Tuesday, 28 August 2012

After Capitalism? “Nice Capitalism” ... of course !!

Economist Jayati Ghosh has seven dreams for an ideal society, which would root out inequality but preserve cultural differences. You can see the relevant video in Guardian here. She is one of the world's leading economists, professor of economics at Jawaharlal Nehru university, New Delhi, and the executive secretary of International Development Economics Associates (Ideas). What a pleasure to see today such leading figures in economics to embrace ideas presented in a book published in 2008 , before the economic crisis, that forecasted the turmoil .. Have you read the book “Nice Capitalism” ? The book was proved prophetic, since with his own way ( and with it’s underlined message “Nice Capitalism…WANTED! ) forecasted in time the collapse of the American economic hegemony and it’s model of “Selfish” Capitalism - characterized by greed, arrogance but also indifference for the increasing inequalities in the society - and the supremacy of “Nice” Capitalism that is adopted mainly in countries of Europe , based on the ancient Greek – centric idea of “metron” (measure) in life. 

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