Capitalism and World Well Being
Submitted by rlewis on 28 April, 2008 - 15:09.
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Is it simply ageing that changes our perspective of world affairs or is it that we have been around long enough to see things as they really are?
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It is difficult to deny that Capitalism 'delivers the goods', as they say, when it comes to increasing the material wealth of nations. It does seem however, to be essentially underpinned by its encouragement of ever increasing and perhaps unnecessary consumption, accompanied by the steady depletion of increasingly limited world resources.
Where it faces its biggest challenge, is to continue to build material wealth, without further damage to the other parts of the triple bottom line, those of world wide social justice, and an improving environment .
As I see it, the rich are still getting richer and the poor are getting poorer, and the world now teeters on the brink of catastrophic climate change. [A by product of industrialisation perhaps, rather than any one eco-political system.]
Something has gone badly wrong with the way we are managing this beautiful blue/green world of ours.
Capitalism appeals to the baser instincts of greed and self interest, and I have some difficulty in seeing that system, as it stands today, surviving the challenges ahead..
The grand Socialism/Communism experiment also failed dismally. [Although perhaps Sweden and Norway are on the right track with their brands of Socialism].
We need a new and better way, a third way, perhaps, between the two.
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