http://www.globalpolicy.org/globaliz/define/kism.htm

Highlighted by daveduarte

Capitalism's ideal is a borderless global economy in which money and goods can be moved freely in search of short-term maximum profits without regard to the consequence for people, communities and nature.

Highlighted by daveduarte

The operation of the present capitalist system illustrates how it is dedicated to making money to the exclusion of all other interests.

Highlighted by daveduarte

One certified public accountant and professor at Washington DC University developed an inventory and came up with estimates of the cost the corporations impose on US society each year through such things as defective products, unsafe working conditions and environmental discharges. That estimate was 2.6 trillion US dollars a year. This is 5 times the corporate profit and constituted 37 per cent of US GDP in the relevant year (1994).

Highlighted by daveduarte

The pattern in each of these instances is to subordinate the interests of people to the interests of money.

Highlighted by daveduarte

This raises the question of where capitalism based as it is on the fundamental human nature of greed, is capable of being changed. A relevant point is that human nature is not limited to greed but extends to good will, love, generosity and the like. Moreover, the general view appears to be that there is nothing inevitable about capitalism; that is, in fact, planned in the board-rooms of corporations; and that it can be changed if there is sufficient will to do so

Highlighted by daveduarte