I do NOT track my own rants. Sometimes I will go back and read something dated and think, “That was drivel!” Or sometimes, albeit much more rarely, “That was good.” I just went back and read an old 2015 post: Reflexivity – the study of Hungarian feet?
I liked that one. Still do.
But I mention this ‘mirror-gaze’ because for some time I have been ranting about Capitalism and how it is broken. It is all wrong. Bad, bad, bad. Oooohhhhh, so bad!
But, like many, I could not really imagine another system. Capitalism has so much inherent that is also inherent to the human being that it is a close-to-natural economic construct/system. Which means: it should work. It doesn’t work for the same reason it should – so much is inherently human and the basic human is also very flawed. Our Capitalistic system reflects our own flaws! We are greedy. We are selfish. We are mean, cruel and sociopathic.
So, we’re talking the yin and yang of things again.
But the currently obvious problem with modern capitalism is that it overly rewards our flaws and NOT our better side. Capitalism, as it is practiced today, has no morals, no empathy, no sympathy, no higher aims. Nor does it reward goodness. It is cold math for personally materialistic and psychotic gains. Ugly stuff.
Seems some of the geniuses at DAVOS, the world economic and civil think-tank conference have finally clued in to that. God bless their atheistic little hearts. These are the guys who did really well in the dysfunctional, greed-based system and are the so-called winners now doing the good work of reflecting on the state of it.
And NOW they are worried….not SSSOOOOOOooooooo much about you (the great unwashed) or the lack of goodness but, rather because they are worried about THEMSELVES staying at the top of the heap. Still, they seem to recognize that the heap is suffering. And they realize that the system is broken. It’s a start.
IRONY: Ya gotta be a winner at what is wrong to be invited to DAVOS to talk about what should be right.
Anyway, I am copying an article by Steve Levine (AXIOS) with a tiny bit of added editing…..and a follow up comment after ‘Me:‘ below. The following is Levine:
DAVOS, Switzerland — If a single theme ran through (it) this week, it was acceptance that the capitalist system, of which the attending elites are the masters, is broken. And if they (the elites) don’t take charge, changes may come that they won’t like. What brought them to this point is a growing threat of trust-busting, regulation and public opprobrium in both the U.S. and Europe, on top of the residual shock of Brexit and the election of President Trump. (NOT guilt or shame…but still….)