>Maybe I'm being simplistic, but isn't the point that humanity's technological
>and organizational capacity to feed, clothe, house and care for each other is
>now much greater than capitalist organization of production can provide? And
>that the stifling of production over much of the world is the hallmark of
>capitalism now? Or, as Wadi'h Halabi put it at the recent URPE conference,
>'capitalism is wasting 95% of humanity's time.'
You've put your finger on it. The problem with capitalism is that it is a system which stifles modern technology, preventing it from achieving its potential. Capitalism results in a constantly improving technology, but prevents this technology from being efficiently utilised to benefit humanity.
Bill Bartlett Bracknell Tas