"Bright and early for the daily races, going nowhere, going nowhere"
Capitalism, as many of us realize, is an exploitative system at its roots, predicated on money-making money. However, if someone is sitting around watching their money grow, someone else is not getting due compensation for their day's labor. Capitalism is such a malfunctioning system it undermines itself; there should be some price that clears the market, that removes scarity and surplus, but incentives lie in artificially manipulating prices, spending on advertising, extorting labor as much as possible. It is a system gone mad by its own design, an addict, a junky.
No, we need a new system, and when we are ready, a new system will be created and formed from within the old, just as the evolution of capitalism from feudalism.
All the economy is, is dealing with scarcity. The question is, are we going to deal with it democratically or not. Once enough people recognize the absolute need for democratic engagement of public issues, democratic businesses will be supported.
But, first we need democratic businesses. We need financial institutions that support these democratic businesses. The common good bank system is designed to be inclusive and cooperative, while being able to spread quickly. With a virtual branching system the founders are working on, you can start one in your community relatively quickly if you can gather enough support.
You can provide financial backing to activist projects, to community betterment. Once people begin to see and internalize the values that bring community solidarity and brotherly (and sisterly) strength, change will become inevitable.
With a guiding philosophy, and a goal in mind, we no longer run in circles, aimlessly and blindly, instead we progress. We are able to continue life's journey toward abstraction, that for some mysterious reason we are fortunate and compelled to take.
Get involved, support your co-ops, start one of your own, advocate for economic democracy, and read through the common good bank's website, scrutinize and deconstruct it, make it your own. www.commongoodbank.com.















