Tuesday, August 14, 2012


Every day in the press and on the TV we get the same message. That capitalism is a wonderful system and the only possible one, but it is doubtful if anyone has ever beaten the writer Charles Murray in his blatant support of the profit system. "From the dawn of history until the 18th century, every society in the world was impoverished, with only the the thinnest film of wealth on top. Then came capitalism and the Industrial evolution. Everywhere that capitalism took hold, national wealth began to increase and poverty began to fall." (Sunday Times, 12 August) This defence of capitalism makes no reference to its inevitable economic conflicts that lead to wars, to its world hunger in a world capable of feeding everyone and its staggering differences in wealth distribution. RD

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