Vam ... It seems you're forgetting one important factor. You speak as though the 'system' is some external set of parameters into which we have stumbled and screwed up pretty badly because, as you see it, the 'system' doesn't factor for human nature.
In reality, the system is a perfect reflection of human nature and humanity in all our glory and our shame. Capitalism isn't something external. Human beings developed it, created it, formed it's principles, policies, rules and regulations. It is entirely of human creation and can no more be apart from us than our own flesh and blood children. Nor is the system sentient. We are it's sentient factor. The system of capitalism cannot have any more respect for democracy than what we put into it. And if you would read even a brief summary of Adam Smith's Wealth of Nations you'd also see that the system is self- correcting. However, as we are currently finding out, that self-correction does not take place early on. Apparently the abuses inflicted upon the system by human beings has to get to an extreme level before those self-correcting mechanisms kick in. Such as the real estate bubble that was blown out of proportion back in the early part of 2007. It had to get so much out of control that it took a crash and a recession to begin the self-correcting mechanism. When people learn to behave better, then we can have an economic system that is moral because it's component parts (us) are moral. Until then all we can rely on are the poor substitutes of law, regulation and the press. On Jun 18, 6:18 pm, vamadevananda <[email protected]> wrote: > That's the point, Gruff ! > > A system that doesn't factor for human nature ... idiotic, abusing, > greedy, conning, unkind, ill willing, inconsiderate, cruel, apathetic, > thieving, coveting, murderous ... gets taken over by people who abuse > and misuse it. > > That's what is evident in people's reactions and negative views ... as > feedbacks to the system. If the system has the least respect for > democracy, it should have heard and at least started correcting itself > long ago. But I'm afraid, it isn't. Largely because it's taken over by > people who've vested interests in the status quo that allows them to > misuse and abuse it for ' immoral profits ' through perpetuating ' > unhealthy practices !'
