BCA Admits Failure of Capitalism - Calls For Socialist Intervention

Once more, the Business Council of Australia (BCA) rings Alarm bells over infrastructure and decries the failure of Capitalism to provide the necessary investment to maintain itself. They want the government to take the lead in devising a new five (5) year plan to save Capitalism from its own failings.

DECLARING Australia's infrastructure to be at crisis point, business leaders have called on federal and state governments to combine in a new wave of reform to unleash investment and boost economic growth by a potential $16 billion or 2 per cent.

"This is a matter only governments can fix," Business Council president Hugh Morgan said yesterday.

Emphasis Mine

This is a classic case of Socialism for the Rich; Capitalism for the Poor. When big business gets into trouble, they run crying to the government for a handout. The small business is told to get fucked.

Yet the small business person blindly supports the economic system that is destroying their lives for a faint promise that they may make it big one day.