The Mudcat Café TM
Thread #119265   Message #2588922
Posted By: CarolC
14-Mar-09 - 05:02 PM
Thread Name: BS: Capitalism has outlived its usefullness
Subject: RE: BS: Capitalism has outlived its usefullness
I was just listening to a talk about indigenous peoples and their struggles to maintain their presence in the world despite the enormous stresses that the forces of globalization are putting on them. One of the tools that they are turning to in their struggles is capitalism. One group in the upper Midwest of the US wants to turn their land into what they're describing as "the Saudi Arabia of wind". They've got lots of wind and not much else, and they want to use that resource to generate electricity and income for the tribe. I say more power to them. (Pun not intended.)

Just as with fire, capitalism doesn't have to be destructive. It's how capitalism is harnessed and used that determines whether or not it does evil. And as with fire is possible to set things up so that capitalism is used constructively instead of destructively. I predict that this is how things are going to evolve.