I never saw a beggar till Thatcher's time. For total capitalism to work we need to see beggars all around as a reminder not to fail. Nice isn't it?
People have a choice and a direct link to failure.If you work hard and use a small amount of common sense there is no reason in a capitalist system that you should fail.The idea that all people not so well off have bad luck is nonsense.Why is it that most people who are low earners or rely on the welfare state also gamble,smoke and drink to excess more than anyone else ? No bad luck involved with that !