The problem with Capitalism is that it falls over time and time again and it is the little guy who gets hit but as the people who run these things rely on Capitalism to maintain their large houses and even bigger bank accounts, it isn't going anywhere soon so keep that envelope for 'Sell Your Gold' handy because nothing is going to change.
The thing came crashing down in 2008 and from that we had the right wing ideology of austerity where everything was slashed in an ideological zeal which they said HAD to introduced to bring it down but which achieved nothing, the debt actually somehow went up from £1.0 bn to £1.5bn when austerity was officially ended in 2019 and achieved nothing except hollowing out all the essential services and here we are in 2025 still struggling with the results of the Conservative Parties response to 2008.
When the Labour Party took over a year ago the National Debt was £2.2 trillion and our taxes were at the highest rate since 1945 and dont get me started on the whole idea of Privatisation, what a bright idea that was.
The whole system is designed to make profit for large companies who don't care how people pay their extortionate prices because the Capitalists who now run the UK's public utilities do not seem to be serving the public very well, taking the customers left, right and centre, as the water, gas and electric suppliers know that whatever they put their prices to, we HAVE to have them.
Nobody can argue that since they went private the rail, utility, mail or water industries have been more efficient, generated investment, lowered costs or saved jobs because what actually happened is large scale redundancies, prices sky-rocketed and the previous British companies are largely in the hands of a small group of international investors who pay themselves billions in dividend payouts and as we found out recently, tax free.
The whole system should be shook up because Capitalism. Crap 'innit.
Monday, 2 June 2025
Capitalism's Crap
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12 comments:
arrrg, no edit ability and you are so worried about grammer and speeling...
nice rant. clueless of course, but nice rant.
1. the tax amount doesn't matter if the gov spends more than it takes from the people
2. the "thing" didn't come crashing down in 2008. investments did, but they also recovered by 2009...
3. what economic system do you propose is better? before you answer accept that since capitalism, billions of people have come out of abject poverty
4. what economic system do you propose is better? before you say socialism/communism look at the performance of N. Korea, Cuba, Venezuela, USSR, and China (which had a good 20 year run but is about to fall hard).
5. companies make a profit, but the profit goes to the owners - SO PUT YOUR MONEY in mutual funds instead of a stupid-ass savings account...
6. the system is not designed for large companies to make a profit. it is designed to enable innovation, so people can get things they otherwise would not be able to get...
7. if privatizing failed, maybe it is because you brits have forgotten how to run a solid business and economy...
8. if your debt grew, then you didn't really make significant cuts in spending...
quit blaming "capitalism" and look for the real problem (it can be found in the mirror).
for someone with a college education, i assume you have an education, and a relatively high paying job, you whine a lot about the system that enables your life style...
I only have a problem with people who are oh so desperate to make me think they are actually clever but have a dismal handle on Grammar and try to hide it by saying something ridiculous like they used all their Capital Letters in employment or whatever that hilarious awful excuse was you pulled.
I say let us ask the people who lost their homes, businesses, jobs, savings, marriages and in some cases their lives what they think of it. Surprise surprise, they said it was crap also.
of course you want to ask the people that lost things... even if their poverty is better than the middle class in most nations of the world... thank you capitalism
i get you. you never truth or facts get in the way. just keep pushing that "oppressed" and "oppressor" crap just like lenin, marx, stalin, mao, castro...
'like lenin (sic), marx (sic), stalin (sic), mao (sic), castro (sic)...' it's like a Godwin's Laws with Communists instead of Nazi's for you. Always rely on you to go the full David G regardless of the content of the post. Is it an illness?
diversion... again
it doesn't hide your ignorance of economics, human nature, or governance
Now known as Quentin Smith’s law or as you would put it Quentin smiths law because you are not very good at grammar.
if i'm wrong about economics, human nature, or governance then explain how i'm wrong.
or, keep avoiding your ignorance of most topics (you seem to know a lot about punk rock) by directing personal insults at me.
do you even know enough about any non-punk-rock topic to begin a defense of the given topic?
didn't think so... but prove me wrong.
Think what you like, i have no desire to prove anything to you, what you think has no bearing whatsoever on what i write about or how i write about it so think about me and what i write about whatever way your heart desires.
oh, i know all that. i just call out all your errors in case somebody but me reads your blog one day. we can't have a young mind polluted by the bunk you post.
I think anyone reading the comments will be more entertained by your (often hilarious) nonsense, mainly because you either know it’s nonsense but still say it anyway or you just don’t realise how awful they are which in many ways is even more hilarious.
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