Capitalism is often hailed as the most efficient way to run modern society, but recent unemployment figures from Spain show what a waste of human resources it is. 'Spain's unemployment rate soared to a new record of 27.2% of the workforce in the first quarter of 2013, according to official figures. The total number of unemployed people in Spain has now passed the six million figure, although the rate of the increase has slowed.' (BBC News, 25 April) These unemployment figures are mirrored in other European countries and illustrate what a wasteful society capitalism is. RD
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