Friday, April 11, 2014

The Plain Brutal Fact.

For some years, the apologists of capitalism have touted Sweden as an example that capitalism with a small dash of socialism will work. They mean free enterprise and the welfare state wedded together, that has meant some prosperity, low unemployment and lack of abject poverty in the country. However, the population of Sweden, as elsewhere, lives under capitalism and nothing stands still, so prosperity doesn't last. The Toronto Star of February 22, reports that they now have shanty- towns in the suburbs of Stockholm. Growing unemployment in the last six years has caused at least twenty shanty-towns to spring up. That's in a country that has largely avoided Europe's debt and economic crisis but now has beggars on the streets. The plain, brutal fact is that no matter how good things may get, at times, under capitalism, it won't last. John Ayers.

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