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Capitalis Something Will Turn Up Essay

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Perspectives April 2017
Something will turn up
The initial title for this edition of Perspectives was “The System is Rigged” as the article deals in part with deficiencies in the capitalist system which results the “elite” who have money and power exploiting the “man in the street”. This, of course, is a rather negative view of humanity, albeit it one that reflects part of reality today. The rise of anti-establishment populism provides evidence that the narrative of “the system is rigged” is gaining currency.
We then had the good fortune of reading Anatole Kaletsky’s excellent book titled Capitalism 4.0. Kaletsky describes capitalism as an adaptive and evolving system, which has been through three iterations and now transitioning to a fourth state, hence the title Capitalism 4.0
The history of financial markets up to now …show more content…

Wilkens is self-important, feckless and a man who loves the sound of his own voice – yet Dickens manages to portray him with an irresistible charm, by making him funny, kind, honest, human and relentlessly optimistic.
Capitalism is a remarkable system that has delivered to the world innovation that has improved and will continue to improve the quality of life for mankind. It difficulty has always been to deal with the issue of social cohesion and the temptation to some to beat the system via deception. The social cohesion problem has been made more difficult by humans having two classes of needs, namely absolute needs and relative needs. Keynes suggested that absolute needs could be dealt with but relative needs were insatiable.
We believe that the big thing that has changed is that we live in a world where there is the possibility of much greater openness and transparency. Such open and transparency will
· Make it more difficult for defectors to beat the system (although some inevitably

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