Thursday, 9 July 2015

Capitalism




"… comes from the surplus of the system (profit) being taken out of the real economy (the economy of physical goods and services) and put into the financial sector to generate more wealth for people who are already wealthy. This requires the economy to continually grow to compensate for the extraction of profit, which is essentially the extraction of the economy’s surplus."

 Jennifer Hinton on the Greek Crisis, Truthdig
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