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poderiu — Austerity
Published: 2011-04-18 02:44:13 +0000 UTC; Views: 1449; Favourites: 15; Downloads: 14
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it's little more complicated. If the banks drop, everything falls. Everything will fall, it's obvious, the western capitalism is in a major crisis... but there are essentials that constitute the system to (kind of) survive (for how long?) and monetary system is of the most essential ones.
What's really simple is that rich will more or less always fck with the poor. Unlike classic era of western capitalism - today's capital have no feelings, cares only about numbers, and the only relationship it has with the people is how much money it can make out of them.
In industrial era, people who invested were in close touch with employees, nature, community. Now the corporation doesn't mind to let the home city go bankrupt and move all investments to a poor asian city, where people in slavery conditions will work much less. That's what I call crisis. They talk about it like it's something like rain - that it could not be influenced. In my opinion it's direct consequence of greed and ignorance.
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if everything associated with the current banking system falls
is it really a bad thing
for example what if everything associated with a dictatorship falls
will there be madness in the streets
well when dictatorships disappear that s certainly possible
just depends on what it is replaced with
the same goes for any economic or financial system
from [link]
real capital
the people
natural resources
and equipment needed to produce real goods
cannot be packed up in a bag when the capitalist skips town
they will require a lot of labor if they truly want to escape with real capital
what remains when the capitalists are gone are merely the people who are doing the work
and the means to do it
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Not really getting what you might be trying to say here.
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I gess you know the meaning of "austerity", correct? Is an ammounf of measures that serve to taxpayers pay more taxes, cutying benifits, and also would be aplyed more privatization measures by governments. You also must be aware that there is an international economic crisis that blow in 2008. There are some direct responsables for that economic crisis: insurance companies, for instance and particularly bankers are the responsible for fraudulent derivatives. While the governments keep the austerity for the tax payers, is some cases by calling IMF, EFSF, the criminals responsable for this situation will continue not going to jail and profit even more.
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"The capitalists will sell us the rope we will hang them with"..... seems to be an appropriate Lenin quote to describe this scenario
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The minimum would be JAIL for the bankers who cause this.
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It's time for a re-enactment of the French revolution
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We certainly need major change, but don't use the french revolution as a model. The Great Terror is not something I'd like to take part in, thanks, and I can also do without Napoleon.
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Indeed, valid points, but wouldn't you just love to see the looks on Rupert Murdoch's face right before that blade chops off his head and it lands in the gutter?
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