"Capitalism starts at home.
Strong neighborhoods build strong communities, which build strong states, which build a strong nation. If you want a strong nation, start at the foundation: invest in your community, work for its success. And from that success will grow the national prosperity that we all desire." —Eduard Qualls
Every American’s "Bitch List"—Community Capitalism lays out the problems confronting Capitalism: those threatening once again to destroy the economic well-being of the American Nation and all of its allies and associates in Western and World Civilization. From the Stock Market to derivatives to banks to lawyers in politics to patenting intangibles to educational failures to fossilized unions, Community Capitalism lays bare the issues: the background, the internals, the problems and the illogical, human-destructive hubris of Greed Capitalism.
Essentially, all American legislation (and that of Western Europe, too) of the past couple of decades has favored the big corporations while putting ever more insufferable demands on small businesses and individuals. At the same time, the programs of the first eight years of the present century have helped to destroy American competitive resilience by forcing American education into what can only be called Stalinist regimentation. At the same time, the trade deficit has been syphoning the money supply from the resources of the middle class, transferring it into the hands of foreign nationals, depleting American financial resources.
No one is taking responsibility for the multi-billion $/£/€ financial fiascos forced of late on the taxpayers of so many nations. This has hit both the American and the Greek people in particular with taxation and austerity imposed without their consent for actions and activities they never agreed to—the gambling in financial derivatives that has resulted in those horrendous expenses.
To get the world out of this condition, Community Capitalism proposes a basic rethinking, and redirected application of the strengths of Capitalism, to return to community-enriching, stable, progressive commerce allied with the human-centered methods of traditional, pre-Spreadsheet-Capitalism, pre-derivative-deranged, community- and customer-based business sensibilities. The primary concept around which this is based is that of Fiducium, a name coined to encapsulate the spirit of fiduciary responsibility, extended into all aspects of human endeavor.
Eduard Qualls calls not only on his advanced business degree, but on his extensive Humanities, historical and linguistic/cultural education—all heightened and honed by the experience bestowed by his almost thirty, successful years within the computer science industry. Yet it was also his experience of being misused and mal-used by the mindless machinations of fatally financial-operative, mindless mega-corporate America that spurred him to organize within this volume an exposition of that damnable, destructive dysfunction he has been witnessing as it has metastasized during these past 30+ years into the consumptive calamity we must all now contend against.
This book will please neither the ultra-conservative nor the ultra-liberal. But it will ring true to all those who cherish the wisdom in compassionate moderation, and who in free and generous equanimity love their families, their neighbors and neighborhoods, their commmunities, and their Nation—indeed, all those who cherish the fond hope of a more human, more humane world of opportunity for themselves, their children, and the future of their communities.
Capitalism is defined as an economic system in which the means of production of goods and services are owned by the private sector.
But what happens when the private sector throws away the means of production and concentrates solely on gambling games in which financial objects are created with abandon then merely passed back and forth between companies and individuals, without the slightest bit of true productivity?
It is indeed a stretch—if not completely illogical and unsupported—to continue to call today’s economic system “capitalism” when it no longer exists nor operates as a hale and whole, productive economic system.
In this book Mr. Qualls gives voice to all the people in the Western World who are utterly, angrily exasperated with the way the economy and sociable life are being wrecked by wantons, gamblers and wastrels, yet who must remain quiet, silently feeding that frustration because of fear of losing their jobs if they speak out.
Yes, he's Vexed! And you should be, too!