We need economic change, but are we
prepared for it?
There is no doubt that the western economies are in a mess. We are right to want change, and occupying the financial centres is probably as good a way as any, of getting the politicians to listen to us. After all the money, the debt, the profits, the hedge funds, pension funds, insurance companies and banks ultimately belong to us. They should really do what we want, shouldn’t they?
However, if we start to unravel the system where will it end? We want to make the world a fairer place….really? Those in Wall Street who claim to represent the 99% majority, the ones suffering from the evil grip of capitalism really ought to look a little further afield. The truth is that the top 1% have always dominated and manipulated circumstances and events in their favour. And up to now most of us haven’t complained. Most of us have accepted it as natural and logical. Most of us have benefitted from it. Because many of us in the west are in the top 1%. According to globalrichlist.com, you have to earn £25,800 a year to be in the top 1% of earners in the world. That’s not so much is it? If you earn £475 a year, you still scrape into the top 50%. If we really want to make the world a fairer place, we are going to have to take a drastic reduction in our standard of living.
I doubt the protesters want to go that far. They just want the world to be fairer to them. Hardly any of us complained when our corporations were pillaging the third worlds of Africa, Asia and Latin America, applying economic pressure and dictating terms down the barrel of a gun. Now the third world have become the emerging economic powers and are more able to resist, the bankers and corporates are merely applying their tactics closer to home. All of a sudden, it isn’t fair.