Capitalism - Good or bad ?

[Douglas Carpenter]

93. Good or bad is not possible to say. But so far the human condition has not yet created a sustainable

Last edited Sat Jun 2, 2012, 11:54 PM - Edit history (1)

workable alternative model that has been able to produce an equal or superior standard of living along with an equal or superior standard of civil liberties and human rights for the majority of any society anywhere in the world.

Marxism is a great analytical tool. It offers a very intelligent, rational and plausible approach to understanding history and current events. But like psychoanalysis the only thing it seems to cure is ignorance. So far in the human experience neither a Marxist or Anarchist model has been able to create anywhere in the world a sustainable standard of living with a high standard of human rights and civil liberties equal or great than that of any number of western-capitalist democracies.

Is it possible that at some point a workable alternative system that is superior to the liberal western capitalist model might arise? Yes it is possible. But at this time it is not the way things seem to be heading.