The Mudcat Café TM
Thread #119265   Message #2586952
Posted By: akenaton
12-Mar-09 - 04:09 AM
Thread Name: BS: Capitalism has outlived its usefullness
Subject: RE: BS: Capitalism has outlived its usefullness
Can you not see that Capitalism, within a firm social contract, is now unable to sustain itself in so called developed countries.

The waste of resources, energy, materials and labour has become so great,that the economic growth required cannot be achieved by conventional Capitalism. We are now forced to manufacture false "booms" based on credit burdens much too heavy to ever be repayed.

The endgame of course is already in progress....."quantitive easing" or in good old fashioned speak....The printing of money!

When folks begin to realise that this term has a third meaning, (armed robbery of their savings, pensions and public sevices)...and start to protest about it, we move to the final stage of Police State and Facism.

"Virtuous Capitalists" soon turn into tyrants when asked to endure the same conditions as the common people.