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THE ECONOMY & YOU # (Daily Updated Videos & Articles)
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What is "Moral Capitalism"?by William Bowles January 27, 2012 williambowles.info PM Cameron's call for a "moral capitalism" would be laughable if it weren't so tragic and hypocritical. After all, hasn't it been capitalism's alleged occupation of the 'moral high ground' what they now choose to call 'humanitarian intervention' that has been used as a justification for mass murder and genocide? But plainly the millions killed and the countries decimated don't fall under Cameron's definition of what is and isn't 'moral'. Clearly, it's for 'local consumption' only.What it does epitomize is a desperate capitalism that has just plain run out of excuses for the world's desperate state of affairs. After all what does 'moral capitalism' really mean? The rich sharing their wealth with the poor? Fewer crooks and gangsters in government? An end to crony capitalism? The end to a political class that works solely on behalf of capital? Examining Cameron's vision of his capitalist 'morality' a little more closely and it's clearly empty, meaningless rhetoric as the following excerpts demonstrate: - "He used his speech to discuss his vision for a transformed capitalism, based on two principles "which have been at the centre of Conservative thinking for centuries"." - ""The first is a vision of social responsibility, which recognises that people are not just atomised individuals, and that companies have obligations too." - ""And the second is a genuinely popular capitalism, which allows everyone to share in the success of the market."" CONTINUE: [link to globalresearch.ca]
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