The following article is part of the SFG publication “Big Questions of Our time: The World Speaks”. To access the full publication please click here.
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Capitalism as a wealth-creating system has increasingly turned into a money-grabbing mechanism.
The recurring crises in the global financial markets will only worsen as greater number of people become more and more interested in pocketing profit rather than creating the wealth that generates that profit in the first place.
The need for either a return to the original ideas of profit in wealth-creation and value-adding entrepreneurship or a viable alternative to the current system will progressively dominate the agenda in the Twenty First Century.
However, short of a financial calamity in the world financial system it is difficult to imagine how the holders of wealth and power will acquiesce to a change in the status quo.