Saturday, September 03, 2011
The steering wheel of economics
Individual greed is usually the
steering wheel of free-market capitalism, not innocent
“self-interest.” Greed too often is selfish and ignores or even
rejects community concerns.
Economic conservatism puts the
community before selfish greed, while still allowing the free
enterprise system, which has created economic miracles. Economic libertarianism usually goes with free individual greed alone, which
often ends up ignoring community concerns.
Concern for the community logically
leads to local economic concerns and economic nationalism, whereas
individual greed alone leads to global capitalism, which in reality
respects no borders or communities. We need fair trade with the world rather than free trade.
The wheel of economics has to be
steered by community concerns and not by individual greed, without
losing the free enterprise system.
It is the evolution of life to Godhood
which is the ultimate engine of life, and not the social tool alone
of economics. A variety of small, stable states and national economic order are
required before evolution can successfully take place over time.
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