Tuesday, September 30, 2008

Capitalism has Failed !

Well, yeah, I guess it works most of the time, but with the Wall street crash we have a prime example of every man for themselves in a capitalist world.

People freak out because they are losing money, but forget to realise that the very nature of the beast is that it can bite you at anytime.

It has just bit us.

We will all be affected by the downturn in profits from a rich guy in Wall Street.

Your savings will be affected by some bloke who decided to sell OJ below its asking price. Your property will lose value because a foreign cosmetics company has gone out of business.

Its all intertwined. Maybe we need to let it crash and just hit the reset button and begin again as it were.

I dream of a world where essential things such as health, emergency services, shelter and even transport are all guaranteed under the social umbrella of the State.
A social base of essentials with profiteering / capitalism can roam free on top of it, where people can trade all they want in luxuries only.

Will it ever happen?

Thanks god I at least live in a country where the basic right of health care is Free!

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