What Works and What Doesn’t
According to protestors at the G20, capitalism doesn’t work.
It certainly works better than anything else that has ever been tried.
It seems odd to me that people complain endlessly about the government, and then some of those very same people claim to want a system in which everything is run by the government, and everyone works for the government.
Of course it’s true that some people, and some parking meters, make obscene amounts of money. Sometimes markets are manipulated and the poor suffer. There will always need to be safety nets for people who cannot cope, or who are inveterately lazy.
But encouraging people to use their abilities to help themselves and those around them works. It is a way of doing things that has resulted in living conditions for most people around the globe – clean water, good food, access to education and medical care – that even royalty would have been envious of 200 years ago. And it has enabled the building of a world community in which it is possible to respond to disasters and other great needs quickly and generously.
But the protestors are right – another world is possible. A cold, dark, hungry world. Like North Korea.