Quote:
Originally Posted by clive milne
Yep... I agree and would go further.
Surely it is self evident that irrespective of one's political inclination the current economic system is not serving us. It is not surprising because one of its base premises is a mathematical absurdity.
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Out of all the hot air expended so far this comment is closest to the nub of the issue. Once you understand that our economic system is not stable in the long term, everything else is rearranging the deck chairs. Real progress can will only be made once we accept that our economic system needs to be transformed. We need a system that does not require continuous growth and where quality of life is the goal. Fundamental change is not easy, but the worthwhile things rarely are.
Quote:
Originally Posted by casstony
You guys are frying the little fish and missing the big ones, which is exactly what the banks want. I feel you don't comprehend the critical size and nature of the problem created by Wall Street and London bankers.
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Yes, I suspect I don't understand the problem. However to blame the bankers makes it sound like the problem is an aberration caused by human fallibility. These people are the premier representatives of capitalism. The best and brightest. If they are leading us into a crisis it's because there is no other path under capitalism.