subject: CAPITALISM IS DEAD - AND WE NEED TO LOOK FOR ITS SUCCESSOR NOW! [print this page] CAPITALISM IS DEAD - AND WE NEED TO LOOK FOR ITS SUCCESSOR NOW!
The entire capitalist system is about to be destroyed as a result of those who have done wrong investments and do not have be accountable for their actions
The speculators can destroy everything as the system is working at the moment.
The worst is perhaps the rescue packages we see in 2009 and 2010. This only aggravates the situation.
It is not susteainable to maintain a social system where 0.01 percent of the population walks away with the profits.Therefore the logic is, why should you give rescue packages to maintain this system?
The working population can not, must not and shall not take the responsibility and be accountable for the elite who have made mistakes.
Rebuke politicians
Across the civilized globe, politicians lashed into either oil fund, equity investments or bonds, either as issuers or owners. Instead they should have performed the basic tasks of the population which are the involuntary victims of the financial game in which they are dependent on how the stock exchanges goes.
We should be critical of the action U.S. authorities inititated when several major U.S. banks were rescued by the U.S. government when the crisis came. The banks should rather have gone bankrupt.
They should just let these banks go straight down. One would have chosen the Scandinavian model of the state control of banks so that the state and therefore the people were left with the win. The Scandinavian debt eradication of Norway, Sweden, Denmark and Finland in 1992 was a huge successand should have served as a class one example of how it could have been done.
For all countries around the world the prime questin will be: How we can save our best for the next ten years and how we can leverage our resources and our advantage on world markets best. One of the answers to this would be by increasing effort in the education system all the way down: hiring more teachers, more skilled teachers and several professorships and focus on real added-vallue production in each country to benefit humanity and not a financial model.
We must all work with what we are already good at, we are all unique in the world. We must be even better at it.
It always begins somewhere and i do not see how some of these countries in trouble today will come out of it. Greece, Spain and Italy have given up power over the money. Imagine if a country had given away their central bank, where they can sit and fine-tune their economy.
Stig-Arne Kristoffersen has a background as civil engineer and geoscientist. He has worked mainly within the oil and gas industry from the mid 1980s. He has written a few fictional novels as well as being the author of some professional litterature within oil and gas sector, he act as a writer to various web sites.
