Showing posts with label capitalism. Show all posts
Showing posts with label capitalism. Show all posts

Capitalism Is Bad for Us

Research shows that capitalism is bad for us. Since the 1970s there has been an increase in mental illness of adults and children. Indications are that it is due to capitalism because the rise has been noted in English speaking capitalist countries and not in non-English speaking non-capitalist nations.

About 23 per cent of Americans, Britons, Australians, New Zealanders and Canadians suffered in the last 12 months, but only 11.5% of Germans, Italians, French, Belgians, Spaniards and Dutch.  Could language itself be a factor? Selfish Capitalism has massively increased the wealth of the rich, robbing the average earner to give to the rich. But there is no "trickle-down effect" despite what politicians say.

Real wages have decreased in the US over the last three decades. Governments have reduced tax payments of the rich, placing responsibility for payment on low income earners.  Nothing is being done to reduce "middle class welfare".  Many people use the term middle class when they are really speaking about the wealthy upper class.  There seems to be an odd taboo about saying the words "upper class". 
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Economics by Ty Buchanan
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