Friday, 13 May 2016

CAPITALISM UNDEMONIZED

capitalism could be saved. it's important not to demonize this method of production because of excesses of greed and hubris and sociopathic behavior, especially in the financial and energy sectors. the real freedom it brought to enterprise has been valuable and it has proved to be a more successful way of organizing production of material goods and services than the centrally planned economic model, which in comparison allowed even more corruption among the powerful.

the problem is that it bears watching, and regulating, when excesses emerge. the role of production and its ownership vs. state control of enterprise that has emerged in europe, especially since the second world war, and has come to be accepted there, is a better indicator of the way to salvage the good and eliminate the bad in so-called democracies around the world than the british and especially the american model. the key is to remove corporate influence from government and prevent it weaseling its way back in. the most important control needed to save the idea and ideals of democracy is to get money and influence, especially but not only corporate money, out of politics altogether and make elected representatives represent another constituency — the citizens of the state. at its core value, so-called capitalist democracy gives power to money, social democracy gives it to people. for this, the people need to be educated into thoughtful citizenhood.

and then — long live the people.

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