Sunday, April 27, 2014

Poverty and war condemn capitalism

Click here to access article by Finian Cunningham from PressTV (Iran).

The article explains how the neoliberal stage of capitalism has worked its magic to enrich the global capitalist class at the expense of the wealth-creators, the workers.
Workers in Western countries are now paid so badly that businesses are reportedly finding it profitable to return from China - having relocated to Asia in the first place to exploit cheap labor there.
It is an astounding indictment of how capitalism has created a global race to the bottom of misery for workers - yet the Western corporate news media actively conceal this abomination.
This week a BBC business report sounded almost celebratory about the fact that Britain, the US and other Western countries were now said to be "cost competitive" with China and Brazil.