The ‘invisible hand of the market’ suggests that by looking out for our own self interest, we will ultimately benefit society.
This underlying theory of capitalism, has reached its nadir. It is similar to a gigantic multi level marketing system that sucks the financial wealth to the top, those who know how best to ‘play’ the game or who hold most of the chips win.
The rules are meant to be strained or circumvented under the concept of profit maximization. Unless restrained anything goes, laissez faire. Child labour & deforestation, as examples, are fair game & good business.
Ongoing international financial regulations try to manipulate integrity. However, they never catch up with the ingenious ways to circumvent them.
Recently, there is a move towards looking out for our fellow beings & our planet:
SIO, Canada, http://www.socialinvestment.ca
SIF, USA, http://www.ussif.org
SIF, U.K., http://uksif.org
SIF, Europe, http://www.eurosif.org
These organizations are searching for & moving towards a more financially sustainable model.
It is time for us to turn the other cheek. Others versus self, as our focus, can contribute towards personal well being.
Measuring Gross International Happiness vs Gross International Product is the wave of the future. It’s day has come & we should not leave it up to King of Bhutan, http://www.greenangelsfoundation.org/resources/gnh/, to go it alone. Please take a few minutes to read the King’s thoughts!