Capitalism and World Well Being

Submitted by rlewis on 28 April, 2008 - 15:09.

 

Seniors Think Tank

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?

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.



Too Complex a Problem? - desk hermit 05/05/2008 3:04 pm
The fulcrum may well be a - rlewis 08/05/2008 6:08 pm
Listening to the scientists - yorkdale 05/05/2008 7:43 am
Perhaps a fair comment.  I - rlewis 05/05/2008 11:36 am

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.