As a kid, in the late 1930s and early 1940s, yours truly learned from overhearing comments and expletives in the street, in stores and even on the radio that a 'capitalist' was a dangerous, despicable, dishonorable, greedy out of control individual bent on deceptively tricking innocent people out of their money, possessions, homes and the fruit of their own labor.
In my high-school history books, the word capitalist never appeared to describe the fabulously wealthy and powerful 'captains of American industry', though the question, "Were they robber barons?" was put forward in college texts for discussion.
It was only when this kid became middle aged, that the term 'capitalism' began to be gingerly referred to by TV commentators and op-ed writers, sanitized, its murderous anti-union history forgiven in obvious propaganda that presumptuously credited most of modern human achievement and progress to 'the capitalism system'.
The wheel has come full circle. Capitalism recently beatified, today, by its own undoing stands before us defrocked, exposed and naked in shame and embarrassing confusion.
Capitalism, by definition marginalizing ethics and social well-being, presents itself as unreformable.
When asked, 'well, what could we replace capitalism with?' Answer, replace it with economics of fairness, honesty, ethical behavior and caring humanism!
Archival research peoples historian activist, musician and writer, who has lived and worked on all the continents and whose articles on media have been published in China, Italy, England and the US, and now resides in New York City.
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