Given the opportunity, 99.9% of people will place their own economic needs above the collectives.
I agree with you completely. People will gravitate toward
their own economic needs above or before the needs of the collective.
I believe in Capitalism. It offers everyone the opportunity to achieve economic success and when one person creates economic activity it usually generates economic opportunity for others. Business breeds business.
Obviously Capitalism isn't perfect, but it's not the capitalism part that's the problem. It's the people that are the problem. Some people are shitty. Some people lie. Some people cheat. Some people steal. For capitalism to be fair in the ability to provide the opportunity of economic pursuit for everyone, there needs to be:
(1) A judicial system to penalize those that lie, cheat, and steal, and
(2) Confidence from consumers to not buy products from people (ok, companies) that lie, cheat, and steal
People forget that if we don't buy from the bad companies those companies will go out of business and go away. The market rewards the winners, but only if consumers participate in that judgement.
Please feel free to share your thoughts on how we can help rebuild a robust economic model, may I offer a few considerations:
* Automation
* Consistency
* Transparency / Open source
* Sustainability
* Principles on which a framework for the governance is founded
* Functionality
* Simplicity
* Decentralisation