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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: GST who wrote (25027)11/11/2007 4:54:52 PM
From: arun gera  Read Replies (2) | Respond to of 217749
 
>I hear people saying "we fell a bit lost -- people only believe in money now, and there is an emptiness".>

Part of the growth of capitalism comes from exchanging the goods and capital of the internal economy, put zero value to them, move them into the external economy, count them as real GDP, and then develop derivatives (money, capital, debt, debt derivatives based on that).

You can start with "the clan economy" or the extended family which was the norm in 95 percent of the world till the 18th century and still is the norm in 60 percent of the world population.

The tradeable goods between the clan network soon get substituted by those produced by corporations. This was more easily done in USA as in the new world the immigrant left behind most of his clan economy in your former country.

This process increase happiness as the loss of emotional ties with the clan is typically compensated by the goods and services of the external economy.

Then the intra nuclear family services come under the attack of capitalism. Childcare and caring of the old and sick moves into the external economy or into the future care of able bodied population.

The emotional bonds within a nuclear family are very important for the happiness of each individual in the family and there is still no real substitute for them in the external economy. However, under the pressure of the external economy and peer pressure these bonds can break. And additional amounts of goods from the external economy cannot compensate for the void.

-Arun