article_snippet.sent: Global capitalism is a juggernaut, with the world economy now doubling in size every generation.  
article_snippet.sent: Unleash greed, the theory goes, and type-A personalities around the world will spend inordinate energy to organize businesses, invent new products, and thereby raise well-being.
article_snippet.sent: After all, the world economy has expanded at least 100-fold since modern industrial capitalism first found the world economy footing in Britain around 1800, and for most of the world, living standards have risen markedly along the way.
article_snippet.sent: Yet history has also taught us that the "Invisible Hand" of the free market is a little less miraculous than the free market looks.
article_snippet.sent: Unleash greed as the supreme economic good, and it is greed that we get as the ultimate moral arbiter.
article_snippet.sent: Yes, there can and should be economic growth, especially for today's developing countries.  
article_snippet.sent: Human ingenuity and markets can indeed lead us to higher living standards and longer lives for all parts of the world, rich and poor alike.  
article_snippet.sent: But these gains should be widely shared and should never be based on the exploitation of those at the bottom of society.  
article_snippet.sent: Social inclusion has been widely shown to improve societal progress broadly for all.  
article_snippet.sent: And equally important, these gains should be based on true value added, not on the destruction of natural capital, whether through deforestation, climate change, or pollution of air, land, and water.
article_snippet.sent: All over the world, there is unrest on the streets even as our generation is the beneficiary of unprecedented technological knowhow and material progress.
article_snippet.sent: It turns out that with goodwill, cooperation, greed kept in check, and technological savvy, we can build a modern global economy that is productive, inclusive, and environmentally sustainable all at the same time.