I came across this video today and I really liked the way that the Dalai Lama explained his view on the subject of economic/political systems.
Basically, he explained that the definition of capitalism has changed since it was established. Capitalism today has created an increasingly large
gap between the poor and the wealthy. This leads to feelings of resentment, jealousy, and frustration from the poor which transforms into anger and,
in turn, violence. So he gives a practical reason why large gaps in wealth, a result of modern-day capitalism, cannot be sustainable for peace.
However he also goes on to criticize socialism, at least in the way it's been practiced. He describes a better "socialist" ideology where the
richer people support the poorer people through education, giving them self-confidence. This results in a more mutually beneficial system for all,
where the rich help provide for the poor who, in turn, work hard in reciprocity.
Now, all of that being said, it's quite an idealistic philosophy. Until we can rid the world of people who are always looking to get ahead at
someone else's expense, this can never really happen. An uplifting speech nonetheless.
[edit on 9-10-2009 by paradigm619]