The world, especially the capitalistic world, is passing through the
worst economic crisis since 1929. This crisis has brought the worst,
largest and strongest impact ever in its entire history.
The self healing mechanisms the capitalistic world p
ossesses have
enabled it in the past and will enable it now to go past this crisis.
Economic forecasters and decision-makers should learn lessons and
deduce warnings from this crisis, and there seems to be some positive
insights and attitudes of which the most important is the rebirth of
Mackenzie principles.
The other important issue that remains wide open concerns the
moral values of the capitalistic society, which is that any materialistictechnological
advancement will not be guaranteed in the long run unless
it is guided and rationalized by a set of moral values which aim at the
higher interests of society.