Does Karma Apply?

I like the idea behind Karma. I like the thought that there is a balance between good and evil in the world, that we have to balance the good we have with good deeds if not to suffer the repercussions of balance - that we reap what we sow.
                But even though I like the principle, I do not believe in it.  There are far too many who suffer in the world, without having done anything to do so justly. Earthquake in Haiti, 140’000 deaths; despotism in Uganda, 500’000; conflicts in Darfur, over 300’000 deaths. The only faults that could have been done are those of Mother Nature or our leaders, because nothing could justify this. And there are far too many profiteers. People who use the power they have, whether financial or political, solely for themselves and their own. The Russian oligarchs enriched themselves by using a situations of massive reforms, corruption and legal anarchy to do so – on the expense of the general public. For a newer example, millions of people all over the world lost their job during the financial crisis. But when the American government paid up to save different industries in the US, to give the very same people that cause the mess money to save it, Wall Street banks and firms still used an major part of the money to give their CEOs and leaders huge bonuses.
                All of these examples seems to indicate that Karma, or any similar “law of nature”, does not exist. At least not on an individual level. For though many individuals suffer pointlessly, I would like to believe that there are some sort of general balance. There is war in this world of ours, but there is also peace. And even though society seems to be going downwards, with tension building up in the Middle-East, with global financial crisis et cetera; we are making huge advances within medicine and technology, and more and more people get to appreciate the fruits of civilisation and development. I might only see this because I am looking for it – one finds what one searches for, but I still chose to believe it. Because the world will sometimes look like it is going straight to Hell, but still: life goes on.

“If you are going through Hell, keep walking!” Sir Winston Churchill