"The English journalist G. K. Chesterton said ...
"... too much capitalism doesn’t mean too many capitalists, but too few capitalists".
"Unregulated capitalism and state socialism are twin blunders, capitalism because it concentrates wealth in the hands of the few thereby undermining democracy, and socialism because it concentrates power in the hands of a class of state officials who proceed to appropriate the lion’s share of the meagre output of a socialist economy for themselves" ....and enjoy luxurious 'dachas' on the black sea.
"Of the two systems capitalism is infinitely preferable, firstly because the chief safeguard of personal freedom in a democratic society is the anarchy and disorder of capitalist individualism, and secondly because capitalism produces so much more wealth".
Nevertheless, the great and growing economic inequality in the world today, both within nations and among nations, should be seen as a very dangerous ongoing crisis.
"But we must be very careful to avoid the blunder of blaming the rich instead of the true culprit—human nature."
( I would use the word GREED ... rather than human nature because this trait is not prevalent in primitive societies like the Bushman for example)
"We have no reason to suppose, if rich and poor could trade places, that the poor would behave any better. They might well behave worse, as commonly happens when the exploited suddenly find themselves in a position to exploit."
(Our rainbow nation can reasonably BEE regarded as an excellent example!!!!)
"No, the rich take full advantage of the fact that our economy and tax system are organized and managed to their advantage—most of them don’t lose a moment’s sleep over it either—because that’s a very human thing to do. It was ever thus, and it’s a sign of maturity not to be scandalized by it".
(Actually I would add that the educational system has been developed thru time to supply a populous of docile workers kept in servitude thru debt. This system suits 'big business' as it does government. The former as a source of cheap labour and the latter as a source of PAYE tax which is so easy to collect. As someone observed: 'most people live lives of quiet desperation')
'Capitalism' is based on the principle of competition. People must work hard in order to succeed. But many people, through no fault of their own, are ill-equipped to live in such a competitive world. If we think it wrong to discriminate on the basis of race, creed or colour, why do we tolerate economic discrimination on the basis of energy, academic aptitude, or the motivating desire for wealth? It’s up to the victims of our economy, and their sympathizers in the middle class, to point to the obvious injustice in much of modern economic practice as well as to the historic change underway in the nature of work'.
Though it may be delayed, the day is coming when our society will agree with John Kenneth Galbraith" .....
‘Everybody should be guaranteed a decent basic income. A rich country...can well afford to keep everybody out of poverty.’
"... too much capitalism doesn’t mean too many capitalists, but too few capitalists".
"Unregulated capitalism and state socialism are twin blunders, capitalism because it concentrates wealth in the hands of the few thereby undermining democracy, and socialism because it concentrates power in the hands of a class of state officials who proceed to appropriate the lion’s share of the meagre output of a socialist economy for themselves" ....and enjoy luxurious 'dachas' on the black sea.
"Of the two systems capitalism is infinitely preferable, firstly because the chief safeguard of personal freedom in a democratic society is the anarchy and disorder of capitalist individualism, and secondly because capitalism produces so much more wealth".
Nevertheless, the great and growing economic inequality in the world today, both within nations and among nations, should be seen as a very dangerous ongoing crisis.
"But we must be very careful to avoid the blunder of blaming the rich instead of the true culprit—human nature."
( I would use the word GREED ... rather than human nature because this trait is not prevalent in primitive societies like the Bushman for example)
"We have no reason to suppose, if rich and poor could trade places, that the poor would behave any better. They might well behave worse, as commonly happens when the exploited suddenly find themselves in a position to exploit."
(Our rainbow nation can reasonably BEE regarded as an excellent example!!!!)
"No, the rich take full advantage of the fact that our economy and tax system are organized and managed to their advantage—most of them don’t lose a moment’s sleep over it either—because that’s a very human thing to do. It was ever thus, and it’s a sign of maturity not to be scandalized by it".
(Actually I would add that the educational system has been developed thru time to supply a populous of docile workers kept in servitude thru debt. This system suits 'big business' as it does government. The former as a source of cheap labour and the latter as a source of PAYE tax which is so easy to collect. As someone observed: 'most people live lives of quiet desperation')
'Capitalism' is based on the principle of competition. People must work hard in order to succeed. But many people, through no fault of their own, are ill-equipped to live in such a competitive world. If we think it wrong to discriminate on the basis of race, creed or colour, why do we tolerate economic discrimination on the basis of energy, academic aptitude, or the motivating desire for wealth? It’s up to the victims of our economy, and their sympathizers in the middle class, to point to the obvious injustice in much of modern economic practice as well as to the historic change underway in the nature of work'.
Though it may be delayed, the day is coming when our society will agree with John Kenneth Galbraith" .....
‘Everybody should be guaranteed a decent basic income. A rich country...can well afford to keep everybody out of poverty.’
Hear! Hear!
Win Win Community is a free association of individuals and a broad range of invited merchants and service providers who subscribe to the business ethics of providing knowledge regarding their product or service, integrity in dealing with their customers, are reliable and can be trusted, trade at a fair price for the product or service, and do so with excellent service. Members are empowered to earn Passive Income because all trades generate a commission, agreed with the merchant, and this is networked to a three level member group where the trade takes place. Further the winwincommunity seeks to provide useful information to members on matters concerning their, health, social scene and lifestyle as well as promoting and helping to build the businesses of merchant members.
No deal is a winwin deal unless it is a winwin deal for everyone concerned.
No deal is a winwin deal unless it is a winwin deal for everyone concerned.
