I felt moved to write a response to Mandy’s assertion in the Christmas Echo that says, ‘Capitalism isn’t getting anywhere. Try as we might, we can’t seem to break it. It’s the foundation stone of poverty and exploitation.’
I beg to differ. In my opinion, greed and lack of empathy and compassion are the foundation stones of poverty and exploitation. Capitalism is a wonderful incentive for people to work hard and build something for themselves. Having found themselves with enough to provide for themselves and their families, and a bit extra, the evolved mature person will seek to share his or her excess with those in need.
It’s been proven that communism doesn’t work. People should be rewarded materially for hard work and enterprise, but having acquired a certain level of prosperity can then find joy and a sense of responsibility in helping others. Show me the money!
Bronwyn Sindel
Mullumbimby
Yep I’m sure Gina, Elon and bozos are in with this.
The government and corporations working together against the interested of the populace is not free market capitalism, it’s the text book definition of Fascism as Fascism is actually just an economic policy. Uneducated people misuse those words all the time.
people who simply simply complain against ‘capitalism’ are short sighted and don’t understand economics and need should take a course on the history of economics. ITs a paranoid view of many who think that economics has been put onto us by some world powerful people. Economics is simply a reflection of human activity and ambition. The issue is poor regulation, pseudo-free markets (where its not really a free market but controlled by a few) and corrupt governance. By declaring ‘capitalism’ is the only evil and changing from that system at a flick of a switch will fix everything is absolutely not founded on any historical evidence or economic theory. What economic system does Mandy think will work better if forced upon the populace ? We need smart politicians not dreamland phony’s, hence why I stopped voting for greens since they have been nominated very poor candidates.
International Monetary Fund
World Economic Form
Bank of International Settlements
Every free trade organisation
et al