Wednesday, July 07, 2010

Crises of Capitalism



David Harvey asks if it is time to look beyond capitalism towards a new social order that would allow us to live within a system that really could be responsible, just, and humane.

3 comments:

knygathin_zhaum said...

Terrence,

You may have already done so, but do you mind listing the sticks YOU think should be in the bundle?

Charles said...

John,

How about removing the cap for liabilities? Or perhaps recognizing individual property rights and stop preventing near shore drilling and fracking? How about not directly subsidizing offshore drilling? All this would lead to much less drilling, with those left being much more careful.

Nonamehere said...

Actually, it would have been better to say that "Many governments that say they're acting with communist principles have been evil."

When you look at the wealth accumulation that happened in those "communist" countries you name, it's difficult to argue that they are anywhere near the actual application of communism, and really just a disguise for totalitarianism and systematic disenfranchisement of the citizens