The Network Journal: A Better Plan to Save Capitalism
There's been a lot of discussion about the C word lately: capitalism. The Pope made news by saying that the capitalist economic system "is centered on money, not [on the] human person.... It is an inhumane economic system."
Meanwhile, French economist Thomas Piketty, author of Capital in the Twenty-First Century, argues that capitalism, as currently constructed, is rigged for the rich and against the poor, eventually creating a world that resembles 19th-century Europe.
The dialog has once again descended into a debate over whether income inequality actually exists, or is a problem, or who's to blame, or what role – if any – government and private industry can play, and more importantly, what choices individuals have to correct the situation in their own lives.
The Poor Can Save Capitalism
There's another, more pragmatic, way to view capitalism, which fully embraces the power of capitalism to transform lives, while simultaneously appealing to the great American tradition of compassion and common connection.
The poor can save capitalism, a completely counter-intuitive idea to many.
Watch the 4-minute movie on How The Poor Can Save Capitalism here.