David Schweickart's.
Author | Branson, Walter |
Position | FROM READERS - Letter to the editor |
David Schweickart's ideas for a democratic economy are interesting, but unlikely to be implemented in the near . term. However, he too quickly dismisses the possibility of sustainability within a capitalist system, based on his idea that investors in a capitalist system demand constant growth, and will fail to provide investment capital without that opportunity, leading to contraction and job losses.
In fact, profitable companies can, and often do, provide an adequate return to investors...
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