Governments are always boasting what an efficient social system capitalism is. They also claim how well they run the system, but such a claim seems somewhat hollow.
"Benefit fraud has fallen from £2 billion to £800 million a year since 2000, but the Government is spending more money identifying overpayments than the amount being tracked down, an official report has shown. More than £154 million was spent in the last financial year to identify £106 million worth of overpayments due to fraud, said the National Audit Office (NAO). An MP said the track record of the Department for Work and Pensions (DWP) in recovering money lost to fraud was "frankly embarrassing".(Guardian, 23 January) RD
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What is the basis of present-day society? T his is called a "property-owning democracy" where 10% own 90% of the wealth. Ther...
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If capitalism is presently incapable of solving the more pressing problems faced by humanity, we can well ponder what a difficult time ahe...
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