Tuesday, June 1, 2010

The west re-examines the rat race

from the Financial Times. This site requires registration, but it is free. 

Could it be that capitalists are starting to question the system that brings them so much wealth and power? Would they give it up to secure a healthy and sustainable planet? Read this for some answers.
For better or worse, it seems unlikely that many western politicians, outside the environmental movement, will repudiate the pursuit of economic growth as one of the goals of public policy. Some have occasionally toyed with this thought. In 1979, US President Jimmy Carter made a speech in which he argued that “owning things and consuming things does not satisfy our longing for meaning”. A year later, he went down to defeat to Ronald Reagan, whose most effective electoral tactic was repeatedly to ask Americans if they felt better off than four years previously.