WHAT WE NEED IS TRUE CAPITALISM

UNFORTUNATELY MEXICO IS HIGHLY DEPENDENT ON THE US ECONOMY.
THEREFORE EVERY KEY MACROECONOMIC INDICATOR HAS PLUNGED IN THE COURSE OF THE LAST YEAR. THE PESO IS LOOSING GROUND AGAINST THE DOLLAR AND INVESTMENTS ARE FLYING OUT OF THE COUNTRY.
ON TOP OF THAT MEXICO IS A COUNTRY WHERE PRETENTIOUS POLITICIANS AND CORRUPT CORPORATE POWER MAKE THE MATTERS FOR THE AVERAGE PERSON.

I BELIEVE THAT THE RISE OF EASY CREDIT IN THE US WAS FOR THE MOST PART THE MAIN REASON OF THE DEBACLE OF THE US ECONOMY. MEXICO IS IMITATING THAT KIND OF BEHAVIOR, BUT THE ONLY DIFFERENCE IS THAT PEOPLE DON'T EARN ANY WHERE CLOSE TO OUR NORTH AMERICAN COUNTERPARTS.
SO PEOPLE TAKE LOANS AND END UP PAYING INTEREST THAT COULD BE TAKING OVER A CONSIDERABLE AMOUNT OF THEIR PAYCHECK.

I DIGRESS, THE PROBLEM WE ARE EXPERIENCING IN MEXICO AND GLOBALLY IS THAT WE HAVE USED ONLY PART OF THE BASIC FUNDAMENTS THAT CAPITALISM WAS BUILT ON. AS KEN WILBER POINTS OUT WE HAVE CONCENTRATED IN THE IT ASPECT OF GROWTH WHICH IS MATERIAL AND TANGIBLE. WHAT WE NEED IS TO RESUSCITATE THE NOTION OF MUTUAL BENEVOLENCE.

THE ECONOMY IS PERHAPS THE MOST IMPORTANT FACTOR THAT MOVES THIS WORLD, BUT LETS NOT FORGET THAT ECONOMIC ACTIVITY SHOULD BE WITH PURPOSE. SO FAR NO ONE HAS YET DELIVER A PURPOSE OF GROWING FASTER AND MORE EVERY YEAR. I AM AFRAID THAT IS LIKE THE OLD TALE OF THE BABYLON TOWER. IF WE KEEP ON GROWING WITH OUT OUTLINING THE PURPOSE OF SUCH GROWTH, IT COMES TO MY MIND THAT WE WILL COLLAPSE ON OUR OWN JUST AS THE BABYLONIANS DID.