CAPITALISM OR JUSTICE? YOU CAN'T HAVE BOTH.
According to a recent article by the BBC, the World Bank is warning that food prices are close to pushing millions more into extreme poverty. Since June 2010 an additional 44 million more people have been pushed into poverty. The bank claims that a further 10% rise in food prices would push 10 million more below the extreme poverty line of $1.25 a day, while a 30% price increase in the price of staples could lead to 34 million more poor. It is estimated that at the moment there are about 1.2 billion people living on less than $1.25 a day. The bank also warns that the prices of wheat, corn and soya all rocketing.
While this disaster is unfolding the so called “financial crisis” (gamblers and spivs gone bust) is still with us and will unfold over the next year or so with the possibility of chaos and civil disobedience on a massive scale. Greece, at the moment, has almost daily mass demonstrations in most of its cities, with a general strike planned for this month. Spain has the Squares in its large cities occupied, and every other country in Europe has demonstrations and more planned on a unified front. The real pain has still to hit.
Meanwhile the IMF is hell bent on screwing the people of various countries, most of Europe included, by handing governments loans, Of course we all know that nothing the IMF or the European Central Bank does, helps to alleviate the poverty in the world. On the contrary, for their loans they demand “deficit reduction” which translated into ordinary speak, means, cut all social spending, privatise everything in sight and send the money to the busted banks and bond market.
This is capitalism, a system where the parasites with the money gamble and con their way to greater wealth for their little club, and when the gamble doesn't pay off, then they turn to the ordinary people and plunder their assets, decimate their standard of living to ensure that the gamblers and spivs don't lose out for their greed.
How much longer can we afford to allow such a system of greed and exploitation to decimate our world, a world that we will leave to our children and grandchildren. Do we leave them a future of poverty and greed, devoid of hope and opportunity, or do we leave them a world that will allow them to develop to their full potential, free from the fear of deprivation, a sustainable world that sees to the needs of all. The choice is ours!!!