Friday, April 05, 2024

The Cost of Capitalism

UK government figures for 2023 show 12 million people suffering food insecurity and being unable to heat their homes. A report by Which? magazine shows a sharp increase in households defaulting on ‘essential payments’ and one in six skipping meals.

Although millions do keep their heads above water, living reasonably comfortable lives, this is usually at the cost of working hard for a lifetime, never being free of financial insecurity.

We cannot trust the anarchic, irrational market system to fulfil the most basic human needs such as decent housing and food for everyone. Dedicated to producing profit for the tiny minority, it is not designed to cater for the needs of the majority, let alone for the most deprived members of that majority.

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