Comment 39349

By Kiely (registered) | Posted March 31, 2010 at 14:23:41

"sigh Capitalism is why all of us aren't living in poverty. The answer isn't to throw out the baby with the bath water, we do need to do more to tame capitalism so we all benefit from it." - nobrainer

Modern Capitalism is why we all have money, not necessarily why we aren't in poverty. Are Mennonite communities poor? What about people who live in the eco-villages of Europe, are they poor? Both groups have rejected modern capitalism. The exchange of goods has been with us for many millennia, people obtained everything they needed to live long before capitalism. Were they all poor?

I'm not necessarily disagreeing with your "don't throw the baby out with the bath water statement" nobrainer, after all capitalism is the current way of doing things in the majority of the world and a complete overhaul would frankly require a revolution many people would not be able to cope with. I'm just trying to make the point that capitalism and even poverty, are not issues of absolutes. It isn't as simple as "capitalism is good" or "capitalism is bad". Take poverty out of the context of money. If I have everything I need for survival, (e.g., food, water, roof over my head, etc…) a family that loves me, some homemade/grown brew or smoke, good friends and conversation, but I have no money… am I poor?

I don't believe capitalism is to blame for all of society's ills, (I believe it is people). But capitalism without morals certainly isn't helping. Unfortunately some companies may not realise it until they are finally left wondering what happened to the middle class who use to buy all their products.

There is a great quote from writer Ian M. Banks: "Money is a sign of poverty", I think he was right in more ways than one.

Anyway, like I said, I don't disagree with your statement; I'm just putting something out there for discussion.

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