The Economist

In an article on the (now unavoidable) regulation of the financial markets, The Economist writes a splendid sentence :

"For three decades, public policy has been dominated by the power of markets—flexible and resilient, harnessing self-interest for the public good, and better than any planner-in-chief."

Read : http://www.economist.com/opinion/displaystory.cfm?story_id=10966204.

I adore the "harnessing self interest for the public good" ; the writer should get some prize for his creativity and inventiveness, because we see - almost every day - how wrong his liberal dogma is. And a dogma it is ! And then the kick in the backside : "better than any planner-in-chief". That is not difficult, believe you me - I have been there !

What we need is a revolutionised social and "market" system, centered on people and not on profit. We need new people to write it all out : a new Smith, Marx and Keynes combined.

Personally I believe that the fundamental inspiration and many elements of such a system have been available for 2000 years but, up to now, greed has always been stronger. As long as we do not address these fundamental issues, all the other problems we are whining and moaning about will only get worse.

In the end, it is clear that we have two options : either we change, or we perish.