new age news, holistic news, metaphysical news, environmental news, cultural creative


-- News for the Cultural Creative, December 13, 2008 --
|
|
From the Beer
Advocate -- From New Renaissance Magazine -- If you did a search on Google using the words “miserable failure” the first search result you would see would be to find the Wikipedia page on “Capitalism.” Despite all the euphoria of 1990, when communism fell and capitalism was anointed the winner of the cold war, a hard look at the economic and social condition of the world today reveals that capitalism has failed to provide the people of this planet with a good life. Of the world’s six plus billion people, half of them live on less than two dollars a day. While people die from diseases related to overeating in the so-called developed countries, children die of malnutrition elsewhere on this small planet. Apologists for capitalism have always said that it was just a question of the developing countries acquiring democracy, free-market economic systems, and some good elbow grease and they too would enjoy the “good life” like the citizens of Europe and North America. But the long awaited “take-off” for the economies of the poorest countries seems nowhere in sight. In these countries capitalism is a clear failure, but what about in the “developed” world, surely capitalism is successful there! A few years ago one could have indeed argued that capitalism has succeeded in the industrialized countries of the Northern Hemisphere. But even in the countries with high per capita income there were and still are tremendous disparities. Under capitalism wealth is not evenly distributed and even in the USA, 25% of the people live below the poverty line. Can we really say that we have an ideal or even a well-working economic system when millions of people are struggling just to survive? The current global financial crisis underscores the inequality, fragility and unpredictable future of the capitalist economic system. While the US government gets ready to bail out banks and financial institutions that have failed due to their reckless greed, no one is there to save the thousands of ordinary people who are about to lose their homes and life savings. It’s time to take a stark look at capitalism and shout down the politicians who continue to shamelessly chant that “the fundamentals of the economy are sound.” The fundamental premise of the current economic system, that the unlimited accumulation of wealth by a few individuals will result in the good of everybody, is a clear lie and the sooner that we face up to this, the better off we will be.
From
UTNE Reader
--
Easier said than done, of course,
which is why Gach also advocates mindful purchases and donations in
place of buying for buying’s sake. Instead of obsessing over finding
perfect gifts for your loved ones, make spending time with them a
priority. Instead of purchasing a new gadget or sweater, donate what
you already have but don’t use; the strategy has the double benefit
of helping those in need and clearing up space. “It’s harder to be
grasping greedily when your arms are extended in giving,” Gach
writes.
From Body & Soul Magazine --
Also From Body & Soul Magazine --
From Alternet --
From The London
Daily Mail and United Press International-- The coffin will also come equipped with reindeer to pull the makeshift holiday sleigh and a holiday message from Queen Elizabeth II will be played during the ceremony, Park said. A local undertaker has estimated the event, which will also include a performance of the song Merry Xmas Everybody, will cost nearly $104,600 |
as read on
![]()
Home
|
Testimonials |
Ad
Rates |
Virato Biography
|
Virato Live! Newsletter
Discussion Board
|
Voice Comments
|
Virato Live!
Networker Info
|
E-mail
This may be considered new age news, yet it is also environmental news, holistic news, metaphysical news, and cultural creative news