Showing posts with label This is Capitalism. Show all posts
Showing posts with label This is Capitalism. Show all posts

Thursday, September 15, 2022

This is Capitalism: UN says 50 million people stuck in ‘modern slavery’

Protest against child slavery in India.
The intensification of exploitation in monopoly capitalism continues to produce modern ways of slavery, which was particularly escalated during the two years of the Coronavirus pandemic in 2020-2022. 

Fifty million people around the world are trapped in forced labor or forced marriage, the UN said Monday, warning that their ranks had swelled dramatically in recent years.

The study by the UN's agencies for labor and migration along with the Walk Free Foundation found that at the end of last year, 28 million people were in forced labor and 22 million living in a marriage they had been forced into. That means nearly one out of every 150 people in the world are caught up in modern forms of slavery, the report said. The Covid pandemic, which worsened conditions and swelled debt levels for many workers, has heightened the risk, the survey found.

Tuesday, December 15, 2020

Questo è il capitalismo: Queues form outside Milan food banks as capitalist crisis deepens

The scenes you are going to see are from Milan, the industrial, commercial and financial center of Northern Italy and one of the Europe's wealthiest cities. Hosting a significant number of large multinational groups (e.g. Amazon, Apple, Coca Cola, HP, Huawei, IBM, Microsoft, Nestle, Samsung, Siemens, Vodafone, Whirpool, etc), Milan has in terms of GDP the second-largest economy in the EU after Paris.

But behind the impressive facade of capitalist growth, there is another Milan which reflects the deepening class inequalities and the results of long-time policies by the bourgeois Italian governments and the European Union

Wednesday, April 3, 2019

Capitalism in Britain: Homelessness increased by 165% since 2010

The images are disturbing and show the tragic reality of the rotten capitalist system. 

The statistics about homelessness in the United Kingdom reveal capitalism's barbarity. 

According to a report by The Independent, thousands of people sleep rough every night in the cold streets of London and other large cities. Both the two bourgeois parties which have governed the country all these decades, the Conservatives and the Labour Party, bear huge responsibility for this situation.

Sunday, April 8, 2018

This is Capitalism #7 - Richest 1% on target to own two-thirds of all wealth by 2030

According to a report published in The Guardian (7 April), the world’s richest 1% are on course to control as much as two-thirds of the world’s wealth by 2030

An alarming projection produced by the UK House of Commons library suggests that if trends seen since the 2008 financial crash were to continue, then the top 1% will hold 64% of the world’s wealth by 2030. Even taking the financial crash into account, and measuring their assets over a longer period, they would still hold more than half of all wealth.

Tuesday, January 30, 2018

This is Capitalism #6 - Number of homeless people in England hits highest level on record


According to a report published on the Independent, the number of people sleeping rough in England has hit a record-high – after a 73 per cent increase over the last three years. 

Monday, January 22, 2018

This is Capitalism #5 - The world's richest 1% took home 82% of the wealth produced by workers in 2017

Eighty two percent (82%) of the wealth generated last year went to the richest one percent of the global population, while the 3.7 billion people who make up the poorest half of the world saw no increase in their wealth, according to a new Oxfam report released today. The report is being launched as political and business elites gather for the World Economic Forum in Davos, Switzerland.

Saturday, January 13, 2018

This is Capitalism #4 - No Money? No Care! Baltimore patient dumped outside in freezing cold!


This is Capitalism No #4

Shocking video shows security guards of the University of Maryland Medical Center Midtown Campus wheeling a disoriented patient out onto the street in just her gown and dumping her alone at a bus stop in the freezing cold. 

Wednesday, January 10, 2018

This is Capitalism #3 - Two million children are forced to work in Turkey

According to soL international, the Communist Party of Turkey (TKP) protested child labour in front of the Istanbul Provincial Directorate of Social Security Institution on January 5. TKP already launched a widespread campaign at the end of 2017, "Child labour must be prohibited". The recent protest came after the Ministry of Labour and Social Security declared 2018 as "the year of fighting against child labour".