Showing posts with label bail outs. Show all posts
Showing posts with label bail outs. Show all posts

2010-12-12

Generation Inspired - Let Capitalism Fail



No comment required.

However, I cannot help but comment as I watch this and think about how we are supposed to react to the international response to the economic crisis and the measures being taken to save capitalism from collapse. What is happening is exactly what Karl Marx predicted except that he did nor foresee the use of a form of socialism for the rich to save capitalism. As governments world wide use austerity measures against workers to bail out the banks and corporations that have exploited them for years we are supposed to sit back and take it because there is no alternative.

But, there is an alternative. Let history happen. Let capitalism fail and build a new society from the ashes of the old.