Elizabeth Barrette (ysabetwordsmith) wrote,
Elizabeth Barrette

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Capitalism in Crisis

So now capitalism is in crisis, and it's exactly the kind of crisis that people pointed out ages ago was bound to happen: too much wealth concentrated in too few hands, leaving not enough to get done the practical things that rich people don't give a flip about.  The people who predicted this -- the ones that are still alive -- are saying "I told you so."  Much like the capitalists did when communism collapsed under its own weight.

Now that we've belabored the obvious, can we please start putting together the parts of various systems that actually do work, and create a hybrid economy that might last longer?
Tags: economics, news, video

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