This week was a great example of why we need more Socialism and why the Capitalist Pig Dogs are taking everyone for a ride.
First up was the Tesco Supermarket who announced profits for the last financial year of £2bn and then on the same day, the Nationwide Building Society reported a £1.49 billion profit for the same period.
As Tesco is owned by major institutional investors, the bumper profit will be shared out to its shareholders but as the Nationwide is owned by its customers (members), their profit is to be shared out amongst 4 million customers who will receive £100 into their Nationwide account.
Sums up nicely the Capitalism mantra of a business is there to to generate profit and maximise returns only for its owners and the Socialist mantra of collective ownership and spreading the profits amongst its members.
That is the problem with the Capitalist Society we have, it is run for the few while Socialism is run for the many so just imagine how much better off we would be under Nationalised industries and you can blame Margaret Thatcher and the Conservatives who in the 80's went on an orgy of
privatising the rail, utility, mail and water industries while selling us the line that it would make them more efficient, generate investment, lower costs and save jobs while in reality all it led to was large scale redundancies, prices sky-rocketed and the previous British companies are largely in the hands of a small group of investors who pay themselves billions in dividend payouts
We need more companies in our hands who will use the profits for the good of everyone and not just for the good of the few and that my friend, is why Socialism is good and Capitalism sucks.
Friday, 22 May 2026
Why Capitalism is Crap Example 7,946,727
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