Free Market Theology & Priests of High Modernity

Thirty five years of free market ideology and the many intellectual cross currents and 'isms' of High Tech Modernity (postmodernism) with its common traits of individualism, political liberalism and economic capitalism is failing miserably to improve the human situtaion at the most basic level of collective survival and social well being. Law, regulation, violence, revolutionary ideologies, science and technology are not sufficiently addressing or affecting the roots of injustice in social political structures (including democracy, socialism, communism) and bases of economic system and foundations of society.

Ken Jones in his book the New Social Face of Buddhism comments on high modernity's personal identity crisis and its attendant inner void that insatiably needs to be filled. These needs previously addressed by community, religion [and nationalism] are increasingly being commodified into whole culture of consumerism. Consumerism is winning more converts more quickly than any other previous belief or value system in human history (David Loy).

Ken urges Buddhists to renew their understanding of dukkha (suffering) by looking deeply into our contemporary global society, reflecting on how it can be healed. My sense is we need to go back deep into our collective unconscious and develop a deep understanding of our inner journey and outer social institutions begining with gender based patriarchy and ending with class based elitist supremacist global-imperialistic capitalism. With the advent of internet and web 2.0 history is being rewritten from persperctives not explored and disseminated before.

Listen to this surprising admission from Alan GreenSpan.

Asian and European Markets Fall with Greenspan's remark.

<> G20 Summit was a failure <>

Here are questions posed by engaged Buddhist Robert Thurman in Dropping knowledge