capitalism

Tan Kin Lian

Sunday, June 08, 2008
Financial Speculators
There is a growing body of opinion that financial speculators are the major cause of the large increase in oil and commodity prices. These new financial bubbles will burst one day. In the meantime, the speculators make a lot of money and the ordinary people have to pay for their greed, through the high inflation and cost of living. The capitalist, free market system is falling apart. It will not stay long in this manner.
Posted by Tan Kin Lian at 10:32 AM


SingaSoft said...
Capitalism will never fall a part.

It is the best system in the world so far to create material well-being.

Capitalism is about nature. Nature that human is a selfish being. The law of nature takes place in capitalism world.

You see, communism idea is noble one, but it could not work to produce material well-being because it goes against human natures.

So I think capitalism is still the way to go to improve material well-being, to grow the economy, to produce more things, to improve productivity, etc.

But we need some right dose of buddhism teachings...being compasionate, consume only what is needed, avoid killing (even animals) and to control our own mind (human biggest enemy is our very own self)...



Tan Kin Lian


Saturday, June 07, 2008
What a wasteful world!
AN OPINION.

We are a wasteful world. We bring people from the rural areas into crowded, congested cities. They spend several hours each day commuting to and from work. A lot of time and energy is wasted in this commuting.

We produce material goods that are excessive for a comfortable life. We have too many products and choices. We buy too many things that we do not use, to be thrown away. We keep producing more, and use up the limited materials and minerals.

We work too many hours in an excessively competitive environment. We compete to survive. We destroy our competitors and take over their assets. We have too little time to enjoy leisure.

No wonder - we are short of oil, minerals and food. We see the huge spike in prices. It will lead to more hardship on the poor. It may lead to unrest.

The capitalist, free market system has not given people a good life. It is time to re-think of a new model for the world.
Posted by Tan Kin Lian at 11:40 AM


SingaSoft said...

Interesting idea.

I'd suggest capitalism with Buddhism nature...Bhutan might be the model of the rest of the world..

Always compete and think of better ways to outdo your competitors, but compassionate at heart, wise to consume and use only what is necessary....