----------------------------------------------------------------------------------
Intent of capitalism defined: opinion based upon Adam Smiths texts in the Wealth of nations.\\ circa 1778:
"...........Trade
and marketing under the guise of Capitalism, is as a tool, more rightly
designed for the benefit of the entirety of a society. However one must
be always wary of the merchants enhanced abilities over the ordinary
citizen, via their benefits toward the accumulation of greater wealth,
to widen the market to their own designs, which may well stand against
the good of the society's structure itself.........."
July Posting for economics section; www.jamesconvey.com ............." An Alternate Economic Universe is unfolding"........( Let's get it right this time)
There is indeed an 'alternate universe' developing beyond the influence of the once mighty Anglo America capitalist system. The
Global market has been stripped, or some say perhaps even raped,
primarily by the Anglo/American capitalist model of trickle down,
'laissez faire' idiocy, which dominated all trade and manufacture in the
present era.
In trying to reset the timer, the new emerging economic Asian powers, together with Europe and other stronger economies, Turkey, Russia Brazil, etc, will demand and are already in the process, of setting the stages for a new, more rigidly monitored form of capitalism, to serve common unfolding 21st century economic realities!
