Capitalism and the market are presented as synonymous, but they are not. Capitalism is both the enemy of the market and democracy.
From David Korten
It will take some time before a politician will capture the imagination of the American people and have the vision and understanding to do what is necessary for a better future for the people of America and the world.
And each of these perspectives comes to the same conclusion, which is that our global economy is out of control and performing contrary to basic principles of market economics.
My claim is that we do not have a market economy, but a capitalist economy.
It is interesting to note that the 200 richest people have more assets than the 2 billion poorest.
If you look internationally over the last 50 years there have been improvements in the third world, but in the last 20 years the reverse has happened, with debt crises and increased poverty.
My own experience in the third world was that even if people started to make more money, the cost of living and housing increased often faster than the wages.
Money is not wealth. Money is a claim on wealth.
Wall Street sees a social fabric or social contract as inefficiencies, which need to be removed.
More and more surveys in the US are indicating a change in values taking place among consumers, who become more concerned about quality of life, food, health and the environment.
3 perspectives
2 perspectives
1 perspectives