Capitalism continues to kill

Posted: 9 October 2012 in Uncategorized
Tags: , , , ,

I have argued many times in the past that capitalism kills (e.g., here and here). New evidence indicates that capitalism continues to kill.

Since 2010, more than 2,500 people have taken their own lives in Greece.

The first four months of this year saw a surge in the number of suicides among the poor and those older than 65. It has risen by more than 33 percent against the same period for 2011 – 700 people taking their lives since January 1.

Before the financial crisis began, Greece had the lowest suicide rate in Europe at 2.8 per 100,000 inhabitants, according to Eurostat.

‘Most of the suicides were among members of the middle class and, in many cases, the act itself was carried out in public, almost as if it were a theatrical performance,’ commented Germany’s Der Spiegel magazine this week.

And, in the United States, a new study published in the American Journal of Public Health (as reported in Washington Monthly) finds that suicides have replaced car accidents as the leading cause of injury-related death. That’s partly because automobile accidents are down.

But the truly catastrophic news is that the suicide rate has increased dramatically: between 2000 and 2009, according to data from the U.S. National Center for Health Statistics, deaths by suicide went up by 15%, and deaths from poisoning increased by a whopping 128%. Moreover, researchers say that many of the poisoning deaths, which are labeled as “accidental,” may actually be intentional. According to the study’s author, Professor Ian Rockett, an epidemiologist at West Virginia University, “Suicides are terribly undercounted; I think the problem is much worse than official data would lead us to believe.” He added “there may be 20 percent or more unrecognized suicides.”

Clearly, capitalism continues to kill in both Greece and the United Stats.

Comments
  1. […] know that capitalism kills. We’re now learning that it induces people to kill […]

  2. […] has gone from tragedy to triumph—from the tragedy of austerity-induced suicides to the triumph of the anti-austerity landslide victory of […]

  3. […] has gone from tragedy to triumph—from the tragedy of austerity-induced suicides to the triumph of the anti-austerity landslide victory of […]

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