9.07.2004

Review: The Soul of Capitalism 

A wide-ranging look at small and large-scale attempts to "open a path to a moral economy." William Greider spends great time explaining the potential power of pension funds, employee-ownership, alternatives to GDP-obsession and the failure of government to realize they exist for people, not corporations.
Time and again, his story returns to Samuel Gompers reply to the question: What does labor want? "More."
Today, it's not more "stuff" or just more money. More life.

This was a long read for me, about a month. Many chapters hammer home the notion that most Americans are weak and powerless to affect the change necessary to live a fulfilling life without being shaped by careless corporations. Also, during an election year, it is discomforting to read of abuses of power from politicians firmly in corporate control.

Yet, a liberating read on how, slowly but surely, the rugged American individual is reshaping capitalism to include morality.

Finally, it was encouraging to read about Ohio-based initiatives, such as the Ohio Employee Ownership Center run by John Logue and the Capital Ownership Group. Go, Kent State, go!

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