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Thursday, June 17, 2010

THE ARROGANCE OF THE CAPITALIST CLASS

In a society wherein children are trying to survive on a dollar a day the obscene wealth of the owning class and their flaunting of their riches has recently found a particularly obnoxious example. "A bidder has agreed to pay $2.63 million for a steak lunch with the billionaire investor Warren Buffett in a charity auction held on eBay Inc's website. The highest bid in the 11th annual auction topped the previous record $2.11 million paid in 2008 by Zhao Danyang, a Hong Kong investor. Wealth manager Salida Capital Corp of Toronto won with a $1.68 million bid in 2009." (Reuters, 11 June) Millions of dollars spent on lunching with a billionaire while millions of children starve, do you need any other reason to get rid of capitalism? RD

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