Tuesday, March 11, 2014

Capitalism's Last Stand?

I started a thread in one group in Facebook with this post:

"I think the advocates of interventionist policies are more than happy to implement the ideas of Walden Bello. If those running in public office cannot see the economic fallacy of Bello's proposals, we should not expect to see that something will change in our economy."



Here is an excerpt from Pietro Manzella's review of "Capitalism's Last Stand?"

"Bello maintains that a shift should take place towards a pluralistic system of global economic governance, making it possible for governments to set up initiatives for development in accordance with their own values and opportunities."

"For this reason, the author points to the need for a reorganisation of production, consumption and distribution which would deal with the climate emergency and provide a response to the environmental crisis."

"Capitalism’s Last Stand: Deglobalization in the Age of Austerity attempts to present measures for a fairer and more equitable society, taking as a starting point a far-reaching process of deglobalization. Those who are concerned with a just society and a more balanced distribution of global financial resources will find this volume both engaging and enlightening."

A respected pastor and my seminary professor commented: "Nothing substantial happens without sufficient force to make it happen. What is that sufficient force?"

I replied: "I think Sir as far as the socialists are concerned, they see egalitarian laws as 'sufficient force,' but for advocates of free enterprise, it depends on the number of citizens who are economically informed that give them the ability to see the impact of increasing size of the government and bigger taxes on both individual and economic liberty and personal responsibility."


Related Article:

http://funwithgovernment.blogspot.kr/2014/03/pol-ideology-54-on-multiple-death-of.html