Xenophobia; The Phenomenon
Capitalism has brought us where we are; no point beating about. The wave of xenophobic sentiments, attacks and policies that have characterised the past five years especially across the world have one main thing in common; Economic Despair. This is not to discount other factors such as "cultural purism" that prevail in many societies around the would. Often when socialism is touted as a remedy, the predictable question is asked; "where has socialism worked?". Frankly that's a ridiculous question and I think everybody knows it. Keep reading, maybe I'll explain why. Capitalism is a failed system for too many reasons. The basic rationale for defending capitalism is that open unfettered markets promote competition which leads to innovation which then results in either creating more jobs elsewhere and serving as a catalyst for the diffusion of said innovation or making profits for employers to employ more people. This theory is called the "trickle down e...