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Wednesday, May 14, 2014

The Profit Motive

The insanity of capitalism with its profits before people motivation is everywhere apparent. Millions spent on armaments while people die from lack of basic medical treatment, immense wealth accumulated by a tiny minority of parasites while millions die from lack of clean water and food, but the following news item probably sums up the madness best. 'In a wide-ranging interview with the India-based Economic Times, Cargill CEO David MacLennan talks about how the globe-spanning agribusiness giant managed to turn the 2008 economic crisis into a "record year of profits" a remarkable performance, given that that year's food-price spikes pushed 115 million people into hunger, as the UN's Food and Agriculture Organization estimated.' (Mother Jones, 2 April) RD

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