CAPITALISM'S ACHILLES HEEL Dirty Money and How to

CHAPTER 12
SPREADING
PROSPERITY
RESOLVING THE three problems along the continuum threatening capitalism
is a matter of will. It is not rocket science, not impossibly difficult,
not something that should better be left to chance. Making up our
collective minds may be challenging, but accomplishing agreed goals is, for
the most part, readily achievable.
This chapter lays out proposed solutions to the serious strains evident
today in global capitalism. Illicit dealings can be sharply curtailed, if we but
choose to do so. Poverty and inequality can be cut with a properly functioning
free-market system. And capitalism’s distorted philosophical underpinnings
can in time give way to the new focus on justice that is emerging from
behind the walls of academe. Most of the approaches to resolving these issues
are grounded upon our will to act, a determination that I hope is
strengthened by all that has preceded in this book.
DELEGITIMIZING DIRTY MONEY
Part I on illegality was subtitled, “We Like the Money.” The idea has to be
replaced with, “Sorry, we don’t want it.” When we agree that it harms far
more than helps us and our shared world, then we can substantially reduce it
with a few strokes of the pen.
How? Say so. International financial transfers of proceeds that break
laws in their origin or movement or are intended to break laws in their use
are unwanted. There is no problem with admitting that we do not have laws
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