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Global Regulation = putting the power in the hands of the few. Power leads to wealth. The more consolidated the power, the more consolidated the wealth and the bigger the gap between rich and poor. In a perfect world, they would look out for the interests of the many and it would be a good thing. In the real world...
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This is a quote which i personally connect with the current situation: Regard the world as the human body which, though at its creation whole and perfect, hath been afflicted, through various causes, with grave disorders and maladies. Not for one day did it gain ease, nay, its sickness waxed more severe, as it fell under the treatment of ignorant physicians, who gave full rein to their personal desires, and have erred grievously. And if at one time, through the care of an able physician, a member of that body was healed, the rest remained afflicted as before. Thus informeth you the All-Knowing, the All-Wise. We behold it, in this day, at the mercy of rulers, so drunk with pride that they cannot discern clearly their own best advantage, much less recognize a Revelation so bewildering and challenging as this. And whenever any one of them hath striven to improve its condition, his motive hath been his own gain, whether confessedly so or not; and the unworthiness of this motive hath limited his power to heal or cure." -Baha'u'llah
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I think with the huge economy crisis, we learn to cherish the little things... the smaller family vacations, the delicious home cooked meals. This may all sound a little like a Disney movie, but i think families realize money isnt the only thing that allows them to function (although its important)
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what comes to my mind when i think about the worldwide economic situation is that we are all interdependent, as others have already said. the greed of one person or group of people has negative consequences for so many others. call it false hope, if you wish, but i feel people are realizing an economy based on expansion alone cannot "progress" endlessly and this gives us the opportunity to account for the downfalls of the "old" system, making room for ethics in a new plan.
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