quote · Legacy record
The winner takes all mindset at the root of capitalism is a poison if left unchecked. That’s not to say capitalism is bad per sē, or that a more refined version of it cannot work effectively. Nor does it mean the world should move toward socialism or communism, which have both proven throughout history to be just as disastrous. But surely the world’s recent financial catastrophes and the bankrupting of individuals, families, small businesses, communities and entire nations, must make even the most ardent capitalist examine his or her beliefs.
The winner takes all mindset at the root of capitalism is a poison if left unchecked. That’s not to say capitalism is bad per sē, or that a more refined version of it cannot work effectively. Nor does it mean the world should move toward socialism or communism, which have both proven throughout history to be just as disastrous. But surely the world’s recent financial catastrophes and the bankrupting of individuals, families, small businesses, communities and entire nations, must make even the most ardent capitalist examine his or her beliefs.
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- James Morcan
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