This crisis of Capitalism
Yesterday, a Post asked the question “Are we now living through a historic turning point in terms of attitudes and behaviours?”
Further browsing found a very thought-provoking article in The Guardian newspaper, online version, of the 6th May 2009. Let me encourage you to follow the link and read the article by quoting the opening and closing paragraphs:
What do we want to see emerge from the greatest crisis of capitalism for 70 years? If I had to answer in a single phrase, I would say: new models for a sustainable social market economy. This requires us to change as well as our states.
And the article closes with this (my underlining):
What you end up with is not just a systemic conundrum but also a personal challenge to every one of us. The challenge is to find a new balance in our double-lives as producers and consumers, at the same time consciously contributing to a larger set of new international balances between economy and environment, oversaving east and overspending west, rich north and poor south. That, too, is what I mean by a sustainable social market economy.
By Paul Handover
Paul Handover
