In spite of all the issues I face as a lower middle class American I am wealthy beyond the wildest dreams of avarice of an amazingly large segment of world society so believe me, I'm grateful every day for my ancient car, my job, my health insurance, the roof over my head, and the food on my table. But I don't have any illusions that we have a long way to go.
Economic equity, balanced with environmental responsibility, must be humanity's goal for the next 20 years. Sustainable agriculture, fair trade practices, and the establishing of green economies will make it happen. But it will require the world's corporate conglomerates to change the culture of their think.
I don't dispute that corporations exist to make money, but if they can't do it without going China with lead in toys, defective products, and poisoned pet food then they will suffer with the loss of market share. Shoddy standards allow for lowered expenses and short term profits, but down the road it's bad for business. The collapse of the credit and real estate markets, along with the sub prime lending fiasco has led us into a recession (anyone saying we're not in one is just trying to avoid mass panic) world wide. But in the end, the billionaires will be fine. Don't cry for them Argentina. It's the masses, on whose backs the billionaires make their fortunes that will suffer. In the end they will buy less, and the billionaires will make less money (unless they work for Exxon apparently). In my mind it's stupid not to inject quality products, made by workers getting a fair, living wage, into the market place. But then, I'm smart enough to know that nothing gold can stay. Maybe one of these days it will become common practice...but I'm not holding my breath.
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