Capitalism and Its Alternatives
In American society, capitalism functions more like a religion than a mere economic system. Criticizing the system has meant breaking a taboo. In a welcome development, polls indicate that the majority of younger people no longer view the free market system as sacred, particularly since it is not working very well for them, and actually prefer socialism. In this section, I address the poor and destructive psychological assumptions that underly capitalism, as well as alternatives that are based on a more sophisticated and compassionate understanding of what makes us tick.