Capitalism may work in an emerging society but a technological society such as ours has no place for capitalism.
Capitalism brought us consumerism that wastes resources and energy making things that break quicker so you buy more. This is only good for filling landfills.
Capitalism brings us to the ultimate consumer product, the bomb. This product is the favorite of industry as it self destructs and you must then buy another one. Not only does it self destruct, but it destroys products, building and people as well. That means more products to sell and more money to make rebuilding and less people the greedy have with whom to share the planet.
Capitalism brings us eco-disasters like the destruction of the rainforests and the destruction of thousands of species every day.
This would all stop tomorrow if it were not profitable for somebody and if we ended Capitalism now, people would no longer build useless wasteful products and engage in systematic destruction of civilizations and uselessly exhaust resources and energy. We live in a technological world where very few people could feed and house everyone.
We could have a merit system where those who do work could have some greater percent of income over those who do not work.
Taxation now, not to level the playing field, but at least to bring relative wealth poorest to richest into a reasonable ratio.
This would require first nationalization of the banks and the industries that currently exist. Some credit to the current owners or investors could be calculated that would give them perhaps up to 100 times what the poorest person gets.
The bottom line, everyone lives easy. No more war. No more needless suffering. No more politicking where only science and reason should tread.
No more rushing pesticides through the FDA for the profits of some chemical corporation before we KNOW how much damage it will do to the bee population and to thereby the world food supply.
No more rushing GMO's or GE's through the FDA for profits of some chemical corporation before we KNOW how much damage it will do in the long run to the environment and to people.
Without the driving profit motivation, the planet can be managed intelligently. Currently as a result of the profit incentive it is being managed in a suicidal way.
The time has come to move down this road to end capitalism as we know it before it is to late. The time has come to take the first step to create a society where no one is hungry or homeless and no one profits off waste and abuse. Let us all work together to assure that never again will anyone profit from making the planet a deadlier place to live!!!!