Tuesday, August 23, 2011

5 Reasons >wild<Capitalism Has Failed

global economy is splintering. U.S. voters hate all politicians and there's political unrest throughout the world. The root cause of this turmoil is the failure of the dominant economic paradigm -- global corporate capitalism.

Many large corporations pay no U.S. income tax at all; in 2009, Exxon Mobil actually got a $156 M rebate

The modern world is ruled by >publicly unelected and unelectable

global corporations disdain civil society. They've created a culture of organizational narcissism, where workers pledge allegiance to the enterprise.
>its the mafia families like situation

Corporate executives don't care about the success or failure of any particular country, only the growth and profitability of their global corporation.

oil war military complex cartel is overcharging US consumers about 100% on gas prices.
its practically heavy hidden private taxes.

In many parts of the world, a worker is not able to earn a living wage, have a bank account or drive a car, but can always obtain drugs, sex, and weapons

The good news is we're witnessing the failure of global corporate capitalism. The bad news is we don't know what will replace it

>>> the answer is in responsible capitalism with human face, socially just, non violent.
the sort that the most prosperous countries established, like Germany, Japan, France

American rogue capitalism can produce so much, unfortunately, it doesnt know how to distribute it throughout the population, other than to give 90% of the wealth to he 1% of the top capos.

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