Capitalism's peculiar ability to re- invent itself tends to overshadow the underside; it is not so much its inefficiency, or slowness in addressing social matters, but that it will, COLLAPSE, leaving bankrupcy and gross poverty in its wake. If Tony Blair doesnt yet KNOW that his Private Partnerships will necessarily fail at some point in the future, why hasnt anyone told him ? And of course, when the next "Wall Street Crash" comes along, capitalists, having convinced themselves of their own moral infallablity, will apportion blame to others in society.
ITV Digital is the latest example of capital's instability, and due to failed contracts, is now threatening to put the Football (Soccer)industry into a similar state of near bankrupcy. Whatever ones personal opinions of Football, (and the socialist movement is divided on this) the fact is millions of people (mostly workers) may now be deprived of their favorite sport. If you're a Postal Worker with an alligeance to a Divison Two team, life isnt looking too much fun at the moment...