Capitalism is dependent on a lie, scarcity over abundance.

"Believe nothing, no matter where you read it, or who said it, no matter if I have said it, unless it agrees with your own reason and your own common sense."
~Buddha

Capitalism is dependent on a lie, scarcity over abundance. The motive of capitalism is always to stimulate demand and restrict supply. To sell people cheaper and cheaper crap for more and more money. It is working and we are living in the society of it's making. Any walk through a Mega-Grocery-Department store will show you how far our standard of living has declined. Consumer goods are the lowest quality they've ever been. Manufacturing in China (and a hand-full of other developing countries) became a must for Corporate survival, but we took a huge loss on quality standards. The focus has been on low quality disposable consumer goods. How much of what you can find in a Walmart is something you could pass down to your grandchildren? Companies fail if you do not buy replacements. This is what Capitalism does. However, capitalism is not survival of the fittest. The old beliefs of capitalism will have to die in order to make room for a better system. Something that does a better job at rewarding quality, sustainability, middle-class wages, and abundance. This is not beyond the reach of mankind.

Bernanke threatened economic crash if Congress audits Fed. I am deeply saddened that Obama, Wall Street, and the popular media has not made a bigger issue about this. I guess it is because we have have so much to lose. But the Fed is extorting the US Government and the American People. Why are we allowing this? Because if we don't the economy will collapse. Of course collapse is inevitable. The recent modest decline in Treasury bond yields conceals an increasingly unstable bubble. A crash in the T-bond market will halve the value of the dollar. Japan's new government has threatened to abandon the USD and kick the US military out of Japan. The Next Financial Crisis. It's coming--and we just made it worse.

So if we are facing an imminent collapse of the system, how do we use this tragedy is an incentive to moral action. First we need to abandon the ideas of The Selfish Generation, and rethink what we value. Now college tuition (as a percentage of median income) has tripled from the 1950-1980 levels, shouldn't access to knowledge be getting cheaper with technology? Rumsfeld admitted that 2.3 Trillion Dollars missing Pentagon but there was little outrage from congress. Because the inherently corrupting nature of ego maniacs, lobbyists, and tax payers money government will always become corrupt, and the federalization of government acts only to divert responsibility to a faceless beast with limitless power and no accountability.

It's hard to tell where and when the next shoe is going to fall. CNBC is now saying there is a "Risk of 'Fully-Fledged Dollar Crisis". Even HSBC has bid farewell to dollar supremacy. We seen the first stirrings of a Trade war with China.

And for a little more context into my reality tunnel:

The head of the NSA said that search warrants where unnecessarily in the US if the government decided it had "reasonable cause."

Our food production is unsustainable.

FOCUS on the Family, one of the US’s most virulent anti-gay outfits, is facing a cash crisis

Whatever happened, happened for the good; whatever is happening, is happening for the good; whatever will happen, will also happen for the good only