I think capitalism, as I see it, is a concept that to date has been very useful and very good at delivering answers to many human needs that have plagued human beings for most of their history. You know, we are now very good at delivering food, construction material, certain kinds of information, transport, logistics, legal knowledge, financial knowledge, medical knowledge and assistance. These things are going pretty well in many advanced economies, although obviously disastrously in other nations. …
But of course, critics of capitalism say it’s hollow, it’s meaningless, it’s soulless. It’s all about more running shoes and pizzas! It’s not about the stuff that matters. Now I think this is interesting and the true capitalist has to take that onboard. And yes, if you think of the famous pyramid of needs from Maslow, capitalism has been making its profit and centering its energies around the bottom bit of the pyramid. I think the challenge for the future is how can money and labor be made and employed towards the top of the pyramid. And if you’ll remember, the top of the pyramid is things like the need for connection, the need for community, the need for understanding.
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