Isn’t capitalism great?

Covid created 20 new ‘pandemic billionaires’ in Asia, says Oxfam
While wealthiest got richer, 140m people fell into poverty as jobs were lost, wiping out years of gains for poorest, report finds

What a glorious system capitalism is. Disaster strikes and there are folks out there, already ready, with the things we need to compensate for the disaster. No planning necessary, just greed does it. Glorious, innit?

8 thoughts on “Isn’t capitalism great?”

  1. Given the scale of the deaths brought about by the criminal conspiracy of government bureaucrats and crony capitalists it might be worth distinguishing legit capitalism from this illicit sort.

  2. Cue moral outrage, calls for a wealth tax, and a Twitter mob with 280 character torches and pitchforks.

  3. The NHS Covid-19 lateral flow tests, of which millions, perhaps billions have been issued, are all stamped “Made in China”. Here in the UK we’d still be arguing over planning permission for the factory.

  4. Here in the UK we’d still be arguing over planning permission for the factory.

    Yeah, the Chinese are also pretty easy going about bio-warfare research lab permissions and the regs therein. Great, init.

  5. It’s anything but “glorious”. Ypres , the Battle of Balaclava and the Somme were “glorious”.

    Capitalism is the stuff of James Clavell’s vastly unappreciated “King Rat” , especially when George Segal plays the protagonist.

  6. To my surprise, I’m with Oxfam on this one, Perhaps if I chased the link it would reveal some of their usual idiocy but I can’t be bothered.

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