PSSST...THAT IS CAPITALISM...:

This epochal crisis requires us to resolve the paradox of capitalism: At work, we're told to be diligent and disciplined; elsewhere, hedonistic and self-indulgent. We need a sustainable model (Timothy Garton Ash, 5/06/09, guardian.co.uk)

What do we want to see emerge from the greatest crisis of capitalism for 70 years? If I had to answer in a single phrase, I would say: new models for a sustainable social market economy. This requires us to change as well as our states.

Capitalism will not end in 2009 as communism ended in 1989. It is too deep-rooted, too diverse and too adaptable to suffer such a sudden death. There are far more varieties of capitalism in the world today than there ever were of communism, and that diversity is one of its strengths. The rainbow reaches from wild west to wild east, and extends to major national variants of a market economy, such as China, that purists would say are not capitalism at all. So some versions of capitalism will weather the storm; others will be left in ruins or at least very substantially transformed.

See, Darwinism actually works in systems with intelligent design.

Posted by Orrin Judd at May 30, 2009 6:25 AM