Comments by "Kim O\x27Brien" (@kimobrien.) on "Why The U.S. Can’t End Poverty" video.

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  8.  @NeatoMosquito44  Capitalism is only about 500 years old. Before capitalism was feudalism where most people lived on the land and engaged in handicraft production. Capitalism created us the industrial workers who build and make everything. Today production is carried out with a world wide division of labor. It is estimated that to build that computer you are using the raw materials and parts pass though one hundred countries before it arrives to the end user. So while production is carried out on a world wide basis the capitalist owners are only small groups who run their business for profit to sell what is produced in a market. The natural working of capitalism have produced national ruling classes that compete for the control of the world market and resource This competition leads to Imperialist war and fascism (war on the trade unions) at home. Its is the tendency of the rate of industrial profit to decline that drives the bosses into class conflict with the workers. Only by taking control of industry can the working people defend their standard of living and move beyond the greed of the capitalist bosses who are driven to maximize profits. Economic crisis is part of the natural workings of capitalism cause by the fact that the workers can not buy back all that is produced. All capital does is accumulate and demand a return on investment. The capitalist become nothing more than a giant cycst on production sucking up surplus value in their ledger books and spread sheets. .
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