Article SNJV Capitalism isn’t dead; it can become a force for good in society

Capitalism isn’t dead; it can become a force for good in society

by
Barbara Stocking
from on (#SNJV)

There may be appetite for change but without a coherent alternative we must work out how to make capitalism work for us

The capitalist model is under attack on all sides. Yet while there is appetite for change, not even the Occupy movement has come up with a coherent, alternative model. So can capitalism be reformed to operate in the service of society?

At Oxfam, where I was chief executive for 12 years, we believed that the private sector has the ability to help people out of poverty, for example through the creation of jobs or by purchasing products from farmers at a fair price.

Related: Beyond capitalism and socialism: could a new economic approach save the planet?

Related: Forget your dreams and follow the money if you want to help the world

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