Frederick Douglass

"Power concedes nothing without a demand. It never did, and it never will. Find out just what people will submit to, and you have found out the exact amount of injustice and wrong which will be imposed upon them..." Frederick Douglass

Sunday, October 16, 2011

Occupy Wall Street: The Most Important Thing in the World Now

But the biggest difference a decade makes is that in 1999, we were taking on capitalism at the peak of a frenzied economic boom. Unemployment was low, stock portfolios were bulging. The media was drunk on easy money. Back then it was all about start-ups, not shutdowns.

We pointed out that the deregulation behind the frenzy came at a price. It was damaging to labor standards. It was damaging to environmental standards. Corporations were becoming more powerful than governments and that was damaging to our democracies. But to be honest with you, while the good times rolled, taking on an economic system based on greed was a tough sell, at least in rich countries.

Ten years later, it seems as if there aren’t any more rich countries. Just a whole lot of rich people. People who got rich looting the public wealth and exhausting natural resources around the world.


http://bellaciao.org/en/spip.php?article21287