In the News (an editorial from Asia Times):”Inflationism: Bane of capitalism” Wall Street finance was a destructive force imperiling our capitalistic system through the distortion of market pricing, spending patterns and resource allocation. …The effective pricing and distribution of finance throughout an economy are fundamental to the long-term success of capitalistic systems. …The focus should be on supporting the financial and economic systems toward a path of much less dependency on credit growth and the asset markets.
My Comment: People are still living with outdated theories and ways of thinking. Until they reject them, they won’t be able to shift to a new communications system and to build new economic relationships – and the crisis will not end.
The crisis is a demonstration of how far we are from being a global, integral, perfect society, where each member is guided by the quality of “love your neighbor as yourself.” We have to begin moving toward this state. Our delay in this development, our disparity with nature’s conditions, is what we feel as a “crisis.”
To the degree we will begin to adopt the correct, integral social structure, the “crisis,” or our dissimilarity to the Creator’s quality, will vanish. It seems unrealistic that humanity will develop this way, but nature will “force us to happiness,” and this will happen very soon!
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