For workers and consumers:USA and China

Business Week, May 26, 2008 page 011

Rethinking Capitalism: "Adam Smith is probably dead. Maybe it is time to revisit Karl Marx." Said by Turkey's Ishak Alaton, the most prominent capitalist, CEO of Alarko Holding an 800 million conglomerate, is profiled in the May 4th issue of Business Week. Alaton believes firms worldwide must do more to bridge growing chasm between the haves and havenots - Businesses need to maximize the wellbeing of their own workers and consumers as a whole. Call it Alaton's spin on Das Kapital.

My comment: Economic systems do not matter much, the more meaningful goal is for the wellbeing of workers and consumers in USA and in China. Both nations are working for the wellbeing of workers and consumers especially during the election year 2008 in USA from the campaign speeches. There is the common ground for leaders to pay attention to the grassroots in the 21st century.

Francis Shieh a.k.a. Xie Shihao, a student of economics hoping to witness a better society for the people in USA and people in China in the days to come. May 23, 2008