Saturday, March 28, 2009

Shrinking economy?

One of the local papers has a headline about the shrinking economy.

That's bad, and it is the result of decisions taken by specific individuals.

Many of those individuals are today in Obama's government, and are (amazingly)

supposed to be fixing the problem! fat chance.

But, let's be clear: Capitalist economies are not devoted to satisfying real human needs.

They are devoted to making us brand-name conscious and they encourage frivolous consumption.

Capitalist economies are not designed to give everyone a job or a decent life.

Of course, given the facts about the world, shrinkage means pain for people who don't deserve it.

But much of what capitalist economies do is unnecessary--e.g., advertising is pure waste.

No comments:

Post a Comment