American Capitalism Would Collapse Without War

by max blunt
here are winners and losers, an old, bearded, 19th Century economist told us once. That's the way the system works.

Capitalists have been chewing each other up since the Industrial Revolution, said Karl Marx, world famous analyst of "the system", and the battle of mergers and acquisitions still goes on. Dog eat dog.

There are always a few good men left at the table; but winners grow increasingly fewer and richer.

There are now 946 billionaires in the world, according to Forbes, and 371 of them are in the United States with Bill Gates and Warren Buffett topping the list with $56 billion and $52 billion respectively.

So, we wind up with a few winners, a lot of losers, and a plethora of monopolies and oligopolies.

You can see it everywhere in our economy, today. In the mainstream media, five or six oligopolies control just about everything we read, see, hear and think. Multi-national corporations own most of the means of production, distribution and retail trade.

The concentration of capital displaced the handworker and the crafts-worker. LINK