The Purpose of Trade and Commerce: Hard Nosed Capitalism or Socially Responsible Pathways?
S ince the credit crunch of 2007/08 we have been witness to a sea change in attitude to what constitutes business, trade, protectionism, capitalism, imperialism, exploitation of endangered labour, or slavery. Or is this just another fictional construct of complex issue/s?

The Geo-Political, Socio-Economic climate has turned itself on its head in one way or another then back again in ways that have significantly altered the mindset of many in such a manner that it has become increasingly difficult to capitalise through exploitation off of the backs of the masses without there being a backlash in some way shape or form.  

The evidence suggests that it’s the ability of an individual to share information instantaneously with the world its nigh on impossible for dictators, governments or organisations to exploit en-masse a group or nation without someone finding out. There is a lot to consider. Capitalism in our understanding its most purest state is for market forces to dictate the state of play with minimal government involvement (interference). 

“an economic, political, and social system in which property, business, and industry are privately owned, directed towards making the greatest possible profits for successful organizations and people”

Given that its geared towards the private individual to earn as much as is possible is not such a bad thing in theory, it’s the abuse of this thats really the issue at hand. Combatting the abuse of this is where it comes into question and whether there is a level playing field or not.

It’s no secret that there is not a level playing field in many parts of the world today, social injustice, poor-wages, health and social mobility opportunities form the back bone of many a regime outside the democratic world. Capitalism is not a mainstay of democracy because capitalism does not always look out for its engine, its capital resource.  The greatest capital resource of any organisation is its workforce.

China operates a semi-capitalist infrastructure without democracy as its practiced here in the west. It subsidises many parts of its industries to essentially keep its people in work. Is it capitalism with a conscience? Do they operate a system that benefits their people in the long run.  The evidence suggest that they do.  In the last 25 years have they not lifted hundreds of millions out of poverty, starvation and improved education and opportunities for its people? Have our lives across the world also benefited from cheap goods and services brought about by opportunities for trade with consumer driven market economies?

So, the rules of the game are being bent to suit in the EU when its suits the nations concerned with regard to state ownership over intervention. (now we’re getting to our point) Is the aversion to nationalise a loss making industry an ideologically driven position based on outdated preconceptions which does not take into account a dynamic global interdependent system that is possibly rigged?

Do the regional social and economic benefits outweigh the international markets and demand driven economics? 

Does the health and wellbeing of a nations population outweigh the needs of markets and demand driven economics?

Is the real purpose of democratic government about civic oversight, regulation and facilitation of opportunity through education, entrepreneurship and employment opportunity? 

Is it about balancing the books and turning a profit? 

Isn't profit dependent upon the priority you place on community cohesive infrastructure over the balance sheet?

Debt is a curse if it goes unchecked, but is debt such a bad thing if its invested in the national interest?

Like many we have an opinion on the above, it’s our opinion to present the questions and suggest possible answers but this is a topic that is too big to take on in one. We will continue to offer option as we see the facts.


Latest News

More News

We're Live on Apple News!14 November 2016
Issues of the Century?24 October 2016
What Makes a Bestseller?03 October 2016
What is Smart Consumerism?05 September 2016
How the EU Works20 June 2016
So EU or No So EU?07 March 2016
Studio Erameri16 December 2015
The Value of Life16 November 2015
Armistice Day: 11/1111 November 2015