It is better to be presumed an idiot than to speak and remove all doubt. This moron was almost President? …..rsk
“Democracy has been hacked. Capitalism is in need of reform – serious reform. The short-termism that has been bemoaned by some of the leaders of the bigger firms in global markets is really hampering the success of capitalism in building value and reaching its goals,” Gore said during a discussion at the Washington Ideas Forum.
“The repeat and increasingly frequent crises now radiate globally and much more frequently because of the emergence of the earth and really an interconnected global economy. The ignoring of central factors like failure to measure the negative externalities – like pollution and the depletion of natural resources. Positive externalities like investment in public goods, inequality of wealth and incomes,” he added.
Gore, chairman of The Climate Reality Project, cited recent financial reports that showed “GDP has gone up 3.5 percent” but also revealed median income has gone down by the same amount.
“Pollution has gone way up. Depletion of resources has gone way up and inequality has gotten out of control and there is a dearth of investment in public goods like education and healthcare and environmental protection. And this is true everywhere the dominant version of democratic capitalism is being pursued – that needs to be changed and in the capitalism part of that, it’s really important to adopt the kinds of reforms that more and more people are seeing are greatly needed,” he said.