Comment Re:Troll (Score 1) 585
Capitalism works no better. There are MANY limits to capitalism on normal human behavior which are required for it to work well. And from 1980 to 2000 many of those limitations were removed because the concentration of wealth and power grew great enough to capture the government.
Reality disagrees. As I've pointed out many times before on Slashdot, in the last twenty years, two thirds of humanity saw an increase of roughly 30% or more in their income adjusted for inflation. That is a huge change that is unparalleled in human history. And the obvious cause is global trade. Capitalism drives that trade.
We already have that capitalism works better especially in the presence of the "psychopaths". The psychopaths don't "need to go", they need to be regulated and channeled. Capitalism does that.
And the government wouldn't be setting interest rate at zero to prevent deflation. Deflation should have been occuring in the u.s. for the last 16 years.
Why veer into monetary policy? It's just not that important. Whether the money administrators manage the currency well or auger it into the ground, the society still remains and new currencies can be created in order to continue to trade.