What is the basis of present-day society? This is called a "property-owning democracy" where 10% own 90% of the wealth. There is a constant conflict of interests between this minority and the vast majority whom they employ to produce profit for them. The minority accumulate all wealth produced over and above the wages on which workers survive. Capitalism is based on a fundamental class division between owners and producers.
An employer who spends £100 on materials and machinery in a week, and £100 on a wage to a worker, then accumulates all the surplus value that is produced. By mid-week, the worker has created £200 worth of saleable commodities, thus covering the employer’s costs. But the worker must continue, and all that is created during the rest of the week is surplus value, which serves to increase the capital of the capitalist class. This is the legalised robbery on which present-day society is based. The talk of democratic rights means little more than that we delicately forge for ourselves the very chains that bind us.
What, then, is the sanity praised by defenders of the global profit system? Adam Smith’s magical “invisible hand” of market forces is now somewhat different from what it was in the eighteenth century. Markets today are no longer small, local, or self-contained but international. The buying and selling system has come to dominate the entire world over the past two hundred years. However it is reformed or modified, from the Kremlin to the White House, the market cannot be made to serve real human interests, the needs of humanity as a whole. The only demand that the profit system can ever recognise is that which is backed up by cash. The capitalist slogan is profit before the needs of the majority.