--- In FairfieldLife@yahoogroups.com, "curtisdeltablues" <curtisdeltabl...@...> wrote: > > --- In FairfieldLife@yahoogroups.com, nablusoss1008 <no_reply@> wrote: > > > > http://www.youtube.com/watch?v=bXDRNeCFxKQ&NR=1 > > I understand that you are linking his themes with the Maharishi quote Nabby. > But I see it a little differently. > > It isn't capitalism that Patel is targeting as much as free market dominant > capitalism. All markets have a continuum of regulation and freedom. One of > our biggest problems in the US is that our system of regulations is corrupted > by special interest corporate lobbying. This allows some of our biggest > corporations to act in a way that doesn't serve the public good and can even > cause disasters like our credit markets. > > And yet the incentives created by freedom in markets are a fantastic way to > get people moving, to create systems of profit that can end up benefiting > society through job creation.
Excellent distinction. There is a tendency (or thinking below our full potential) to generalize Captitalism (or is it Kapitalism,) with all markets. Often there is actually little corellation. What we have and are increasingly getting is cronyistic elitist statism -- which has NOTHING to do with free markets, particularly free markets at the at the mom and pop micro level. I recently finished, and highly recommend, "Banker to the Poor" by the guy who won the Nobel prize for his work in implementing and promoting micro-finance for the world's poor. Its a breakthrough position, in my view -- giving copious red meat (ok red lentils) to both the right and left (a defunct set of terms, in my view - how can politics and world view, world and individual solutions be limited to one dimension?) Ending world poverty by enabling the 10% of the population to create and grow their open businesses -- getting out from under the hand of exploitative statist mini-Kapitalists who control local politics and markets (an oxymoron -- who control controlled transactions among unfree participants)and enabling the disadvantaged to creatie wealth, dignity, skill base, and a much more textured and robust economy. And then once again regulations assist so that an employer doesn't exploit workers, which has not worked in all of our industries but has helped in some. Looking at working conditions at the turn of the last century we can see that some progress have been made. > > For example we become shortsighted when we don't include our illegal alien > workforce in our agro-business essentially thinking of them as not humans > that we need to care about because they are not legally Americans. But we > participate in the exploitation by buying food that is artificially cheap > with no regard to the lives we are crushing with our food system. The same > is true of our addiction to cheep clothes and other products made by > countries with no worker protections. > > I believe that capitalism itself is not the problem but the way we have > allowed it to function in our society needs adjustment. The people who argue > for totally free markets as well as the people calling to an end of > capitalism need to get closer together on the continuum of regulation and > freedom which is the way our society works. No longer can we embrace extreme > ideology on either side, because we have evidence that neither of them work. > > What I find compelling about the little I know about Patel's perspective > (thanks to you) is that he seems to be approaching this with a reasoned > appreciation of the virtues and limitations of both parts of the system. We > need to make a more carefully reasoned choice about how we are going to mix > these two concepts in our society rather than the random and corporate > bullying style that has gotten us into trouble. > > America needs to change, but we also can't forget that people come to our > country from all over the world because of our emphasis on free markets. > Even if in practice we have not found the best balance to sustain us as a > society yet. > > > > >
