Baku, Azerbaijan – A good Place for a “New Paradigm” conference

2.3. Exaggerated games

Looking more closely at capital economics – where capitalist/socialist games may be exaggerated: Capital economics (not capitalist) is the economics after money is invented and circulated – we see the games of dynamic balance between emphasis on the private good (capitalism) and the public good (socialism) and should understand that both approaches have virtues and that these games can become grossly exaggerated and end up in violence and destruction. Hence, another understanding of limits is called for, in addition to the realization that we can’t grow forever on a limited, if large, planet.

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