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[JDPriestly]

23. What's wrong, but also what's right with capitalism in that it fosters so much positive

technological development?

It isn't that capitalism makes us vulnerable to change and therefore causes us to suffer misery.

Capitalism's strength is that it encourages scientific and technological discoveries. It rewards them.

The problem is that as a society we don't recognize that the very strength of capitalism is its biggest weakness. While capitalism encourages scientific and technological discovery and dissemination, it does not, without societal organization and effort, provide a way to spread the costs and benefits of the economic upheavals that result from those discoveries and the dissemination of new technology and scientific developments across the population.

Capitalism relies on markets, but the markets are subject to drastic and sudden change that leaves many people without a booth in the marketplace or a role in society.

Further, we have not yet dealt with the damage to our physical environment that the creative and free and very positive side-effects of capitalism mean.

It is a matter of achieving the public consensus to regulate capitalism in a way that does not destroy its creative potential. It isn't a new economic system exactly. It is approaching capitalism with more common sense and more respect for democratic, socially nurturing policies.

That is my opinion.