CAPITALISM IS PREDICATED
ON GROWTH
Capitalism works on the principle of interest. Lending money. They invest (lend) money to a business. The company grows and turns a profit and pays back the loan with interest. The Capitalist profits.
For Capitalism to succeed they must lend money so they can collect interest.
Un-fortunately the planet is reaching capacity and can no longer grow. We must transition from a growth economy to a sustaining economy.
Bad news for capitalism. There will be a retraction..reduction...correction
You know how the universe likes balance.
This might not be a pleasant experience
for everyone.
Writing about this brought back memories of an un-pleaseant time in my life.
If was living on a sail boat outside of Charleston, S.C. I had gotten thirteen tickets in four months as a cab driver. Ruined my life. I lost my car and was un-able to pay my rent of a miserable hundred and twenty five dollars a month.
To survive I'd hop on my bike and ride an hour an half thru brutal heat and humidity. (It was right on the water. They called it the low country. I called it the very low country) to draw qwik sketches on a pier in the tourist area.
It was such an ardous trek that I would brake it up with a beer stop. I was sitting on a log in the woods thinking about my situation. Nobody cared, not a Christian, Jew, Buddhist, Muslim, Democrat, Republican, black or white etc.
I thought to myself. If nobody cares that I was where I was at, then I didn't care if they had to join me.
Along came Bernie Madoff. I heard some woman was devestated because she lost eight million dollars and only had a million left to live on.
Breaking my heart.
A little suffering does a lot of good. A lot of suffering really builds character and opens your heart to the plight of others.
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