Sunday 6 May 2012

Why the problem is NOT the 'deficit'.

For people not following me on twitter and facebook, I'm posting this link here, having posted it on twitter and facebook. It is stark evidence of how capitalism reaches a point in which it is unable to unleash its own productive forces and grinds to a halt. It shows that it is downright lies to claim that the  country's problem is 'the deficit' as if it is this that is dragging us back or down! The problem is that the massive wealth (£750 billion pounds) produced by the work of millions of people is sitting in the safes of corporate Britain. Capitalism is unable to get it making useful things we need.

Every time we hear commentators and politicians going on about the deficit, we must, must remind them and everyone around us that this money exists sitting doing nothing.

Here's the article: