A Proof That Capitalism Doesn’t Work?

Capitalism, a system in which “capital is invested in the production, distribution and other trade of goods and services for profits,” has been criticized by some for its overemphasis on individual or group interests. It has been observed that corporations, in a bid to expand their profits and sustain growth, turn to illegal and anti-human means. This news story provides just an example and backs that statement.

(AP) A federal judge says the nation’s top cigarette makers conspired for decades to mislead the public about the health hazards and addictive nature of smoking…
The judge [...] order[ed] the companies to stop labeling cigarettes as “low tar,” “light,” “ultra light” or “mild,” saying they have used those terms to mislead consumers.

“They distorted the truth about low tar and light cigarettes so as to discourage smokers from quitting,” Kessler [the judge] said.

“They suppressed research. They destroyed documents. They manipulated the use of nicotine so as to increase and perpetuate addiction,” Kessler wrote in the ruling, which often referenced internal industry memos. More…

Umm…

I live in Pakistan, a third world country in South Asia. We have frequent power shortages, internet service interruptions, etc. Often these shortages and interruptions get prolonged and cause huge problems for the public. Businesses can’t run, people can’t use electric appliances and bloggers like me can’t update their blogs. This has been the prime cause of the dormancy of MyScribbles.

However, lately, the situation has improved, although not completely. This will enable me to do my best to update MyScribbles regularly. My apologies in advance for any shortcomings.