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believe in individuals and small businesses rationally behaving in a
self-interest based economy (which is morally defensible!) As
availability of resources, jobs, products and market conditions change,
workers, employers, producers, buyers, sellers, etc. compete to maximize
gain. Competition, for the most gain, best job, or whatever, promotes
efficiency, stimulates people to work hard, innovate, and take chances.
Modern capitalism is built on commodification / market transactions based
on the exchange values of things.
CO-OPERATION- BASED COMMUNITIES
prefer cooperation to competition, since the latter can bring out the
worst in people. I prefer locally controlled economic arrangements
involving a mixture of co-operative, employee-owned, and private
businesses. I like community-based voluntary, democratic organizations in
which people join hands in promoting community, common good, and local
self-reliance. I dislike big, authoritarian, centralized; I like face to
face barter, recognizing experiential value, and distinguishing goods from
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"As you shop in "The Reality Marketplace" avoid
spending your "reality cash" too early, before you have
from Coming of Age in the Global Village, by Stephen P. Cook, with Donella H. Meadows.