 |             gronchbove: So true. In 2008, the Capitalist system was in trouble. What did the Capitalists do? Bail out the banks. All of the 99% should be outraged!  Him_over_there in reply to gronchbove: Correct. And this one act alone is enough for all who have eyes to see that we live under a Bourgeois Dictatorship, not a democracy. gronchbove: Him, you have the UK & EU vote in June 2016, right? Some think Deutsche Bank might go bankrupt. The world needs to turn its back on these Danglo bankers now! I know Portugal already elected a Socialist government. Him_over_there: Yes, that's right 'gronchbove'. And what the genuine Socialist movement strives for is not simply turning away from but appropriating the whole banking system into common ownership and democratic control. Power to the people! gronchbove: Yes, you know the British system. The Royals get the High Street Banks to pay the Socialists and Capitalists to smile, but the system is primarily Capitalistic. The profit is placed about human value. We are at the crossroads. Him_over_there in reply to gronchbove: There are always those who claim to be Socialists yet are in fact as you suggest, imitators, quislings, and wolves in sheep's clothing. And we shall know them by their fruits and by their paymasters. gronchbove: Finger calls your politician - Scameron. Yeah, much of the Capitalist system is fake. Sadly, Greece thought they were electing Socialists, but their predicament has not changed. gronchbove: Eagster, one of the key points that Europeans make in suggesting that their system is superior is that it benefits all people. An inequal division of wealth leads to starvation.  bellerauhaar23: And this has got even more extreme since the pandemic. I think it’s very simple, is it fair? Most wealth if not all was built on the imperialism and slavery and exploitation of other peoples or of the poor. That’s the foundation of the West. Reparations are in order and you can start with the billionaires. The thieves should give something back. The very simplest way to redistribute the wealth is through tax, then it can be spent where needed, whether home or abroad. Priority spending should not be on phallic space rockets.  (Post deleted by Yaayaah ) |
Sixty-two Billionaires own half the World
Marx’s prediction that capitalism concentrates wealth in fewer and fewer hands reaches its absurd fruition:
"In 2010, 388 billionaires owned half the world’s wealth - enough to fill a jumbo jet. The [Oxfam] 2014 report, “Even it Up”, showed that by 2013 that figure had fallen to eighty-five - enough to fit on a double-decker bus. It is now sixty-two.."
"This is capitalism in all its glory. The rich get richer, while billions of people struggle to survive on meagre wages and, according to UNICEF, 22,000 children die each day of poverty."
(full article) http://www.marxist.com/sixty-two-billionaires-own-half-the-world.htm