Thursday, November 1, 2012

Frankenstein Economics is killing capitalism

image

http://www.marketwatch.com/story/frankenstein-economics-is-killing-capitalism-2012-10-23?siteid=nbch

“Capitalism’s Frankenstein Economics is failing our nation with its core myth of Perpetual Growth, which assumes infinite resources with infinite opportunities for growth, profits, income, and wealth. Ad infinitum.

Though rich and brilliant, American capitalists have a childlike, irrational conviction that they can indefinitely mine, fish, dump, produce, grow and extract resources from the planet’s limited supply, without ever paying a steep price or planning for the day the planet’s resources are exhausted.”

No comments:

Post a Comment