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 At the outset I would say that I consider myself to be neither a Communist or a Capitalist but an individual that would prefer to live in a world that defines and adopts the best virtues of both social extremes and that is somewhere in between. A society where there is still incentive to succeed and is benevolent enough to support those in society that are unable to succeed.

I am sure that many citizens of the USA, the doyen of pure capitalism, felt a great sense of satisfaction when the brand of communism practiced in Russia failed. Proof positive that Capitalism is right, after all it won the day. It’s ironic that the brand of capitalism many Americans have been brought up on has now also failed.

Human beings are by their very nature social beings that live in communities. So it follows that anyone of any political persuasion who lives in and accepts the benefits of living in a social community is by definition both a socialist and a communist (in the sense of a person living in a community).

Before I go any further, let me say that the above statement was intended to be provocative, for no other reason than to make a very significant point. Social (socialism) and community (communism) are not dirty words, on the other hand capitalism as currently practiced and in the light of the current financial debacle and fraud revelations, has become a very dirty word.

A ‘quick-fix’ of the current flawed system is unfortunately necessary to avoid a complete collapse, but we must not lose sight of the fact that the system failed and needs to be fixed. It’s perhaps time to consider what sort of society we want in the future. The corrupted brands of communism and capitalism that have been ‘tried out’ over the last century have virtually all failed. Why? Well in my opinion they failed for no other reason than because they were extremes.

Communism, in the sense that it starts with the premise that everyone is equal, is doomed to fail because in fact everyone is not equal. A society needs to be structured in such a way that each individual has the freedom to achieve his or her own level in society based on their ability, appreciation and ambition. At the same time the system has to be structured in such a way that there is no way that the system can be exploited for excessive personal gain to the detriment of society as a whole.

Never forgetting that because we are communal social beings we have a responsibility to ensure that everyone, irrespective of ability, enjoys a standard of existence that the incumbent society can afford.

On the other hand capitalism in its purest form is doomed because it assumes we do not live in a socially interactive community and success is measured by greed, acquisition and a desire to gain at the expense of individuals in the community and the community itself. The current astonishing lack of control in the modern capitalistic system allows individuals and groups of individuals to exploit the ever changing elements of the system in order to acquire disproportionately large amounts of wealth from others with a complete disregard for the social consequences.

A free market is OK providing there are rules. In the same way that we have social rules that outlaw murder, rape and revenge killing so there should be rules to prevent excessive financial exploitation of the social system for personal gain at the expense of the community.

Pure Capitalism is as socially abhorrent as pure Communism.

The number of billionaires in the world now is not a measure of their success but a measure of society’s failure. For so many individuals to be allowed to accumulate so much wealth, wealth that cannot possibly be spent in any individuals lifetime, is a symptom of a society in need of a complete makeover. Their gain is always somebody elses loss, you need look no further than the hungry millions in Africa.

The level of technical expertise and real wealth producing capability the world is able of achieve NOW is more than enough to eliminate poverty, hunger and disease worldwide. The wealth just has to be managed effectively and distributed fairly.

We are social beings, so let’s start being sociable.

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