Go Home

Political corruption

2 documents found in 0 seconds.

Capitalism And Class In America

Economist Richard Wolff explains the weaknesses of capitalism and the need for Americans to understand the system under which they live and work.

There are many problems associated with capitalism (state capitalism): wage slavery, concentration of wealth and power, undermining of democracy, repression of curiosity and creativity, environmental destruction, the boom and bust cycle (over production), economic depression, promotion of competition over cooperation, isolation of individuals from society, consumerism, escapism, apathy, emotional instability, political corruption (cronyism), suppression of science and technology research due to short term profit motive, personal debt, crime, violence, war, etc.

The strength of capitalism is its ability to produce enormous wealth (surplus), but this is only possible through state capitalism (government control of the economy).



'Nothing Would Be Worse Than Getting Back to 'Normal''

One year after the Madrid anti-capitalism riots of June 15, 28, and 29th, 2011...

The series of protests demands a radical change in Spanish politics, as protesters do not consider themselves to be represented by any traditional party nor favored by the measures approved by politicians.

Even though protesters form a heterogeneous and ambiguous group, they share a strong rejection of unemployment, welfare cuts, Spanish politicians, the current two-party system in Spain between the Spanish Socialist Workers' Party and the People's Party, as well as the current political system, capitalism, banks and bankers, political corruption and firmly support what they call basic rights: home, work, culture, health and education.

According to statistics published by RTVE, the Spanish public broadcasting company, between 6.5 and 8 million Spaniards have participated in these protests.