We have tried many economic systems on this planet and all have had winners and losers. Idealism is not an economic system. It is false hope that Obama is promising. That is what is rubbish.
On Feb 1, 7:25 am, "\"Lone Wolf\"" <[email protected]> wrote: > Rubbish. > > On Feb 1, 9:47 pm, rigsy03 <[email protected]> wrote: > > > > > There is no fair system. Yet. > > > On Feb 1, 3:20 am, "\"Lone Wolf\"" <[email protected]> wrote: > > > > Please explain how capitalism is not a failed system when poverty, war > > > and misery have exploded exponentially over the last 3 decades, the > > > environment is choking to death as millions of jobs are being lost > > > worldwide every week—even large monopolies are collapsing. > > > > We have the added spectacle that those who promote and defend the > > > system not being able to explain why this crisis has occurred and > > > putting an effective strategic solution in place—after all if we are > > > to accept this system is the highest possible level of social economic > > > relations as we have been led to believe then it is fair to assume > > > that there is evidence to support this. Do we normally accept what we > > > are told at face value when dealing with important issues in our daily > > > lives, or do we seek evidence to guide us when making important > > > decisions? > > > > Human nature is fascinating. We are always dubious of the honesty and > > > integrity of insurance salesmen, used car salesman and politicians > > > etc, yet the system itself cannot be questioned when it is obvious > > > that it constitutes the biggest failure and source of disaster in > > > human history. > > > > UNEQUIVOCAL PROOF. > > > > Anyone care to provide a solution that will can turn a system of > > > destruction into a system of benevolence and progress > > > > • The wealthiest 10% of the world’s population accounted for 59% of > > > total private consumption > > > > • The wealthiest 20% of the world’s population accounted for 76.6% of > > > total private consumption > > > > • The poorest fifth of the world’s population accounted for just 1.5% > > > of total private consumption > > > > • The poorest 10% of the world’s population accounted for just 0.5% of > > > total private consumption > > > > • At least 80% of humanity lives on less than $10 a day > > > > • The poorest 40 percent of the world’s population accounts for 5 > > > percent of global income. > > > > • The richest 20 percent accounts for three-quarters of world income > > > > • The wealthiest nation on Earth (the USA) has the widest gap between > > > rich and poor of any industrialized nation > > > > • In 2005, the world’s billionaires, about 500 people (approx > > > 0.000008% of the world’s population) were worth $3.5 trillion (over 7% > > > of world GDP) > > > > • In 2004 the total wealth of the richest 8.3 million people increased > > > by 8.2% to $30.8 trillion, giving them control of nearly one quarter > > > of the world’s financial assets. In other words about 0.13% of the > > > world’s population controlled 25% of the world’s assets > > > > • From 1960 to 1997 the average income of the wealthiest 20% of the > > > population in the developed countries went from 30 times that of the > > > median income to 74 times median income > > > > An analysis of long-term trends showing the distance between the > > > richest and poorest countries > > > • 3 to 1 in 1820 > > > • 11 to 1 in 1913 > > > • 35 to 1 in 1950 > > > • 44 to 1 in 1973 > > > • 72 to 1 in 1992 > > > > 12% of the world’s population use 85% of the world’s water > > > One quarter of the world’s people live without electricity > > > Half the world’s children live in poverty > > > Approximately half the world’s population live in cities—in 2005 one > > > in three were living in slums > > > In 2003 10.8 million children died before the age of five due to > > > poverty related causes > > > > NB. Whether socialism is or has been a failure is not an issue. The > > > Question is, does the current system work or does it not? If it does > > > not, then it must be changed—only then does socialism becomes an > > > issue. Also using the supposed failure of socialism to defend the > > > maintaining of the utterly discredited capitalist system is cynical > > > and dishonest. > > > > FORGET IDEOLGY AND PROVIDE A WORKABLE SOLUTION.- Hide quoted text - > > > - Show quoted text -- Hide quoted text - > > - Show quoted text - --~--~---------~--~----~------------~-------~--~----~ Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more. -~----------~----~----~----~------~----~------~--~---
