One of the glaring failures of capitalism is the continuing widespread existence of poverty - often extreme poverty. … - Jim Stanford

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To elevate abstract doctrines and dogmas over living, breathing, embodied experiences of God's love and grace, then, is going the wrong direction. It's taking flesh and turning it back into words.

Jim Stanford

One of the glaring failures of capitalism is the continuing widespread existence of poverty - often extreme poverty. Even in the advanced economies, many millions of people endure terrible economic and social deprivation, despite the incredible wealth all around them.

Failures, Glaring, People, Poverty, Wealth

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Competition-ruthless, unforgiving, to-the-death competition-is a crucial feature of capitalism.

Capitalism, Competition, Feature, Ruthless, Unforgiving

Try this: say the words "global, global, global" aloud several times, as fast as you can. You'll find yourself sounding like a turkey ("gobble, gobble, gobble").

Fast, Finding Yourself, Several, Trying, Turkey, Turkeys

The total dividend income declared in 1995 by the bottom 9. 7 million Canadian tax-filers (47% of all those submitting tax returns) was $310 million. The estimated dividend income received by the Thomson family in 1995 from its 72% ownership share of the Thomson Corporation and its 22% ownership share of the Hudson's Bay Company was $310 million.

Corporation, Corporations, Income, Return, Submitting, Total

Kalecki thus precisely predicted the economic and political U-turn that occurred with the advent of neoliberalism. Kalecki also argued that fundamental institutional changes, especially regarding wage-setting and other aspects of the employment relationship, would be essential if full employment was to be sustained.

Essential, Essentials, Full, Neoliberalism, Political, Relationship

Apart from their work and production, households perform other important economic functions. Most CONSUMPTION occurs within the household. . . . In developed capitalist economies, private consumption spending accounts for half or more of GDP.

Capitalist Economy, Gdp, Half, Important, Production, Work