Capitalism leaves people to starve
The average household of four in the USA’s top one per cent spends $3 million a year on luxuries. In famine-stricken Somalia, more than half the population of nine million live on less than $1 a day. Each one of those rich households in the USA, if it limited itself to necessities, could spare enough to double the income of almost one million Somalis. The richest one per cent in the USA — three million people — consume between them 70 times as much as the entire income (consumer spending, public services, investment, the lot) of 92 million people in Somalia and Ethiopia. The richest one per...