communsim

Present-day society is wholly based on the exploitation of the vast masses of the working class by a tiny minority of the population, the class of the landowners and that of the capitalists. It is a slave society, since the “free” workers, who all their life work for the capitalists, are “entitled” only to such means of subsistence as are essential for the maintenance of slaves who produce profit, for the safeguarding and perpetuation of capitalist slavery.

- V. I. Lenin.

>>6
Both the private and the public sectors played a role in this disaster, thus it cannot be attributed to either sector and some bizarre system in which only that sector exists but the current system itself where both exist with their respective equity.

um.. I'm not sure what to make about that bit with the jews.

>>7
That's what I meant when I said capitalism is just a political theory devised by marxists. In truth a utopia would have to be more plural utilising both public and private organisations aswell as many others, since no one is omnipotent and knows what best people should be free to try any organisational structure they wish to find out what works best.

>>10
Corruption of market forces by state intervention in the economy was a major factor, but not just regulations which force banks to give high risk mortgages.

>>12
This may be a result of the fact that the state is a monopoly over force and thus the only entity that can wage war.