Kstils, you cited only part of my statement, leaving out the important qualifier, "in a number of respects." I stand by the statement and everything that follows about the need for adequate regulation to preclude the otherwise inevitable boom and bust cycles of capitalism and its relentless need for "growth" on a finite planet that has led us down a path leading to environmental implosion. That's hardly a "sane" option.
It is certainly not true that 'capitalism as we know it' has failed.
Compare it to any other economic model and you'll find it's really the only sane option.
Kstils, you cited only part of my statement, leaving out the important qualifier, "in a number of respects." I stand by the statement and everything that follows about the need for adequate regulation to preclude the otherwise inevitable boom and bust cycles of capitalism and its relentless need for "growth" on a finite planet that has led us down a path leading to environmental implosion. That's hardly a "sane" option.