tag:blogger.com,1999:blog-876862148358784705.post2370307160235339016..comments2024-03-11T19:40:23.089+00:00Comments on Views from the bike shed: Capitalism - common currencyThe bike shedhttp://www.blogger.com/profile/05195882998271591934noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-876862148358784705.post-68032733228923433722013-11-19T18:59:42.898+00:002013-11-19T18:59:42.898+00:00Exactly Helen.
Yes, we live in a Capitalist world....Exactly Helen.<br />Yes, we live in a Capitalist world. The system is omnipresent - part of the taken-for-granted backdrop to 'our' world. Though I'd draw a distinction between small-scale local production and bartering etc and the multi-national Global companies that consume our world.<br />Global Capitalism depends upon State support. It's the State that empowers Capital - that ensures the powerful are rewarded; that it has a plentiful supply of cheap labour; that there is sufficient social stability for it to operate (limited riots and looting and relative health etc); that tax regimes favour it.<br />What happens when it gets too big for its boots? When it consumes itself with greed? When it forgets it relies upon the very society it wishes to exploit? Ah... the banking 'crisis' hinted at what will finally destroy Capitalism - itself. Jings. What awaits us indeed.<br />sansserifhttps://www.blogger.com/profile/16445280597626572292noreply@blogger.comtag:blogger.com,1999:blog-876862148358784705.post-38156422831861851302013-11-16T13:23:26.090+00:002013-11-16T13:23:26.090+00:00And now that its major practitioners are running r...And now that its major practitioners are running roughshod over democracy, meritocracy and the rule of law....?<br />What awaits us?Helen Devrieshttp://asurfeitofpalfreys.wordpress.com/noreply@blogger.com