Had coffee this am with a new twitterpal and blogger, Mike. As a former financial-industry-insider, like me, he had some things to say about our current affairs. He made this provocative comment: Capitalism as we know it is something that knows it’s dying, so it threw itself under a bus – and now we’re trying to resuscitate it for $700etcBillion. (pardon me, Mike, if I didn’t quite get the quote right).
Like me, he doesn’t simply want a re-jigging of the system. He hopes we find a completely new and different way of structuring our economics.
Capitalism, he points out,
is was based on enlightened self-interest, aka, greed. Try as we might to mitigate the natural trajectory of capitalism (ie. complete self-centredness) by legislation and regulation, capitalism ran its course and self-imploded.
What he and I hope for is a new model, based not on self-interest, but – Radical Alert! -a system based on Other, rather than Self. I am with him on this, entirely. As I’ve written before, I’m fatigued of messages shrilly telling me that I can, and should have the life I want yada yada yada (oops- does anyone say that anymore? I’m old.) The life I want includes a planet that is able to replenish, rather than depleted. The life I want includes kids thriving, well-nourished, and free of abuse. The life I want includes a world without AIDS.
We can do it.
Readers: any recommendations of social-enterprises from whom we can both purchase for our needs and contribute to others? (and I don’t mean just in the “gives xyz% of our profits, but businesses that inherently contribute to others)