By Paul Rosenberg, FreemansPerspective.com
Let me be blunt: Our capitalist system is approaching failure.
Or, perhaps better said: Our marginally capitalist, partly-free market systems are approaching a massive collapse.
Not because of what capitalism is, mind you, but because the powers that be have bastardized it.
Capitalism can bear many distortions and abuses, but it is not indestructible.
And, make no mistake, the ‘capitalist’ system we have today has been massively corrupted, so much so that it’s sagging under the load… and will continue to do so until the proverbial straw breaks its back.
The 9 Plagues
- The average producer is being stripped bare. In the US, for example, the total take of taxes has not risen dramatically, but fewer and fewer people actually pay them. There was a big uproar during the last election cycle over the fact that 47% of working-aged Americans paid no income tax. That means that the half who do work (read suckers) are paying the whole. And more than that, they are also paying for the many millions who are on food stamps and disability. Producers are being punished and abused, made into chumps. Continue reading
The number of Americans receiving subsidized food assistance from the federal government has risen to 101 million, representing roughly a third of the U.S. population.
With the Western (and Japanese) media focused almost entirely on the actions of their central-planners-in-chief and how effective they are, it seems human’s omnipotence over complex systems is being greatly challenged by the ongoing Fukushima disaster. 
