The Suicide of Capitalism

Texas Observer The Suicide of Capitalism by Molly Ivins 28 July 2006 (yes, last summer) - -

It seems to me that we’ve seen enough evidence over the years that the capitalist system is not going to be destroyed by an outside challenger like communism—it will be destroyed by its own internal greed. Greed is the greatest danger as we develop an increasingly winner-take-all system. And voices like The Wall Street Journal’s editorial page encourage this mentality by insisting that any form of regulation is bad. But for whom?

It is so discouraging to watch this country become less and less fair—“justice for all” seems like an embarrassingly archaic tag. Republicans have rigged the “lottery of life” in this country in ways we don’t even know about yet. The new bankruptcy law is unfair, and the new college loan rules are worse. The system has been stacked so that large corporations have an inside track over small businesses in getting government contracts. We won’t see the full consequences of this mean and careless legislation for years, but it’s starting to affect us already.

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And not so much as an antidote, rather, a counter to the manipulation of our greed and fears - accepting things as they are, go:read -- Bill Carroll's sermon for last Sunday.