Publisher's Synopsis
NU ECONOMY IN A NU AGE From Classic Capitalism to Kind Capitalism The purpose of this book is to offer ways that we can transform what we will call "Classic Capitalism" into what we will call "Kind Capitalism." Indeed, Classic Capitalism is the greatest economic system the world has ever seen. Certainly in its ability to create wealth, it is unchallenged; and because it has created incomparable wealth for us as Americans with 25% of the world's produced goods when we have 5% of the world's area and 5% of the world's population, we are the new wealthy aristocracy, and we should honor capitalism for its accomplishments that it passed on to us. However, capitalism's Achilles Heel is that it does not have a conscience, so it has created in our country ten million millionaires and 400 billionaires, wallowing in wealth with poverty all around. Capitalism allows the following social injustices to exist at the same time that all these millionaires and billionaires are among the wealthiest people in the world--the top 1%: One child dies of starvation about every ten seconds somewhere in the world, which totals about 9,000 per day and about three million per year; one child dies from contaminated water about every 20 seconds, which totals about 4,500 per day and about two million per year; and one child dies from malaria about every 30 seconds, which totals about 3,000 per day and about one million per year. A nutritional packet developed by the United Nations could provide each child the nutrition they need every day for about 17[; a chemical packet could provide each child the purified water they need every day for about 10[; and a $10 malaria net that last three years plus medicine could protect a child from malaria for about $1 per day. These expenses do not include the cost of delivery like by our expanded Peace Corps program, or by dropping them from a helicopter. THE BENCH MARKS WE NEED TO HAVE PEACE ON THE PLANET AND TO DEFEAT GLOBAL WARMING Each child must know that it is born with the birthright to at least a 17[ packet of nutrition each day, at least a 10[ packet to purify their water each day, and at least a malaria net plus medicines worth about $1 per day; and they will know that they are worth at least this to their planet when they have them and they see that every other child has them, too, so that no child dies from these causes ever again. Until we have achieved these bench marks toward peace and the defeat of Global Warming, we won't have a planet that is capable of working together sufficiently to live in peace and to save the planet from ecological destructtion. Until then, the gap between the rich and the poor will be too wide to generate that cooperation that we need. Therefore, these are the first benchmarks that we should seek to establish before anything else; and the accomplishment of these bench marks should be paid for by our richest citizens and our richest nations. That's US.
