The flaws within both capitalism and democracy relate to the breadth of the human self.
Just as it is self interest that serves as the impetus for a positive marketplace, so to it is selfishness that ends up distorting a marketplace.
Just as it is self interest that sets-up a system of governance that benefits the whole of society, so to it is selfishness that leads to a system that gives the majority what they want (rather than what they need).
A view of life, stocks, companies, the markets, and investing "through a glass, darkly."
Showing posts with label democracy. Show all posts
Showing posts with label democracy. Show all posts
Friday, June 18, 2010
Tuesday, January 26, 2010
'Tis a truly sad day
The Supreme Court's decision to allow corporations to spend what they want on political free speech is the final nail in the coffin of US democracy.
Not a matter of if, but when.
I imagine it will take many more years of decay and erosion before it fragments into fiefdoms. The eventual overrunning of the ramparts will likely coincide with a major financial crisis.
Not a matter of if, but when.
I imagine it will take many more years of decay and erosion before it fragments into fiefdoms. The eventual overrunning of the ramparts will likely coincide with a major financial crisis.
Labels:
democracy,
institutions,
political system
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