Daily Archive for February 16th, 2009

A New Qualitative Capitalism Part I

This is the first of two posts on changes I think need to be made for a new, more sustainable economic and social system. The full article exploring these interventions was published in August 2008 on Goldmau.com.
Davide Accomazzo
Davide Accomazzo, MBA

Last year, I wrote an article titled The End of Capitalism as We Know It. As we witnessed the collapse of many widely-held beliefs about our economic system, it seemed appropriate to take a moment to reflect on the underlying dynamics. In all fairness, the philosophical approach to such analysis had been floating in my head for years. Since the early part of the last decade, I had uncomfortably witnessed the unstoppable force of mass consumerism and economic leverage take over every aspect of our system in complete disregard for the social aspects. However, it was not until this recent “quantity over quality” takeover engulfed the cultural fabric of our society that I started to really question the future viability of Mass Capitalism.

In this analysis, I explore four concrete areas of intervention for restructuring the imbalances of today’s capitalism and morphing it into a more sustainable social system—what I call “Qualitative Capitalism.”

  1. Monetary Policy
  2. Globalization Management
  3. Education
  4. Disclosure and Transparency in the Regulatory Process

Continue reading ‘A New Qualitative Capitalism Part I’

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