ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

Ethical Capitalism.

Updated on August 12, 2014

Ethical Capitalism.

Since the Cold War and the aftermath of World War 2, a virulent strain of capitalism has been implemented throughout the globe, starting in America. Professor Naomi Klein dubs it "Disaster Capitalism."

See here for further information: http://www.naomiklein.org/main

Aggressive acquisitions from large international corporations, compliant forms of deregulation and loosening of governmental restrictions on ownership led to an unfettered growth in multinational companies.

Since the 1980's. This has increased exponentially. A meteoric chasm that widens and sunders them from the vast majority of the populace with the tectonic shifts of boom and bust alike. Dissatisfaction with this from the 99% has grown more pronounced since the latest financial crisis of 2008. There is the widespread notion is that 1%, who hold a disproportionate share of the wealth, are the architects of the crisis. Building foundations into a marsh, causing them to sink, masonry breaking apart in the bog rotting amid the skeleton ruins of it's deluded splendour. Despite this utter failure, the poorest of society are ostensibly to blame in their view and bear the brunt of austerity.

What the wealthy fail to see, is the long game, in terms of humanity and not finance. Is that the vast supply of manpower is needed more than ethereal wealth. Accruement endlessly of money will soon grow so inflated that it will collapse in on itself (if it hasn't already), resulting in a chain reaction of catastrophe, war and famine. To stop this, a more egalitarian method needs to be devised.

Ethical Capitalism already exists as a neglected cousin of it's Laissez Faire relative. Fair wages, workers allowed to become partners in the business they work, Co-operatives. If there existed such an all-pervasive stance to fiscal processes, perhaps we could exercise greater control and reap far more monetary and societal rewards as a result? If Ethical Capitalism allowed for a larger proportion of wealth distribution among the population. Companies giving such to their employees, could surely be beneficial not only to workers, but to the owners of the companies. Greater wealth distribution leads to further prosperity, education, increased health. Education and more attention to health will more than likely lead to enhanced vitality for all the world.

Why is this such an aberration to the financial elite? Surely a more fulfilled worker is a more competent worker. Leading to the drip down effect of a more fulfilled society and global population. The reason, because a more enlightened society is a more powerful one, it will hold those in control of the money and political elite to account. As a powerful 99%, this enlightened populace would hold the power... the truth is, we actually do. We are as entitled to the fruits of the earth as the wealthy. But they won't fall into our laps...

© Brad James, 2014.

A Little Old, But It Still Applies.

Comments

    0 of 8192 characters used
    Post Comment

    • profile image

      Howard Schneider 

      4 years ago from Parsippany, New Jersey

      I totally agree with you, Brad. It seems that most businessmen subscribe more to Gordon Gekko's mantra, "Greed is Good", from the movie, Wall Street. We are in the middle of a very horrible period of corporate culture. Hopefully it changes soon but I doubt it. Great Hub.

    working

    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://hubpages.com/privacy-policy#gdpr

    Show Details
    Necessary
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
    Features
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Marketing
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Statistics
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)