Tuesday, November 25, 2008

Capitalism

Capitalism, with its foundations in individual rights and liberties, freedom of choice, and the rule of law, stands alone as the only feasible way to rationally organize a modern economy. But classic capitalism has a central failing - its demand for sustained growth instead of for sustainability. The role for capitalism in the future should be to continue to facilitate the development of reasonable profits while reducing consumption and focusing on issues such as protecting the environment, re-establishing mankind's relationship with Mother Earth, healing the pain of the less fortunate among us, developing personal relationships and expanding the cerebral aspect of life in general and education in particular.