5 questions regarding our Capitalism. Is it the one we wanted to live in?
Today I will not write to you about Real Estate. Respecting the national strike, I will just share with you some thoughts and questions I have about the world economic environment in which we all live. I don't expect you to reply to me. Actually, I am sure that many of you will share the same opinions and questions.
My beliefs: Capitalism with the State controlling the system and the weak people being protected
I always preferred Capitalism. It is not the perfect system, but so far we have not found any other system which provides so many opportunities to so many people. On the other hand, I believe that if we leave Capitalism unrestricted, without rules, then human nature will simply transform it into something else that will be detrimental for the majority.
This is why we need the State to guard the interests of society, to ensure everyone abides by the laws and to make sure that no-onecan manipulate all the rest. At the same time, every society has weak members. To clarify, I am not referring to lazy people. But there are many who need our help, in order to keep up with us and not get left behind. This is why I consider it ethical for a State to distribute part of the wealth, giving opportunities for a better life to the weakest ones (disabled etc).
Our direction is wrong…
If you look around you today, it is clear that we have built a Capitalist structure that does not function correctly. 90% of the countries on this planet owe too much. Most people complain about their standard of living. If you focus on Europe, you will see anger from Portugal to Romania, from Belgium to Italy. For different reasons, the majority of European countries are in trouble.
One reason is our greed, our bad human nature. We want more than we can have, all of us, everywhere. Many of us also misunderstood something: The more we wanted, the less we wanted to work, in order to obtain them. Capitalism is supposed to inspire you to consume more, in order to live better. This is supposed to happen because you will work more and you will be compensated for this. But this is not always the case. Our direction is wrong…
Is this the Capitalism we planned to have?
What is the main mistake? If you ask me, I will tell you: We allowed the market to function without serious rules and controls, abandoning our fate to the hands of some "intelligent guys" who promised us wealth and stability. The result: Wealth for few, difficulties for the majority. Is this the Capitalism we planned to have?
5 questions await an answer…
Some call them "futures", "hedges", "options" etc. There are several financial tools, available at each investor's disposal. I personally call most of them "pure gambling". To clarify, I am not referring to investments, where someone places his (real) money on something. I refer to the "investments" where someone bets that something will happen, paying today 10% of the total bet and leaving the rest to be paid "when the bet will mature". After he does this, he usually uses all possible means, in order to succeed. So if he bets against Romania (for example), he will try to create an economic attack against the country, in order to succeed and win his bet.
And my questions are:
– Why should it be allowed to gamble against a company? Is it normal that several thousand people lose their jobs just for the profit of a few?
– Why should it be allowed to gamble against a currency? Doesn't this worsen the life of millions of people using it?
– Why should it be allowed to gamble against a country? Why is it good for 1.000 people to win, destroying a country and its inhabitants?
– Why should it be allowed to gamble against a commodity? Why should one have the right to "play" with the price of wheat or rice, forcing hundreds of millions of people into starvation?
– Why should it be allowed to gamble on EVERYTHING, without rules and supervision?
I could add 100 more questions, but I am sure you have understood my point of view.
Shooting people on the street
These kinds of "financial tools" were created in order to protect, inform and give direction to a market. But they were proved to function in the opposite way. Why do we keep them nowadays?
Gambling against a country is like taking a gun and trying to kill as many people as possible. If you run out of bullets, you lose. If you are well armed, you win. Since when is "your death means my life" the system we wanted to have?
I don't want an idealistic world
I don't want an idealistic world, it can not exist. But in 2010, after all we have been facing, I am convinced that our Capitalism has to slightly change its course. Because if 100.000.000 people will finally collect all the wealth and 6.000.000.000 people will starve, only bad things can follow.
Regulate and let the best win
I can not complain. Although I was 3 times in very big financial trouble, I always succeeded to pay my debts by working hard and nowadays I am not poor. But this is not about me or just one more person. It is about our society and its future. This is why I support the implementation of strict rules and controls in the "financial markets".
If we allow everyone to do everything, hoping that he will choose the right thing, we will just create chaos and an unfair society. We want a Capitalism open for the majority of people to succeed and live better. We want EVERYONE to have an opportunity for a better life.
Is there anyone who disagrees with this?

