Your views

Dear Sir,
 Interesting letter from David Lee about capitalism in the Sunday issue of your newspaper. If he is of the opinion that capitalism is dead, what system does he propose should substitute it ? Communism? I would hazard a guess that anyone who lived in Eastern Europe and especially in East Germany, wouldn’t particularly want to change their way of life again.  Capitalism doesn’t necessarily mean incurring massive debts. Ask anyone  trying to run a business. Debts have been incurred by governments of all sides of the spectrum trying, and generally succeeding, in improving the lives of their voters and the population in general over and above the income these same people where and are producing for their country. Has and did anyone complain ? No. Similarly, very few people complained when hire purchase and mortgages were made available to the general public. Therefore we have only ourselves to blame if our countries debt keeps increasing year by year. It’s either that or accept lower living standards and look what happens when politicians start talking about “austerity”. No, don’t blame capitalism, blame the people who think money grows, like spaghetti, on trees.
Yours sincerely,
Simon C  Tow