The Philosophy of Buddhism and the Philosophy of Capitalism

A core theme of this text and of our show is a principled anti-capitalism articulated from different directions, socioeconomic, political, environmental, spiritual, etc. Can you simply remind us what capitalism is, why it cannot serve humanity and why it must be transcended? Sure. Well it's a socioeconomic system which is driven by units of capital whose rationale is growth. So the point of capital is not the good of people, people who work for capital not vice versa. What we could do with social wealth could be used so much more in a much more humane and rational way for the benefit of people. Our socio-economic system should work for people not for simply capital growth.