Towards a better system

To many, capitalism has shown that it was on its last legs. To some, like Malcom Forbes, it still remains a valid economic option. To others, it needs to be assorted with some stringent, mandatory regulations instead of “voluntary” ones. As for me, I believe that whatever economic system takes us through this 21st century will have to seriously take into consideration our overpopulation, our strained planet and its dwindling resources. Yet, I feel it’s essential that we pick a system that will handsomely rewards “quality” obtained slowly and with long-term objectives in mind versus “fast” and shoddy growth that has been the hallmark of both the 19th and 20th centuries. Under that new model, growth fueled by increasing the population and its consumption will have to stop and be replaced by a enhanced quality of life supported by ecological solutions, population welfare and long-lasting institutions and infrastructures. With sufficient incentive for those who will develop that sustainable world and reasonable users’ fees, that model might just be workable and not so utopist…