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Politics : View from the Center and Left
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To: JohnM who wrote (257913)8/9/2014 1:04:41 PM
From: bentway  Read Replies (3) of 541922
 
I think our current capitalism is fatally flawed. At it's core, it's based on unlimited growth, like cancer. Also like cancer, it will kill it's host. It's conquered communism and is spreading worldwide rapidly.

We need a sustainable, steady-state economics. Some here have posted that theory.

en.wikipedia.org

John Maynard Keynes, one of the most influential economists of the twentieth century, [8] also considered the day when society could focus on ends (happiness and wellbeing, for example) rather than means (economic growth and individual pursuit of profit). He wrote:

...that avarice is a vice, that the exaction of usury is a misdemeanour, and the love of money is detestable… We shall once more value ends above means and prefer the good to the useful.[10]

We live on a finite planet. Time to wake up to that.
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