In search of Capitalism
by Macauley on March 23rd, 2007
Author Benjamin Barber says the American economy has taken a wrong turn toward encouraging consumption ‚Äî and that’s not what capitalism was supposed to be about.
The problem is, today we have not a productivist economy but a consumer economy. And the emphasis today is not on production, but on consuming. And you’ve got a capitalism which is producing an awful lot of goods which are chasing very few needs, while real needs are going unmet around the world.
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