Capitalism reflects positives in the human psyche- power, growth, efficiency and the competitive drive and hence it has built the industrial and the post industrial society since the 1750’s. Socialism and Communism had an opportunity to play its cards with the Soviet experiment for 70 years; proved to be a success in its patches and crumbled under its weight of militarization and authoritarianism. It was dictatorship of the proletarian structure in the USSR and Eastern Europe than anything. Capitalism drives greed and has lead to financial meltdowns during the great depression, the Asian Financial Crisis and the Sub prime debacle over the last two years, Rubini- The doom guru saw it coming but no one else sadly. Capitalism has lead to enormous transformation in lifestyles but also has increased the gradient between the have and the have nots.
Social Innovators such as Ashoka and the Microfinance pioneer Grameen have done good work, but with recent failures in India with SKS under the scanner and the Bangladeshi Government ousting Dr. Yunus from its CEOship.. This movement is also under the scanner. There are tiny success stories of social innovators all over the globe, creating an impact one community at a time. The Asia Impact Investment Exchange pioneered by Durren Shahnaz- a Bangladeshi social innovator creating a platform for social businesses to raise funds.
The fundamental question is not addressed- there is a gulf between conventional profit based businesses and the non profit organizations who try to do good under fiscally constrained circumstances. Why is there a 12 inch gap in thinking between the heart and the head?
The hallmark of a successful society is help those who cannot help themselves. We are living in carbon constrained times as well. We are brewing a perfect storm, its the calm lull prior to the calamity. We need to be a more human society, get our values back in place. We need incentives for creating happier families, a healthy climate and grow sustainable.
We need to re-boot our system or the CPU is going to crash very soon.. the earth’s processor is over stretched and the human intellect is rising but not the soul, its shrinking…We need more RAM into our real motherboard- The spirit and the soul… for the entire technical framework to have upgrades