Wednesday 16 November 2011

CAPITALISM - PROFIT = MISERY.


           The capitalist system is in crisis, it sounds all so rational and academic, but what it means is that across Europe people are suffering in ever increasing numbers, and to an ever degrading degree. Country after country comes under the spotlight of the media and all the talk is about the “debt” crisis, never the human side. In Greece, a country with an unelected Prime Minister, unemployment has risen from 6.6% in 2008, to 16.6% in 2011, while youth unemployment went from 18.6% to 40.1%, and heroin addiction rose by 20% during the same period. Add to this human disaster the fact that the government during the same period has cut the health budget by 40% and reduced the street-work programs by 33%. Put that toxic cocktail together and you have human suffering and deprivation approaching third world proportions. Spain fares little better, with unemployment at 20%, and 10% of families with no wage earner, plus, during 2011, 1 in 8 business closed. Italy another country with an unelected Prime Minister, is about to embark on a series of vicious slashes to public spending, which will heap more people on to the already mountainous mound of misery that exists in Europe. Here in the UK we have now passed 2.6 million unemployed, 8.3% and rising. Our youth unemployment is now over 1 million and rising, add to this our wage freeze/cuts and an inflation rate of 5% and you can see the misery indicator shooting up. Meanwhile our Millionaire cabinet cabal, keep blaming the Euro-Zone for all our ills. The fact that growth in Europe is above that in the UK, and inflation is lower than the UK, doesn't seem to register with them, it is all Europe's fault.

CRISIS? What crisis?


         The simple fact is that capitalism is crisis, it can't work for the benefit of the ordinary people, it is basically a system that feeds the rich at the expense of the poor. Profit is the aim, not human welfare, and as such, that profit must be protected at all costs. The human misery resulting from this type of value structure is never taken into account on the balance sheets of the corporate world. Throughout the entire period of history where capitalism has been the main system we have had continuous wars, raging poverty, mass unemployment and the resulting misery such circumstances produce. Of course the numbers who gain a reasonable life varies from time to time, but it is a temporary respite, soon along comes another recession, or crisis and the numbers change again, with poverty and misery growing, wiping out any benefits that some of the ordinary people had fought for and temperaly gained.



        If we want to fix the “crisis” so that all the people will benefit, then we have to demolish the present system and change our value structure to one of profit free thinking. The only answer is to create a society of mutual aid and co-operation based on sustainability. The present “crisis” of the system can only be remedied by eliminating capitalism and building a needs based system. Only then will be see an end to the misery of deprivation, only then will our youth be able to flower to their full potential.

ann arky's home.

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