Who said capitalism is good for you? According to a recent study (passed onto me by Christina), the effect of rapid privatization and the ‘shock therapy’ of imposing capitalism on Eastern Europe in the 1990s led to a spike in the number of deaths – one million working-age men, and about 3 million in all.
a. 56 percent unemployment.
b. removal of extensive health and social care.
c. destruction of social networks (at its most basic level, this was the assumption that all workers are together).
In other words, had capitalism not been imposed, these people would not have died.
The source of these statistics is that dreadfully left-wing journal known as The Lancet, and the study was written by scholars from the havens of communist agitation, the universities of Oxford and Cambridge.
So we can add another 3 million to the death toll directly attributable to capitalism, which stands at over 1.5 billion.
To recap the more significant items in that figure:
100 million in India, with the instigation of the ‘democratic capitalist experiment’ from 1947 to 1979, with tens of millions more after that date
17 million killed by the British Raj in India
18 million slaves killed during the Atlantic slave trade
5-10 million native peoples during the invasion of the Americas
8 million by King Leopold’s forces in the Congo
10 million in the Nazi slaughter of Jews, gypsies, communist and gays
15 million slaughtered in the First World War’s ‘reordering’
55 million killed in the invasion of Europe by Hitler and then the Second World War (of which 8 million Russian soldiers and 16 million communists killed behind the lines after the invasion of the USSR)
3 million killed by the US led forces in Korea
3.5 million killed by the USA in Vietnam
1 million killed in the US bombing of Cambodia and Laos
1 million slaughtered in Indonesia by proxy by Suharto (helped by the CIA and MI6)
1 million slaughtered by pro-US dictators throughout Latin America
1.3 million killed in sanctions on Iraq
1 million killed in current invasion of Iraq
… and on and on.