epiphany Posted October 22, 2011 Share Posted October 22, 2011 The news media dubs the City protests as anti-capitalist, reluctant to go into too much depth about the true concerns of many of the protesters, which seems more to do with corporatism and the mismanagement of the financial sector. We could still have a capitalist economy with sound money and a reduction in corporate-state collusion. In fact, that is surely more in line with what traditional capitalism is about. Once again, soundbites are distorting the true nature of these protests and shedding little light on the grey areas. Link to comment Share on other sites More sharing options...
epiphany Posted October 23, 2011 Author Share Posted October 23, 2011 In a way, the banks and big corps that have been bailed out/subsidised in the past are anti-capitalist, since they're not prepared to stand on their own two feet in the marketplace and, more importantly, FAIL when they go bust. They run to the taxpayer with their begging bowls in a desperate attempt to socialise the risk they should be bearing. That's not capitalism. Link to comment Share on other sites More sharing options...
Vague_Boy Posted October 23, 2011 Share Posted October 23, 2011 The news media dubs the City protests as anti-capitalist, reluctant to go into too much depth about the true concerns of many of the protesters. The protests are surely anti greed and corruption? Not to mention anti-corporatist. All sentiments I heartily agree with. Of course the more simple among us will easily be misdirected by the MSM. Link to comment Share on other sites More sharing options...
Murphy Jnr Posted October 23, 2011 Share Posted October 23, 2011 It's interesting and the fact that so far its peaceful is a good thing. I doubt the government are unduly concerned but with another camp in the making there is the possibility that it will continue to gather momentum which will be good i think. I haven't followed the politics of it all and i don't profess to understand it anyway but it would be nice to see some semblance of solidarity in this country and maybe force a decision, and the more people struggle to make a living the more likely that is. A simplistic view but its the only one i have. Link to comment Share on other sites More sharing options...
Mecky Posted October 23, 2011 Share Posted October 23, 2011 I don't think they are anti-capitalists, that is just media hype trying to influence public opinion Link to comment Share on other sites More sharing options...
Balpin Posted October 23, 2011 Share Posted October 23, 2011 The protests are surely anti greed and corruption? Not to mention anti-corporatist. All sentiments I heartily agree with. Of course the more simple among us will easily be misdirected by the MSM. You are quite right there for once. That is what capitalism is all about. Peope talking about Starbuck etc dont understand what capitalism means. Link to comment Share on other sites More sharing options...
harvey19 Posted October 23, 2011 Share Posted October 23, 2011 Shouldn't the protests be against the Labour party for not providing an alternative ? Link to comment Share on other sites More sharing options...
Murphy Jnr Posted October 23, 2011 Share Posted October 23, 2011 Shouldn't the protests be against the Labour party for not providing an alternative ? Capitalism dates back further than the last Labour government though Link to comment Share on other sites More sharing options...
I1L2T3 Posted October 23, 2011 Share Posted October 23, 2011 The news media dubs the City protests as anti-capitalist, reluctant to go into too much depth about the true concerns of many of the protesters, which seems more to do with corporatism and the mismanagement of the financial sector. We could still have a capitalist economy with sound money and a reduction in corporate-state collusion. In fact, that is surely more in line with what traditional capitalism is about. Once again, soundbites are distorting the true nature of these protests and shedding little light on the grey areas. In bold is precisely where your argument went foobar. The opposite is the case. In this country we have developed a political-financial corporatist block in the last 20-30 years. The financial sector is very enmeshed into government in many ways and that has been damaging for our economy and because of the massive volume of global trades passing through London, damaging to the world economy too. If there should be protests anywhere it's in London Link to comment Share on other sites More sharing options...
GrapeApe Posted October 23, 2011 Share Posted October 23, 2011 Not sure but I bet there's a couple of undercover cops in those tents Link to comment Share on other sites More sharing options...
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