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Wild capitalism, characterized by private property ownership, egocentric competition and utilitarism for own economic gain, blind free market forces determining the prices of goods and services, and minimal state intervention, is an engine of poverty and ecological catastrophy.

May the Europe of the wealthy
show solidarity with the Europe of those in need ...
Let banks go bankrupt, not peoples or nations !

"The Greeks have, without a doubt, made big mistakes. Until 2009, the government in Athens forged its books. But despite this, the younger generation of Greeks carries no more responsibility for the mistakes of its elders than the younger generation of Germans did in the 1950s and 1960s. We need to look ahead. Europe was founded on debt forgiveness and investment in the future. Not on the idea of endless penance. We need to remember this." - Thomas Piketty (in Die Zeit, June 2015).

Modern capitalism, being a money & power-based expansion of instrumental & strategic (not communicational) rationalism, brings liberty for the few, material well-being for the few, the disenchantment of the world, constant dissatisfaction & the iron cage of alienation (Weber).

Operationally, capitalism is based on private ownership and the premise of separating state and business (deregulation). Traditional capitalists believe markets to be omni-efficient (the illusion of the Invisible Hand). They think markets function without interference. The role of the state is thus to protect private ownership "de manu militari".

Neo-capitalism, in vain trying to cope with the social injustices and the ecological disasters engendered by its coarser format, has tried to assimilate solidarity in its definition. This is construed as a major step forward ! It is understood that wild, "free" capitalism is only "profitable" in the short term (take & run), with huge future costs. For in its wild form it always causes the demise of Nature and social fragmentation. If survival on our planet is deemed profitable enough, eventually, a long time strategy will be necessary ! However, the idea capitalism as a system is wrong has not yet dawned, although recently, serious cracks have been identified (Piketty) ...

Today, we are beyond national and continental discourses. A global political system, giving body to a just and efficient planetary participationism, is the ideal, the "utopia", not some wild economic globalization and system of short term cost-cut strategies. The monster of financial industry has recently tried to put the clock back and reintroduced insane deregulation, fraud, theft and social catastrophy. The academic study of economy has become part of the problem (professors payed by those promoting the rule of the wealthy at the expense of the poor). Promoting senseless theories on deregulation & inventing the mathematics for the subprime trap, they co-authored poverty worldwide. Their science is mainly there to increase greed. Everybody knows that the gross differences between rich and poor need to be levelled, but they are on the increase. In this, the role of the state remains crucial.

Too greedy individual actors need to be strongly restricted and if necessary forced by law to contribute more money to a fair distribution of goods and services in our towns, states, provinces, nations and eventually in the whole world. Those wealthy who steal and commit fraud should loose all their personal assets.

The first goal to achieve today, is the radical and irreversible eradication of the horrible poverty striking a billion or more of our fellow humans on this planet. To help to alleviate this, is a direct, spiritual and moral choice touching every individual human being living in the rich countries, in particular the captains of industry and the political elite.

Poverty can and must be eliminated from the face of the Earth within a century. This can be done by immediately and irreversibly investing 10% or more of the combined GNP of the G20 nations in an ongoing planetary participationistic initiative initiated by the United Nations. But what happens ? The UN acts as a talking-box deliberately given limited power to act ; a tool easily abused by those holding the gun to start their oil-driven wars. And how many very wealthy people invest in ending poverty ?

A humungous sum of money is to be immediately liberated to the effect of a Global Help Project, not to assist the financial industry to continue implementing their dehumanizing strategies. This would be a century-plan, desolving when the various ecological, humanitarian, economical, social, political, intellectual and spiritual goals are achieved. As their number, definition, function and solution are known, the operational means can, must and will be forthcoming. Good will achieves what is best for Nature and humanity.

As less than an hour of sunshine roughly corresponds with the global energy needs of humanity for one year, one of the paths leading to the solution of our major problem, energy, seem clear.

Our planetary society faces a terrible crisis. Time is out of joint. Surely, a moral person seeks a global paradise ? Less remains, especially in our times, mere babble.


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initiated : 11 XI 2004 - last update : 20 XI 2017
© Wim van den Dungen