There is a lot of whinging about the excesses of capitalism these days.
Understandably so.
As a good example here is an interesting post from Zero Hedge relayed with comments on Mike Norman’s blog:
http://mikenormaneconomics.blogspot.com/2012/02/zh-should-you-be-subsidizing-executive.html
Extract:
“What we won’t hear about is Corporations, like Caterpillar, taking money from workers and taxpayers, to enrich Corporate profits, and Corporate executives.
We won’t hear about a CEO who got his pay quadrupled, and in turn cut his workers salary by 50%.
Most of all we won’t hear about the soft landing in living standards for 80% of Americans”.
All fine, but at the end of the day, the problem is much deeper than capitalism and its injustices.
The real issue is materialism, i.e. the mechanistic world view and its consequences on individual and collective attitudes and behaviour.
Fear not, enjoy some rest.
Love,
Leo
Copyright © Leo Foresta 2012