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Living within a living, loving planet
Capitalism Just Isn’t Working
The Evidence Keeps Pouring In: Capitalism Just Isn’t Working
Global Failures
“Capitalism hasn’t been able to control runaway global inequality. For every $1.00 owned by the world’s richest 1% in 2011, they now own $1.27. They own almost half the world’s wealth. Just 70 of them own as much as 3.5 billion people.”
“Nor has capitalism been able to control global environmental degradation, with trillions in subsidies going to polluters that don’t even pay their taxes, and with corporations ignoring any semblance of social responsibility as they seek ways to profit from global warming.”
http://www.nationofchange.org/2015/08/24/the-evidence-keeps-pouring-in-capitalism-just-isnt-working/
| Print article | This entry was posted by sky on August 25, 2015 at 11:13 am, and is filed under Capitalism, Obscene Wealth. Follow any responses to this post through RSS 2.0. Both comments and pings are currently closed. |
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