Robert Reich offers a ray of hope that some form of capitalism can actually remain in place, once enough people, especially those in the .001% realize that only when all humans count as of value can any of us truly thrive. To this end he distinguishes between stakeholder and shareholder capitalism, arguing that the first prevailed up until the 1980s when “greed is good” took over and ran amuck.
Is Reich naive? I.e., is “reform” possible? Or is revolution the only “solution” to what has gone so wrong. I’d say it depends on whether or not the majority of people realize that the chaotic headwinds now pummeling the globe can only be dissipated if even the wealthy realize what’s truly at stake. On the other hand, Nafeez Ahmed in the Guardian argues that
Henry Jackson Society’s pre-emptive PR offensive seeks to popularise parasitic economic growth for the few
An NPR story about the conference —
ends like this:
Conference organizer Rothschild says there will be follow-up with all of the delegates, but she made a conscious decision not to ask for any commitments up front.
“Even for me,” she says laughing, “I thought that would be a little pushy.”
Pushy? Ye gods. How much time do we have before the world blows up?