[syndicate]

io io at auraloptic.org
Wed Mar 3 17:07:02 CET 2004


http://64.163.59.112:4047/vids/cultureremix.wmv


On Mar 3, 2004, at 11:46 AM, integer at www.god-emil.dk wrote:

> Capital is the force that raises the productivity of labor and creates 
> the wealth of nations.... it is the one thing that the poor countries 
> of the world cannot seem to produce for themselves no matter how 
> eagerly their people engage in all the other activities that 
> characterize a capitalist economy." No matter how badly some of us may 
> want to hold on to cherished ideals of collectivist economies, the 
> reality is that at present these are only viable on a micro scale. For 
> the moment, capitalism has won, and the only question is how to make 
> it work to improve the lives of the bulk of the world. De Soto writes: 
> "I do not view capitalism as a credo. Much more important to me are 
> freedom, compassion for the poor, respect for the social contract, and 
> equal opportunity. But for the moment, to achieve those goals, 
> capitalism is the only game in town. It is the only system we know 
> that provides us with the tools required to create massive surplus 
> value.





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