The Capitalism Conundrum

Lisa Witter is the chief operating officer of Fenton Communications, the largest public interest communications firm in the country. She heads the firm's practice in women's issues and global affairs for clients including Women for Women International, MoveOn.org, the William and Flora Hewlett Foundation, the David and Lucille Packard Foundation, the American Medical Association, the American Lung Association and many others. She is a co-founder of the award-winning website SheSource.org, an online brain trust of women experts to help close the gender gap among commentators in the news media. She was honored as an outstanding activist and expert on women's issues by Oxygen.com for her work on a national campaign against privatizing Social Security during the 2000 presidential election. Lisa is a blogger and political commentator with her work appearing on MSNBC, Fox News, The Huffington Post, AlterNet and Anderson Cooper 360. In 2004, she was a contestant on the Showtime reality show American Candidate. Witter is co-author of The She Spot: Why Women Are the Market for Changing the World and How to Reach Them.

She is on the advisory board for Indianapolis University's Women and Philanthropy Institute, Pop!Tech, Momsrising.org, Women for Women International and Climate Counts.

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TRANSCRIPT

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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