The system is clearly not working
The crisis of dog-eat-dog style capitalism
But in the US, it’s total “radio silence” on this subject
The 2008 financial crisis brought an end to the cheap credit cards, subprime loans and easy credit.
Wages are now steadily falling and imposed austerity measures are wiping out social spending. So people are being left with increasing debt and their stagnant or falling wages with nothing to prop them up.
Meanwhile Wall Street is racking up massive profits. Leading hedge fund owners received personal remuneration of $3 billion each in 2009 and their take has been steadily climbing.
Can we find a more responsible, just and humane economic system than capitalism?
