Elevate The Soul

Elevate The Soul

Capitalism Continued: Clarity & Solution Oriented

by Elevate The Soul

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If you did not have the opportunity to join us for last week’s show on Capitalism www.blogtalkradio.com/elevate-the-soul (aimed to build upon our understanding of how every other aspect of human life is defined in the form of some type of ‘capital’ or even the financial term ‘asset’ and how it is used. This writer suggests that in order to be more effective and help humanity sustain and strengthen ‘community’, we must begin with a better understanding of wealth, money, capitalism and how it impacts everything else to imply and demand that the only ‘real’ capital that is of any significance - is financial capital. Please take some time and help us out by listening to the show, sharing your comments, thoughts, reactions on the blog http://buildculturalcapital.ning.com/profiles/blogs/building-capital and joining us this week as we draw the discussion through further exploration and aim toward solution oriented thinking. Please feel free to share support, request for clarification or disagreement and join us as we discuss how to succeed. Resource Recommendation: You might want to check out “Money Doesn’t Exist” by Sandra Hurst, http://www.hh-bb.com/ebooks.html and “G-Vision” by Twilight Bey on the same site. There is also a unique perspective on cultural capital by Paul Obinna http://www.hh-bb.com/timeline.html. A depression develops when overproduction, decreased demand, or a combination of both factors forces curtailment of production, dismissal of employees, and wage cuts. Unemployment and lowered wages further decrease purchasing power, causing the crisis to spread and become more acute. Recovery is generally slow, the return of business confidence being dependent on the development of new markets, exhaustion of the existing stock of goods, or, in some cases, remedial action by governments. Depressions and recessions today tend to become worldwide in scope because of the international nature of trade and credit.
Tags:
capitalism recession depression,
production,
wages profit labor,
demand economics,
capital assets
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