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Showing posts with label occupy wall street. Show all posts
Showing posts with label occupy wall street. Show all posts

Saturday, October 15, 2011

Does Capitalism Work for the Many?

Should one human have a billion dollars at their disposal? It would seem an indictment of capitalism that such things can occur. But they do and now we have lots of billionaires. That kind of concentration of wealth into the hands of the few is unsustainable. Should an Oprah have billions and billions of dollars?Should a Bill Gates? Some would say the good provided is worth the payout,but in our wired world of five billion people and three and a half billion jobs, it just doesn't make sense.

Behind the OWS movement is a basic proposition: capitalism favors the few at the expense of the many. The few are people who game the system and make the billions. And why shouldn't they? They are smart enough to do that. But we are all on the same planet and just because one person can have the intelligence or luck to make a billion dollars should society permit that kind of inequity?

The problem is people don't share. Even if the President proposed a tax on billionaires it would never pass the congress because the billionaires can buy the congressmen. Even this rarefied world of billionaires could cry class warfare and say people are taking from them unjustly. We would like think that a sort of mega philanthropy would kick in for people at this leve,l but money has a nasty habit of staying in the same circles.

Capitalism allows anyone to become a billionaire in theory. But becoming a billionaire is largely a fluke in a system that allows one individual to prosper at the expense of the many. It would seem the many are starting to wake up.

http://www.billhazelgrove.com/

Monday, October 3, 2011

The Pigs Will Have Their Day

Pigs get fat and hogs get slaughtered. An old mortgage man said that to me a long time ago. The hogs it would seem are about to get slaughtered. You may laugh at the small size of these gatherings on Wall Street but you should start watching this. The middle class has been decimated and the children of the middle class have nowhere to go, but to the streets. And no one has been listening.

FDR saw this coming in the thirties. He knew that if inequities were not addressed then there would be trouble. So The New Deal emerged and he gave the middle class a piece of the pie. Now you have that pie divided into tiny slivers with the one percent taking the giant gulp. Should there be this type of inequality in society? This is the basic question of the Occupy Wall Street movement.

Strip it down and it is about the removal of representation for the middle class. America is truly an oligarchy with only the wealthy represented in Washington. The Middle Class simply does not have a lobby to push their concerns. The middle class is not represented because there is no room at a table composed of bankers and corporations. So what is left for them but to take to the streets for those who have disenfranchised?

Dis-comfort. That is the opposite of comfort. The people in Washington are all comfortable. They have no dis-comfort. Demonstrations by their nature create dis-comfort. They shake up the status quo. There is no clear agenda and there are no leaders. But there will be dis-comfort as the protest grows. This is the age of social media and it could well spider out. And it would seem Washington will not see the writing on the wall until it comes to their door.

That old mortgage man went on to explain that if you take too much, if you are greedy, then you might end up getting nothing. Pigs get fat and hogs get slaughtered. Someone should write it down and send it to every person in Washington who has forgotten about who they really are supposed to represent.

Because the pigs will have their day.

http://www.billhazelgrove.com/

Rocket Man...a story of one man trying to find the American Dream
                                                                   

Books by William Hazelgrove