When I, a citizen of Australia, analyse capitalism's weaknesses, it is easy and obvious to single out the distribution of wealth in an economy (from majority to the elite). This is common disgraceful knowledge.
I for one. especially in my country, am depressed by the immoral and destructive effects of the de humanising and divisive effects of this evil primitive economic system on the social fabric and especially on individuals.
Australia is now a typical capitalist example of an elite monopoly, where the tsunami of wealth generated by natural mineral abundance ($500 Billion 2010-11) is hoarded and exploited by this small (mainly) foreign group.
While this ocean of aussie dollars escapes the country as exports, thousands and thousand of workers are sacked (some of these industries even supported by federal government tax money, like the motor industry), to be ejected, to be made to compete again, worker against worker, divided and crippled on the country's meagre, cruel welfare system (only eligble workers with less than $6000 cash in bank and a partner earning less than $17 per hour are eligble to receive $235 per week unemployment benefits!). This army of unemployed, underemployed or just plain "discouraged workers" or as the ABS ( Australian Bureau of Statistics) cooly describes them, they are simply 'statistics'!
A private respected statistical measure ("Roy Morgan-Unemployment" ) calculates all those of capitalism's discards at around 17% (April 2012). This figure is never quoted by the elite's media, rather the ABS 's
5% is the darling of the government and of course the immoral commercial class! (a figure based on telephone interviews of a pre set number of respondents around Australia who have/have not worked 1 hour in the previous week)
This tsunami of rejected, elite's flotsam are never to be heard from again in the elite controlled media...they simply become invisible!
The consequences for this social criminality i.e. family breakdown; suicides and youth dis-connection are all left to the 'community sector' (and associated private not for profit sector) psychologists, psychiatrists and para- welfare church societies, who always ask the community (from whence the damaged group came) for charity and assistance BUT never ask the obvious question " why and how did they become so dependant in a wealthy country like Australia?"
This individual pain and suffering and immorality set against the rich's private spending (and tax avoidance) and hoarding of the tax base, by their constant request for more tax cuts, is without any doubt, human criminality and immoralty personified!
Consumerism has so divided us and capitalism has so psychologically manipulated the spirit of our natural humanity, that the mere mention of unemployment and hardship in our media, has now disappered from comment and concern by talk back radio and social media, especially from our youth.
Eventual financial world wide armageddon cannot come soon enough so as to stop this pain, once and for all!
"The last Capitalist we hang, will have sold us the rope..."
Pain MUST end soon!