article_snippet.sent: (CNN)The idea of sustainable development is that raw capitalism is far too powerful for raw capitalism own good.
article_snippet.sent: The reality is that raw capitalism is the economics of greed.  
article_snippet.sent: Instead, untrammeled greed also leads to massive fraud, mega-tax evasion, pervasive bribery, modern slavery, rising inequalities, and environmental destruction.
article_snippet.sent: Perhaps most important, it feeds moral blindness.  
article_snippet.sent: The environment is a nuisance and a hindrance to greed.  
article_snippet.sent: And greed rules the moral order at the top of raw capitalism.
article_snippet.sent: a holistic approach that combines economic, social, and environmental objectives is much harder to achieve than the raw capitalism that places the economy above society and the physical Earth.  
article_snippet.sent: Yet it recognizes that we are doomed to conflict and even collapse if we fail to promote social equality and environmental sustainability.
article_snippet.sent: And even as the world economy grows and millions escape extreme poverty, our societies become more unequal, less trusting, and corrupt.  
highlights_snippet.sent: Raw capitalism is the economics of greed .
  