"how is it that money got in the right place at the right time? well that takes financial innovations. financial innovations has the effect of empowering financiers"
when i was watching this video http://www.youtube.com/watch?v=yRMWcsqnsmY few days ago i noticed something that makes a really big difference in the economy of finland vs some other countries like usa. some teens were asked what they want when they grow up and there was some discussion about the importance of money. well, the majority thought that money was not all that important, as long as you have enough to live comfortably and most of the people in finland do(even those who doesent have a job, as long as they dont have a car or other extra stuff like that, which you dont really need due to good public transportation, which btw makes less pollutions also that everyone owning a car), no matter what job they do. more important was job that you enjoy(regardless of how much it pays, since it pays enough in most cases) than the money that it offers.
soooo, creating a society where money is more balanced amongst people(rich people arent millionaires and poor people arent really all that poor), while teaching kids to be healthy when it comes to greed seems to be the way to go. capitalism is pretty much the antithesis of this.
i think you need to think outside of the box and look at whole alternative societies instead of looking at how to get the defected model to work slightly better.
and i dont disagree that there isnt some trend of people being greedy in finland, but the major influence in that is the "american dream" that tv keeps pushing to everyone, influences of the internet and right wing politics who try to push the capitalist agenda.