The Capitalist Peace: Why a Capitalist World Means a World At Peace

[JDPriestly]

29. Correlation is not causation.

"when nations have have economic relationships with one another, they share common interests."

We are assuming that, but we really don't yet know how many common interests nations that have economic relationships with each other will have as the resources in the world are stretched thinner and thinner to satisfy the needs and desires of the earth's growing population.

It may be that "when nations have have economic relationships with one another," one or the other assumes a position of dominance and that, when a subordinate nation threatens the dominance of the heretofore dominant member of the relationship, conflict will occur. That would not surprise me.

Waits to be seen.

One of the positive aspects of capitalism is that it is extremely flexible. Another is that it encourages creativity and new ideas.

I think that we have moved or are moving from a capitalist society to what should be called a corporatist society. I say that because I think that the dominance in our society of very large corporations is actually slowing the flow of capital to new ideas, impeding our creativity and making us rigid rather than flexible. I would like to see curbs on corporations and on their dominance over capital markets.