A Mittens Morality Play
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The first time I read David Korten's most recent book, Agenda For A New Economy, it was for his economic insights. I reread it for more of that-- plus moral instruction. Like this:
We humans are living out an epic morality play of five thousand years' duration, that pits good, that which serves life, against evil, that which destroys life. Good is represented by the forces of mutual caring, cooperation and responsibility in the service of life. Evil is represented by the forces of domination, unbridled competition, and individual greed in the service of money.
Individual greed surely will be with us so long as there are humans, but if we are to survive and prosper, we must recognize that greed is a sin, not a virtue-- a form of addiction and a sign of psychological dysfunction. Any public subsidy of persons so encumbered should be limited to payment for rehabilitation services as part of a national health care program.
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The "genius" for financial innovation and risk management that Wall Street regularly touts as its gift to the world consists mainly of finding new ways for an unethical trader to capture the profits from questionable financial transactions and shift the risk to others. The consequences for society are a revealing lesson in the importance of positive moral practice.
Labels: 2012 presidential race, David Korten, Mitt Romney
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