In one of the responses here we have an excellent example of the problem defined by umair haque. Extreme capitalist markets can provide vast quantities of cell phones of many kinds but not basic food, housing, medical care, education, and environmental protections. Unfortunately extreme capitalism demands that all goods be defined as scarce. We are beyond the need of scarcity economics. In fact that points to the ultimate failure of capitalism. It is unsustainable in a limited planetary environment. The reality is that there is more than enough of what is needed for everyone but that must be denied in order to drive profitability in the market. Profitability is a secondary goal not a primary goal. This is a critical lesson that must be taught in perestroika for capitalism.

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Educator, CIO, retired entrepreneur, grandfather with occasional fits of humor in the midst of disaster. . .

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