I remember reading a Guardian article in which it discussed the requirements of any market to either evolve or die based on the circumstances it finds itself in.
It highlighted that because Communism could not adapt quickly enough to its circumstances that it failed - the centrally governing authority were not able to efficiently or effectively govern the market at the time. Leading to multiple issues.
I would like to see the evolution of Capitalism. That we do not view everything only through an economic lens- there needs to be environmental, societal and political factors which must also be taken into account.
That and personal accountability and responsibility for business practices. For example you can pollute that waterway but we will take all your profits and you go to jail for 30years
I think this is the ideal. Capitalism is reigned in and regulated, consumers are encouraged to buy more expensive products in exchange for better conditions for the associated workers and the planet, labor unions surge, and billionaires are taxed out of existence.
I remember reading a Guardian article in which it discussed the requirements of any market to either evolve or die based on the circumstances it finds itself in.
It highlighted that because Communism could not adapt quickly enough to its circumstances that it failed - the centrally governing authority were not able to efficiently or effectively govern the market at the time. Leading to multiple issues.
I would like to see the evolution of Capitalism. That we do not view everything only through an economic lens- there needs to be environmental, societal and political factors which must also be taken into account.
That and personal accountability and responsibility for business practices. For example you can pollute that waterway but we will take all your profits and you go to jail for 30years
I think this is the ideal. Capitalism is reigned in and regulated, consumers are encouraged to buy more expensive products in exchange for better conditions for the associated workers and the planet, labor unions surge, and billionaires are taxed out of existence.
Capitalism evolves into either Socialism or fascism, so we should push for Socialism.