I love the idea of prohibiting public corporations, but as the author says, that will never happen. If people could still negotiate to buy part of companies, but not have the rapid buy/sell cycles made very easy, then that probably would stabilize things and put more emphasis on long term productivity.
The elite do have a balancing act here: their children and grandchildren need to live in this world so they must somehow balance their greed with maintaining the world in some sort of livable state.
One thing the author left out: we need to rid ourselves of the "religion of constant growth" and concentrate more on the basic quality of life and sustainability. I met for the first time a good friend's adult children last night and we all enjoyed a good but simple meal in my friend's home - "the best things in life are free" may be a cliche, but it is still true.
The elite do have a balancing act here: their children and grandchildren need to live in this world so they must somehow balance their greed with maintaining the world in some sort of livable state.
One thing the author left out: we need to rid ourselves of the "religion of constant growth" and concentrate more on the basic quality of life and sustainability. I met for the first time a good friend's adult children last night and we all enjoyed a good but simple meal in my friend's home - "the best things in life are free" may be a cliche, but it is still true.