Where is Capitalism going? 2
posted on Wednesday, October 15, 2008 09:58 AM
Arriving in Europe right in the midst of economic chaos that was being repeatedly termed 'unprecedented' was interesting to say the least...
It was stunning to witness the dearth of ideas that came about for attempting to 'fix' the problems with this economic system which we, the world, have been 'propping' up. I say propping up because it hasn't worked for the majority for some time, has it?
And to see that the 'go-to' position was to mobilise resources from the public coffers [again] to hold up the position of the minority profiteers was not encouraging either...Not too much creativity witnessed at this level... And no referendum to involve the people in critical decision making surrounding their welfare and wellbeing either... Just the choice to do it.
Well; we'll see how things will go from here. At least conversation's changing to practicality and usefulness of the banking system and other peripheral beneficiary structures. And lots of talk around community, resilience, individual responsibility is beginning.
I continue to watch with interest to see where convergence [First World and Real World] can begin...
Best to all.