Capitalism: Never Enough?
“How much is enough?” If we as a society are really committed to the notion that “more is always better” and if we believe we can sustain economic growth indefinitely.
“Our enormously productive economy demands that we make consumption our way of life … that we convert the buying and use of goods into rituals, that we seek our spiritual satisfaction, our ego satisfaction in consumption… .We need things consumed, burned up, replaced and discarded at an ever accelerating rate.”
But as an engine for humanity, it is not sufficient to simply buy and sell. Many economists today are suggesting we must not rely on growth as our sole criteria for judging a ‘healthy’ economy — that we must find ways to measure the quality of people’s lives and the impacts we are having that are not based on just dollars and cents. We have all heard that money can’t buy happiness. Now we’re having to acknowledge that happiness is not a commodity to be bought and sold, and we can no longer afford to be addicted to consumption.
I am not against the theory of Capitalism as a means for distributing goods and services, just as I am not against alcohol. I am, however, against Capitalism or any economic theory when it becomes an ideology, just as I am against a pervasive culture of drinking and drugs in which individuals lose their capacity to choose (or even question their choices).
When our practices become so pervasive that they ‘take over’ people’s thinking to the extent they self-destruct (for example, through excessive drinking or excessive debt), then we need to stop and ask what is really going on. We need to challenge our most basic beliefs and assumptions about what we want, how we are living and the choices we are making.
Creating any new habit is difficult. And getting beyond an addiction can be extremely challenging. But having the courage to take stock and get clear about what we want is the essence of what makes us who we are. This is exactly what we need to do to create the foundations for whatever possible future we want.
This entry was posted on November 13, 2013 by Miep. It was filed under Hand Me My Shank, I Don't Like Jokes, Pursuit of Happiness, Rant, The Drama Of It All, U.S. Politics and was tagged with AMERICA, Bangladesh, Capitalism, Elizabeth Warren, Free Market, Government, Obama, Politics, Social Contract, Socialism, US Politics, USA, Victorian Era.