On ending economic apartheid

Ok can I first say that the idea of "economic apartheid" and, in a larger sense, "global apartheid" are the coolest paradigms for describing the unforgivable and widening gap between rich and poor that is reinforced everyday by an out of control and excessive capitalist system that increases the quality of life for a few and decreases the quality of life for most.....and I am tired of people who claim that to protest this status quo is to be socialist - to which my response is, #1: so what if it is, and #2:even those who embrace the idea of the market as a beneficial thing (which, all things considered, it can be, but isnt for now) must admit that its current role as a virus that is killing global society as we know it is not optimal. So I had to post this excerpt from Yes! magazine detailing the economic revolution that is in order and that strikes a nice compromise between market-lovers and socialists alike.

Community-based Economics
From a system-design perspective, a healthy society must either eliminate profit, interest, and for-profit corporations altogether, or use the taxing and regulatory powers of publicly accountable democratic governments to strictly limit concentrations of economic power and prevent the winners from passing the costs of their success onto the losers. This creates yet another system design issue. As government becomes larger and more powerful, it almost inevitably becomes less accountable and more prone to corruption.
Paul Hawken has correctly observed that big business creates the need for big government to constrain excesses and clean up the messes. To maintain equity and secure the internalization of costs, democratically accountable government power must exceed the power of exclusive private economic interests. The smaller the concentrations of economic power, the smaller government can be and still maintain essential balance and integrity in the society.
There will be less need for a strong governmental hand to the extent that we are successful in eliminating sociopathic institutional forms, making community-based economies the norm, and creating a public consensus that predatory economic behavior now taken for granted as “just human nature” is actually aberrant and immoral. Responsible citizenship may then become the expected business norm. There will always be a need, however, for rules and governmental oversight to deal with what hopefully will be a declining number of sociopathic individuals and institutions who seek to profit at public expense.
Equalizing economic power and rooting it locally shifts power to people and community from distant financial markets, global corporations, and national governments. It serves to shift rewards from economic predators to economic producers, strengthens community, encourages individual responsibility, and allows for greater expression of individual choice and creativity.