To put it bluntly, the current system of Capitalism that we have in the world is doomed to failure. So much wealth and power has been accumulated in the hands of so few, that the knee jerk reaction of people is, likely, going to be to take some kind of action which may or may not include deadly use of force against the people who have.
Neo-classical economics jams up the economic process. It is a system and a theory that only works to put money into the hands of the firms and the firms' owners and shareholders. It completely ignores the consumer end of the equation which powers the entire economy through market participation. The consumer is, in short, the actual component of the economy itself that matters. And when the consumers are able to do well, the firms are able to do well.
Therefore, my solution to the problem would be to do as we did during World War II and the Marshall Plan. Both events involved massive investment into the economies of the United States and Europe at the absolute expense of those who already have significant amounts of wealth. Their lifestyles were marginally effected, and as a result we were able to produce significant economic growth and restart the economies of Europe and the United States. We also were able to use those moments of massive investment to determine the course of development of society and the economy for the betterment of the species as a whole, living on this planet, in ways that improved their physical and psychological well being.
The European Union effectively helped eliminate the need for war amongst the European states. The investment in armaments produced the military industrial complex that we see today. We can, at this moment, chose to produce a civilian oriented economy (thus eliminating a lot of the economic incentives for socially and financially costly wars and conflict building) that relies on clean and renewable energy/material resources through the orientation of investments and subsidies that the government (which directs everything within a society, including the choice to not direct) provides.
The banks, bankers, shareholders and executives responsible for the firms, for their part, are a measly group of middle men who have ruined the world economy and failed to ultimately fulfill their expected roles in the overall economic picture that they become responsible for. Their psychiatric conditions are questionable, since they have chosen to sacrifice everything, including the the ability to live on this planet and with the rest of humanity that they depend on for their own lives and own well beings, for the sake of a marginally bigger pile of, what amounts to, cloth rag, which serves no purpose for survival and well being past a certain point. They are, and seem to be willing, to go to the extremes of risking their own lives, healths and well beings, for the sake of these cloth rags, either through destruction of the planet and the destruction of the human social fabric that they depend on (physically and psychologically). And, as we have seen in history gone past and current events, human beings typically react badly to being treated in such ways and manners, even resorting to acts of wonton violence and murder against those who are responsible for their problems, as well as to those who are not. If the human element does nothing to correct these problems, the natural world around us will, as we pollute, waste and consume our natural environment to our own hindrance and/or extinction as a species.
And you don't have to believe any of this, in order for it to come to pass in the demonstrable, repeatable and tangible world around us.
It's only in your own brain that it works out to be otherwise.
And we can watch, observe, sense and test for all of this in the world around us, in spite of what you may want, hope for, think, believe and do to make the effects of actions be other than what they are.
The choice is up to you to do the right thing.
And I'm not talking about anything that's technically moral or religious when you examine it carefully enough.
Good luck.
And think about it.
Good luck.
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