why capitalism?

The importance of third world FOREIGN DEBT can give the First World a means to check the development of the poor countries in the world such as the Philippines. Capitalism uses DEBT as an INSTRUMENT
by which it can dictate "structural adjustments" that make it impossible to industrialize. It is indeed an ideal instrument , since it suppresses industrialization in ways that apparently have nothing to do with it.

The current financial crisis is about DEBTS and the inability of many people to pay. Extending credit to low income families is equivalent to extending debts to the poor countries. Capitalism at personal level has the possibility of negotiation, mitigation and re-structuring debt. It does not deny individuals right and dignity.
For a country, denying the possibility of such an alternative is the negation of ONENESS. The denial of an alternative is therefore the denial of human dignity, which is not a matter dignity cannot be separated from the content of everyday life.

Capitalism can be a form of a psychological warfare. If the relationship between the existence of alternatives and human dignity is taken seriously, then we can easily conclude that the attempt of a regime to destroy all alternatives is an assault on human dignity itself. In our society, majority are not accorded the right to live in dignity. Only FEW may live in happiness and dignity if they manage to find space in the marketplace to acquire the means to do so. If they do not succeed, the market confirms that they possess neither dignity nor the right to claim it.