The Latest: Davos military security costs millions
For 51 weeks of the year, the Swiss village of Davos is much like other Alpine ski resorts _ fairly low profile
Associated Press – 34 minutes ago
- ricky l 0 seconds ago
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- Yes the whole World is at the turning point of Capitalism - where the ugly head of Capitalism is benefitting only a few minorities where the majorities are left out from the Capitalism Economic model - because of disruptive technologies and robotics that take away majority of the jobs.
- Unless a new way to share wealth from the Economic model is baseline for the whole world - disastrous outcome such as Brexit and Donald Trump syndrome will manifest worldwide ---- causing catastrophic consequences to the World Economy,
- Social order and Political mayhem.
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- ricky l 0 seconds ago
- Posted in :- Saturday, July 5, 2014 ricky l
- Raw Capitalism is the world of jungle - where the fittest (the intelligence) will kill the rest.
- There is no element of Compassion. Planned Economy is the needed element - that will help to introduce Compassion into the ruthless system of Raw Capitalism - to make the system more wholesome by helping those who have been routed.
- And this Hybrid - should be known as Socialist Capitalism (Intelligent + Compassion)
- But has the World arrive to introduce Socialist Capitalism?
- I think still a long way to go - looking at the very rich Capitalists and the jobless trying to look for job.
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- ricky l 0users liked this commentThumbs UpThumbs Down0users disliked this comment ricky l • a second agoRemove
- Where the ruthless elimination is the characteristics of market competition, the socialist element of planned economy should come in as "catchment reservoir" to "catch" those who are routed by the ruthless competition and go out of jobs.
- The planned economy could be Government projects aim to create jobs for the unemployed to ensure the jobless continue to have jobs and earn income to feed themselves and their families - so that they will not be left in a lurch.
- Such planned economy - will be more superior than Dole or handout to Jobless as it is also an Economy that will have multiplier effect to the Larger Capitalist Economy - and will contribute to higher Economic output - than if entirely leave the job market to the private sector.
- It is also a more Compassionate Socialist element to the Ruthless Raw Capitalism - where ruthless elimination of competition is its characteristics.
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