The capitalist system is now a world wide system,
but a system that has failed miserably to see to the needs of the
people of this planet. The world is split between rich, so called
high income countries, and devastatingly poor countries. To the
apologists of the capitalist system this is an ongoing process, to
them, soon all the countries will be high income countries. However
the facts on the ground tell a different story. Today most of people
in those high income countries are seeing their incomes drop and in
some case very dramatically, Greece, Spain, Italy, Portugal, Ireland,
to mention a few. So called poor countries are not always poor in
resources, Niger and Mali spring to mind. Even in the so called high
income countries poverty tugs at the sleeves of the ordinary people.
In the “rich” high income countries
approximately 60 million people turn to food banks to just get by.
That is almost equivalent to the entire population of the UK. A
staggering 7.2% of the entire population of all the high income
countries need to get help from food banks to survive. This is the
success story of capitalism in the rich countries, consider the
poverty and hunger in the poor countries. It is not that the food and
resources just aren't there, we live in a world of abundance, wealth
is stockpiled, we have food rotting in shops and warehouses, a recent
study showed that 50% of all the food we produce is thrown away. We
could all sit at the planet's table and eat our fill. However we have
devised a system that won't allow that to happen, unless a few parasites can
make money from the process. Until we end this insane capitalist
system, millions will go hungry and poverty will continue to grow.