Death of Capitalism? It Is Thesis

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I agree with the authors that the main problem with capitalism is its lack of an ideological basis, and really its denial of any process by which ideology could be implemented. That is, the basic tenet of the free market concept is that enforced regulation limits profitability and growth, and that the markets themselves will correct any mistakes by rising to meet demand. This has proven already not to be the case for certain unprofitable ventures, such as public transit, which is nearly always operated at a loss. The fact that you can take a bus to work is a testament to the fact that capitalism does not answer everything. Even worse, though, are the instances where capitalism provides an incomplete answer. The issue of health care is very important in this country and around the world; under the capitalist and globalist economy, many people are unable to afford the medical care they need. When there isn't a way to profit from treating someone, they often go untreated.

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There is no direct economic argument against letting the poor sick people die, but even suggesting such a thing is abhorrent to the human spirit. Economics, especially capitalism and globalization, does not often take into account the fact that human beings are worth something, too, not in terms of their lifetime productivity, but simply as individuals with as much of a right to live and try to enjoy life as anyone else. When these rights are limited by other people making a profit, which this DVD demonstrates is occurring with globalization, something is wrong, ideologically speaking.

If room in the world's economic system is not made for such ideological valuations, then I believe that further strife and eventual collapse is the only possible future. Problems are stirring in South America, Africa, and the Middle East, and when people realize they aren't actually powerless, they will stop being….....

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