General Discussion
In reply to the discussion: Half of recent US inflation due to high corporate profits, report finds [View all]Farmer-Rick
(12,786 posts)A rent based society where foreign English men owned all the land and rented it out to the Irish people. In order for the Irish farmer to keep his land (Some families had lived on the land for hundreds of years, never gaining ownership.) He would have to grow crops and raise livestock that the owners collected as rent. But he still had to feed his own family from that same land that he regularly improved and that's where the potatoe came in.
But when the potatoe blight wiped out the method the Irish used to feed themselves, everyone blamed the Irish.
Ireland still transported tons of food to England, in the middle of the Famine, all the while the Irish were dropping like flies due to starvation and then disease set in. Capitalism at its best.
Capitalism is unable to adequately address crisis like this. It is a cumbersome and stagnant economic system that can not adjust to change or respond to emergencies. During floods, weather emergencies and pandemics, it's not hard core capitalist principles we use to help people. Capitalism is not a dynamic and functional economic system.