Well, this just shines new light on the inherent problem with capitalism--it's all about serving the needs of capital first, and the country, its citizens, the environment and all else second. Up to now, the economic pie was big enough that even the crumbs were sufficient to provide a comfortable life for most people. Yet with all the real wealth relentlessly concentrating in fewer and fewer hands--and this process no longer able to be masked by increasing national debt--the proverbial chickens are coming home to roost.
And no, I'm not advocating communism--that had a similar failing: serving the needs of the state first, and its citizens, the environment and all else second. We need a new economic vision that reverses the priorities, recognizing that a truly functional, sustainable society and ecosystem will come only as a byproduct of protecting the public commons and nurturing each human being toward reaching their full potential to contribute back to the system.
Menlo Park, CA
Sep 15 2008 - 4:59pm