Capitalism with a conscience

Virg: I was pleased when the phrase, "Capitalism with a conscience" was used at the recent G-20 summit (I think by Sarkozy). It is past time for this country to adopt that mindset. The competitive, exploitative nature of pure capitalism does not have a place in a country (or world) that claims to have a moral basis. Certainly personal economic incentive needs to be preserved; without it technical progress would be limited, we all know that. However, it needs to serve a "higher purpose" (as I think our President said). My hope is that the above statement heralds a new, humanitarian, post-capitalism age. In unfettered capitalism, someone loses, someone is on the bottom, someone is exploited (witness the robber barons of the past decade). The art is in the application of the fetters, but we're certainly up to the task, aren't we?