Making up for the sins of Capitalism

 “It is soulless, exploitive, inequitable, unstable and destructive, yet also all- conquering and overwhelming.”

Capitalism and its Critics: A History from the Industrial Revolution to AI

By John Cassidy

     This is one of the best descriptions of Capitalism I have read recently. The only thing it leaves out is that Capitalism regularly destroys itself and has to be rescued with huge infusions of human labor (money). But Capitalism is so appealing to humans that it is allowed to continually transform and conform to new demands and circumstances, even though it is inherently unstable and destructive.

     Like the charming self destructive uncle who is so entertaining with his stories and wild money making schemes, no one wants him to stop. It is so much fun! For a few people. And all it takes is a few people to keep Capitalism going, approximately ten percent of the World population, the richest ten percent.

     That Capitalism has lasted and spread is testimony to its ability to keep adapting and improving on its main strengths: soullessness and exploitation.

     As a species we have become, over approximately 500 years, completely adapted to Capitalism. No matter what it distorts, destroys or lays waste to, it has captured our imaginations like a religion. We won't be saying goodbye to it anytime soon. But there is an antidote. We can make up for some of its most destructive symptoms with a Parallel Currency that is used only for basic human needs, food, shelter, education and healthcare, Worldwide. Some countries are already trying to do this with their tax structures and laws but a Parallel Currency would do this without taxation or inflation. It is a separate currency that can only be used to provide basic needs and is destroyed when it reaches a bank; it will not create inflation. It also will not inhibit the positive capabilities of existing currencies. They will continue to function as they usually do. The Parallel Currency is a closed loop created for the dignified survival of humanity.

     Freedom of speech, freedom of religion are not enough. A government by the people and for the people must also guarantee freedom from starvation, ignorance and curable illness, all things as a human species, over thousands of years, we have developed remedies.