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Reinventing Capitalism: Putting Soul in the Machine

1 pointsby donnaabout 16 years ago

1 comment

russellabout 16 years ago
Howard Bloom thinks capitalism is getting a bad rap; what we need is messianic capitalism. Every day we praise the food we can do for our fellow man. His heart is in the right place, but depending on the goodness of corporate board members isnt going to do it. Both democracy and corporations are much too susceptible to the aggregated influence of money. Aggregated influence creates "too big to fail banks", senators for hire, and Microsoft-like bullies.<p>We also have an enormously creative and productive society that encourages things like the YC entrepreneurs, or Google, or even Microsoft. The enormous challenge is to keep the creativity, productivity, and personal freedom while preventing undue influence. Personally, I dont think fine tuning a chaotic environment is possible, but maybe mitigating damage to individuals is. In any event I dont think Howard has the answer.