Posted 5 years ago on March 7, 2013, 11:21 a.m. EST by agkaiser
from Fredericksburg, TX
This content is user submitted and not an official statement
The preferred economic system is free market capitalism. In theory it provides us with the things we want and need at the best prices and in the required quantities. There's little debate about that.
There's also little debate that we all need and/or want in common: food, clothing, shelter, medicine, energy, communications and transportation. The theory of capitalism rests on the belief that Finance [FIRE] in general and banks in particular facilitate the distribution of the goods and services we need and want in common. FIRE is capitalism. Capitalism is FIRE. Some may quibble with that. More will challenge anyone else's determination of what is a want and what is a need.
None whose heads are visible will challenge the fact that 21st Century Capitalism is concentrating wealth with the few and failing to adequately distribute the things we want and need to the majority of people who want and need them. The most stalwart defenders of Capitalism also refuse to allow our government to make up for the deficiencies of their concentration of wealth machine. That is: they won't allow anything to be done about the failure of Capitalism, because they are benefiting from it.
Until we get our heads into the open air and realize that an economy is about providing the things we want and need in common, our economy will continue to threaten rather than facilitate the existence of the majority of human beings. Common. Community. Think about it!