Socialism is a society wherein every human being capable of it works according to their ability and in return takes according to their needs. Capitalism is a society wherein a small minority own the means of production and distribution and where the majority must work for a wage or a salary and produce a surplus value enjoyed by the small minority. So how is capitalism faring today? 'The unemployment rate in Britain has risen for the third successive quarter, with 15,000 more people jobless and looking for work in the three months to March. The total rose to 2.75 million, pushing the official unemployment rate up to 7.8 per cent of the workforce.' (Times, 16 May) Nearly 3 million people are stopped from producing wealth today in Britain. Think of a world socialist society and how much more productive it could be than a production for profit society like capitalism. RD
The Glasgow & Edinburgh Branches Blog. Towards a better understanding of the world, in order to change it.
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