Giving Capitalism a Conscience

All of the world’s religions promote compassion towards the poor as a central spiritual value. However, it should be noted that the world’s major religions all were born in times of great scarcity of resources. It was impossible to prevent poverty because there simply was not enough resources to lift everyone up to a decent standard of living. However, in the modern world, scarcity is not the issue. Our problem is an economic system that allows for the hoarding of resources in the hands of a few super rich individuals whose wealth is the real source of poverty in our time. Capitalism which has fueled innovation and inspired people to be productive, if left without guard rails, will lead to a kind of social cannibalism that none of us would want to tolerate. We have to be willing to use capitalism to create wealth rather than allowing unrestrained greed to let capitalism create poverty.