Europeans say they are proud of their social fabric, of strong rights for workers and the weak in society.

To create a world in which life can flourish and prosper we must replace the values and institutions of capitalism with values and institutions that honor life, serve life's needs, and restore money to its proper role as servant. I believe we are in fact being called to take a step to a new level of species consciousness and function.

Moreover, statistics can be deceiving: the growth of jobs in the US in the 90s was due to many part-time jobs, with no benefits and generally low pay.

There is no visible sign that the current politicians in the US are willing to see the need for change.

In a world of increasing inequality, the legitimacy of institutions that give precedence to the property rights of 'the Haves' over the human rights of 'the Have Nots' is inevitably called into serious question.

Wall Street sees a social fabric or social contract as inefficiencies, which need to be removed.

If you look at the US economy over the last 15-20 years wages have been stagnating or even declining.