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I hope you are not suggesting Occupy Wall Street is a communist movement! Is it not.
I would characterize the movement more of a "how do we improve our current capitalist/socialist hybrid economic system" so that it better serves all of us.
Even the communists aren't communists anymore. They're "entrepreneurs" and mobsters and heads of FIDE.
I hope you are not suggesting Occupy Wall Street is a communist movement! Is it not.
I would characterize the movement more of a "how do we improve our current capitalist/socialist hybrid economic system" so that it better serves all of us.
If they are worried about the distribution of assets they don't sound like capitalists. So, what are they?
I hope you are not suggesting Occupy Wall Street is a communist movement! Is it not.
I would characterize the movement more of a "how do we improve our current capitalist/socialist hybrid economic system" so that it better serves all of us.
Really? You just finished saying there are no leaders so how can you say what it is? On what basis are you making claims or statements as to what it is or isn't?
There is certainly an anti-capitalist element that would be welcomed with open arms by any communist party or theoretician. Gorbachev certainly seemed to understand this when he spoke out in favour of the movement.
My point was more the futility of the thing because even in a supposedly workers first system you still have an elite 1%.
Paul, I had a similar thought. Why not just reconvene each day for a protest march or occupation in a different location. Sure beats sleeping out in the cold!
You're getting old Bob because you miss the point. They have ways and means to keep themselves warm at night. Some involve substances and some involve human interaction.
Even the communists aren't communists anymore. They're "entrepreneurs" and mobsters and heads of FIDE.
Just watch out for an Atlas Shrugged scenario.
The communists never were communist, the trouble was they always lined their pockets first and protected their own priveleges. That is when they weren't busy mass murdering people.
Really? You just finished saying there are no leaders so how can you say what it is? On what basis are you making claims or statements as to what it is or isn't?
What? I am not the leader of OWS, nor do I speak for them.
I am simply expressing an opinion. I thought that was self evident.
What? I am not the leader of OWS, nor do I speak for them.
I am simply expressing an opinion. I thought that was self evident.
So when you said and seemed to definitively state 'It is not' you just meant 'It is not in my opinion but I can't really speak for the movement'. Thanks for the clarification.
No idea why are you suggesting our system is a socialist hybrid nor do I think the OWS protestors are likely to agree with you on that one. Socialism is just another name for communism with perhaps some modifications such as limited property ownership allowed. Having a social security net does not make a system socialist.
Last edited by Zeljko Kitich; Wednesday, 26th October, 2011, 11:15 PM.
Gary and Zeljko should visit it, maybe then they would begin to understand.
Well let's see what I do understand is the money that is on deposit with banks is not all theirs ie not all belonging to their shareholders which number in the hundreds of thousands. What I do understand is that banks can fail and have risk the same as any other enterprise and are hardly all powerful. What I will never 'understand' is attempting to turn banks into corporate bogeymen just because they act as financial intermediaries for our economy. What I don't understand is pretending to do unbiased research but really taking out your ideological predispositions out for a walk.
Oh, my gosh I just took a closer look and now I'm laughing and scratching my head. Canada has one and only one company that made this list of world controlling corporations and that is apparently SunLife Financial? I mean heck at least they could have picked a real world player like one of our major banks. Who are these people?
SunLife is a good company but they are basically an insurance company and assets under management in Canada make the insurance sector considerably smaller than the banking sector. I could have saved the researchers some time I think. If they wanted to know which companies control which other companies just look at their consolidated financials.
Last edited by Zeljko Kitich; Wednesday, 26th October, 2011, 11:41 PM.
Care to clarify which peer reviewed publication this appeared in? Of the three authors one appears to be a professor of automatic control systems and the other for systems design. Not exactly what I would consider experts in finance or economics.
Last edited by Zeljko Kitich; Wednesday, 26th October, 2011, 11:56 PM.
Well let's see what I do understand is the money that is on deposit with banks is not all theirs ie not all belonging to their shareholders which number in the hundreds of thousands. What I do understand is that banks can fail and have risk the same as any other enterprise and are hardly all powerful. What I will never 'understand' is attempting to turn banks into corporate bogeymen just because they act as financial intermediaries for our economy. What I don't understand is pretending to do unbiased research but really taking out your ideological predispositions out for a walk.
Oh, my gosh I just took a closer look and now I'm laughing and scratching my head. Canada has one and only one company that made this list of world controlling corporations and that is apparently SunLife Financial? I mean heck at least they could have picked a real world player like one of our major banks. Who are these people?
SunLife is a good company but they are basically an insurance company and assets under management in Canada make the insurance sector considerably smaller than the banking sector. I could have saved the researchers some time I think. If they wanted to know which companies control which other companies just look at their consolidated financials.
To understand the "occupy" protests that are occurring around the world everything that you need to know is presented graphically in this link...the best information that I have seen thus far...
To understand the "occupy" protests that are occurring around the world everything that you need to know is presented graphically in this link...the best information that I have seen thus far...
As a propoganda piece it gets full marks from me. And your peer reviewed paper link does not appear to be peer reviewed at all.
Yes there is wage disparity and it is time to turn things around via tax policy if necessary; yes there was excessive risk taken by FI's that caused the 2008 crisis but I find the OWS protests are over the top in their claims of total corporate domination of American society. Many an activist has their ideological hatchet out to make a name for themselves and push their personal anti-capitalist agendas to the fore. They don't simply want the inequities addressed they want their own ideology imposed on others in an undemocratic way because they have never had the votes to support them in the past and don't now either. It's also interesting that the average American stands in the same position to most of the developing world in the same relation the ultrarich stand in relation to the average American. However, OWS does not seem to care about the $1 a day developing world worker who won't make in their lifetime what an average American makes in a couple of months at most. OWS also does not seem to have anything to say about why someone like Charlie Sheen makes as much or more than some CEOs. Vastly overpaid Hollywood actors and pro athletes have not drawn one word of criticism even though their activities add nothing of real value to our economy.
Last edited by Zeljko Kitich; Thursday, 27th October, 2011, 09:30 AM.
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