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.
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.
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.
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.
"If you wonder why and when giant corporations got the power to reign supreme over us, here’s the story."
—Jim Hightower, national radio commentator and author of Swim Against the Current
From Cracking the Code:
"Thom Hartmann ought to be bronzed. His new book sets off from the same high plane as the last and offers explicit tools and how-to advice that will allow you to see, hear, and feel propaganda when it's directed at you and use the same techniques to refute it. His book would make a deaf-mute a better communicator. I want him on my reading table every day, and if you try one of his books, so will you."
—Peter Coyote, actor and author of Sleeping Where I Fall
From Unequal Protection, 2nd Edition:
"Beneath the success and rise of American enterprise is an untold history that is antithetical to every value Americans hold dear. This is a seminal work, a godsend really, a clear message to every citizen about the need to reform our country, laws, and companies."
—Paul Hawken, coauthor of Natural Capitalism and author of The Ecology of Commerce
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.
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
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.
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
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.