Lisa Witter: Well I think the biggest problem we have globally is that capitalism has sort of run amuck and I think that we need to figure out how to continue to have growth without using up all of our natural resources. I think that is a real, you combine capitalism with global warming, it’s a real problem and when I say capitalism I’m not just talking about the way we make money, I’m talking about the way we relate to each other in very transactional ways, you know, it’s funny, you know, I feel like capitalism has replaced religion in some ways, it’s changed the organizing principal about how we interact, about how we think of our time and so I think we need to ask some more questions about how do we make this very powerful economic system work to have the type of world that A you wanna leave for your children but that works for you. I’m not saying that capitalism isn’t the way to go, I actually think it is but I think unfettered, you know, unregulated, out of control capitalism, that’s not the answer either, and I don’t think that was ever the intent. You know, I think that they figured the government or some sort of body would come in and say “Okay what’s working, what’s not working, what’s good, what’s not good?” and sort of muck with it, I’m a capitalist, but I’m not a free market at all cost capitalist. I mean just look at ethanol prices, I mean just look at the impact, look how capitalism is completely raping the land, it’s not working, that doesn’t say trash it, it just says let’s modify it and fix it. Well I think the biggest problem we have globally is that capitalism has sort of run amuck and I think that we need to figure out how to continue to have growth without using up all of our natural resources. I think that is a real, you combine capitalism with global warming, it’s a real problem and when I say capitalism I’m not just talking about the way we make money, I’m talking about the way we relate to each other in very transactional ways, you know, it’s funny, you know, I feel like capitalism has replaced religion in some ways, it’s changed the organizing principal about how we interact, about how we think of our time and so I think we need to ask some more questions about how do we make this very powerful economic system work to have the type of world that A you wanna leave for your children but that works for you.l I’m not saying that capitalism isn’t the way to go, I actually think it is but I think unfettered, you know, unregulated, out of control capitalism, that’s not the answer either, and I don’t think that was ever the intent. You know, I think that they figured the government or some sort of body would come in and say “Okay what’s working, what’s not working, what’s good, what’s not good?” and sort of muck with it, I’m a capitalist, but I’m not a free market at all cost capitalist. I mean just look at ethanol prices, I mean just look at the impact, look how capitalism is completely raping the land, it’s not working, that doesn’t say trash it, it just says let’s modify it and fix
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Top Student on August 18, 2008, 3:48 PM
What a terrible example to give about capitalism's supposed failings…Ms.Witter needs to be reminded that ethanol was not a result of capitalist decision making, but g-o-v-e-r-n-m-e-n-t decision making…in other words, what she thinks is an awful thing is a result of the decision making of the people that she would put in charge of regulation/decision making…
One also has to appreciate the "straw man" representation of capitalism by her saying that she is not for "out of control capitalism"…well who is…but then again who is to say that unregulated capitalism is out of control capitalism…
Top Student on August 18, 2008, 7:48 PM
What a terrible example to give about capitalism’s supposed failings…Ms.Witter needs to be reminded that ethanol was not a result of capitalist decision making, but g-o-v-e-r-n-m-e-n-t decision making…in other words, what she thinks is an awful thing is a result of the decision making of the people that she would put in charge of regulation/decision making…
One also has to appreciate the “straw man” representation of capitalism by her saying that she is not for “out of control capitalism”…well who is…but then again who is to say that unregulated capitalism is out of control capitalism…
William Sellers on September 28, 2008, 10:09 AM
I think Ms. Witter has some interesting ideas. But this one didn’t seem to come across very well.
When she refers to unregulated capitalism, I don’t know if she thinks we need more regulation or just actual enforcement of current regulations.
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