You could loose all your money in some years. World as-is will find (or create) it’s own end in no time. The world is home to different people and ideas, yet there is a system that rules supreme these days: Neoliberal capitalism. I believe that our world needs to change, we must work to find a way to save the planet from man’s (excessive) exploitation of nature, and to give equal opportunities to everyone.
Capitalism does not exist on all countries, but it does on most. Capitalism has existed since long ago. Near the end of the middle age traders acquired enough money to have more power than nobles, they were impoberished and some even sold their nobility titles. At some point nobles had to change their system, trading became vital for “nations”. It is correct to think that capitalism’s most important factor’s are private property and market, but there is another factor. That is government’s administration, with a ruling body that makes sure the competence is fair, and viable. Sadly, these “rules” imposed by the government fail to guarantee a safe and fair system.
Most of the resources on the world are in hands of an small amount of people, the so called “1 percent”. The ideology of capitalism shouldn’t be what it is today. Michael Pirson, director of the centre for humanistic management and assistant professor at Fordham school of business, he believes that “capitalism has got off the track” of what it should be, a wealth maker not at expense of others. Added to that we have contamination; capitalism makes industry need to extract and produce as fast as possible, yet there is barely any control over how much can they extract, to the point that there is nothing left for other small business to grow, or for the environment to recover. So we have corporations that get involved in politics to extract to the point of destruction and to take out of the market any other competence.
We got problems, but how can we fix them? It is indeed possible. But what say experts? In the book “From Capitalistic to humanistic business” Michael refers to the opinion of various serious scholars and activists, that they spect that the failure of a system could bring two consequences: Crisis or revolution. In a crisis, “the system is near to collapse or has collapsed.”, and there are changes, this usually leads to the removal of excessive benefits to corporations and sometimes to their destruction. In revolution, usually by violence, corporations are (often) destroyed. I believe that the solution is a government completely separate from business, which regulates business’ power, and determines a limit (yet not outlawing it) to exploit nature.
World is sick, and we must help to heal it. We must not shut up when we see injustice, corruption, contamination, etc. As I said, it is possible to change. It is possible to save the world. Some corporations destroy without stop nature and make other human being’s lives miserable. We are not “alright”
Sources:
Book: Conceptualizing capitalism – GM. Hodgson
Book: From Capitalistic to Humanistic Business – Michael Pirson
Book: Do new leaders make a difference?: executive succession and public policy under capitalism and socialism – Valerie Bunce