Monday, 18 July 2011

SS Titanic-Capitalism is still heading straight for the rocks

Perhaps I should have entitled this post the 'comedy of errors'? The problem with that title that I have, is that the current crisis of capitalism, which is manifesting itself in the sovereign debt crisis, is being so cack-handedly managed by our leading politicians that it is really a human tragedy, rather than a comedy.

In the UK, the NoW phone hacking scandal is moving so quickly that people are forgetting about the main event - the slow motion collapse of the world economy, and the feeble attempts of politicians in Europe to deal with it - see this. The reason for the failure of politicians in Europe to sort out the economic crisis is obvious; they are completely blinkered; they are so conditioned to neoliberal 'free' market fanaticism and looking after themselves and the rich, that they, like the Captain of the Titanic, are going down with the ship.

Its just a pity that there are many many hundreds of thousands of Europeans, and other millions of peoples around the world who are going to suffer in the process. They don't deserve to suffer - the politicians do.

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