societies we are creating; and empower us to demand a better world for our children and grandchildren."
John Perkins, author of the New York Times bestselling book Confessions of an Economic Hit Man
From The Thom Hartmann Reader:
"Never one to shy away from the truth, Thom Hartmann’s collected works are inspiring, wise, and compelling. His work lights the way to a better America."
Van Jones, cofounder of RebuildTheDream.com and author of The Green Collar Economy
From Screwed:
"Once again, Thom Hartmann hits the bull’s eye with a much needed exposé of the so-called ‘free market.’ Anyone concerned about the future of our nation needs to read Screwed now."
Michael Toms, Founding President, New Dimensions World Broadcasting Network and author of A Time For Choices: Deep Dialogues for Deep Democracy