Dear Editor
The economic crisis was created by financial institutions and the banking systems, and they and their political supporters are now passing the cost onto the working population: cutting jobs, freezing wages and raising prices – causing widespread poverty and despair, not only in the UK but world-wide. This clearly shows their determination to protect themselves by any and all means.
All history shows that systems change: serfdom, feudalism, early capitalism, industrial capitalism to today’s financial capitalism. Each system in turn created problems they were unable to solve, but those who stood to gain most from the existing system strongly resisted any change.
The common factor of all these systems was that they were organised mainly for the benefit of the few. Today, the same is happening: financial capitalism moves money around the world to maximise their profits irrespective of the poverty created in country after country. As a system it can only operate in this way, engaging in what they call the ‘global race’ – this is fully backed by David Cameron.
A change of system is now needed, but it cannot be plucked off the shelf – effecting a change will involve everyone with ideas and determination to organise a social system to cater for the needs of all for life.
The NHS is one example of such social policies that can be ut into place, which everyone must defend alongside other social policies that exist. Social policies should include, for example: Rail, bus and air transport; gas electricity and oil suppliers, house building, care and security for the elderly and no privatising of schools.
Companies who own and control these indispensible industries operate for maximum profit at our expense: if operated socially it would bring about changes in the system.
Tony Delahoy
Silverknowes View
24
0
20
