Politics and Other Societal Inanity

Power Structures of the World Don't Play Nice

Posts tagged protests

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Revealed – the capitalist network that runs the world


‘AS PROTESTS against financial power sweep the world this week, science may have confirmed the protesters’ worst fears. An analysis of the relationships between 43,000 transnational corporations has identified a relatively small group of companies, mainly banks, with disproportionate power over the global economy.

The study’s assumptions have attracted some criticism, but complex systems analysts contacted by New Scientist say it is a unique effort to untangle control in the global economy. Pushing the analysis further, they say, could help to identify ways of making global capitalism more stable.

The idea that a few bankers control a large chunk of the global economy might not seem like news to New York’s Occupy Wall Street movement and protesters elsewhere. But the study, by a trio of complex systems theorists at the Swiss Federal Institute of Technology in Zurich, is the first to go beyond ideology to empirically identify such a network of power. It combines the mathematics long used to model natural systems with comprehensive corporate data to map ownership among the world’s transnational corporations (TNCs).

“Reality is so complex, we must move away from dogma, whether it’s conspiracy theories or free-market,” says James Glattfelder. “Our analysis is reality-based.”’

(Source: anti-propaganda)

Filed under politics economy complexity New Scientist protests financial power banks control capitalism ows Occupy Wall Street

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Greek riots


Too damn many factions to ever reach a happy conclusion. Greece will default. The euro will fall, taking most of Europe and North America with it. Think these times are bad? Prepare for worse.



One man has died in protests today in Greece. Police say he was a middle aged trade unionist who died of a heart attack, not related to incidents.

In the clips i was watching, it seems like protesters are fighting with each other. Im guessing this is fascist vs leftists/anarchists?

Today the KKE/PAME (Greek stalinists) had parliament surrounded, when another group of independent protestors arrived (the we won’t pay movement) they attempted to storm parliament, the KKE/PAME attacked them, then let the police through their lines to attack, the we won’t pay movement called out for help and some more independent protestors and some anarchist groups arrived, the KKE/PAME continued their defense of parliament and turned other protestors over to the police.

Essentially the KKE/PAME are a bunch of class traitor fucks who disrupted what could’ve been the first step in turning this rebellion into revolution.

(via r-i-o-t)

Filed under politics economy Greece riots protests austerity measures euro eurozone crisis

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Occupy Wall Street: Right Anger, Wrong Direction

from Values & Capitalism                                                                 by Wesley Gant Thursday October 20, 2011                                    

What [the occupiers] want, at least ostensibly, is more opportunity for the have-nots, and justice in our economic and political dialogue. But the policies they are demanding can result only in the opposite outcome.

Businesses—even large corporations—must operate on the basic formula of customer satisfaction. If people are not happy with a product, its price, or how a company is being run, they will go elsewhere and the company will collapse. Corruption and bad business can sometimes go under the radar for a time, but it always backfires. Despite its tainted reputation, the business community is directly beholden to consumers; or “the people.”

In politics, however, only the will of the majority prevails, and accountability is loose at best. And in a nation that has gradually pushed more power to the federal level, and especially to the executive branch, decision-makers are more separated from the people than ever.

The Occupy movement is mistaken in targeting the corporate world as an enemy of opportunity and justice. And they are mistaken in thinking that government is the answer, as though government could not itself be corrupt and oppressive. Indeed, problems in the world related to oppression and corruption are far more prevalent among the political classes than entrepreneurs and business owners. Corporations look for ways to meet the demands of the community. On the heels of Steve Jobs’s passing, some have pointed out the irony of a group using Apple devices to promote their anti-corporate message.

But the Occupiers are not entirely wrong. There are legitimate rebukes to be cast against bailouts, fraud and interest groups. But the way to correct these problems is not a tighter relationship between government and business (i.e. regulation), but a clearer picture of their separate and individual roles in society. Markets provide material needs and laws protect the innocent. Governments should protect citizens against fraud, abuse and harmful neglect, thus businesses should be legally held accountable to fulfill their contracts, be honest with consumers and not pose an undue health threat.

More regulations and redistributionist policies work against the Occupiers’ goals by constricting the economy, reducing overall economic opportunity and actually encouraging greater special interest activity in Washington. When congress decides to regulate, all interested parties descend on the Capitol to argue their case and gain the favor of politicians. Rather than being a solution to “crony-capitalism,” regulation just becomes another political tool as government selects winners and losers.

Markets operate on a voluntary basis, where all parties win. Governments operate on a coercive basis, where the strongest win. Blending the two together in an effort to achieve an idealistic view of economic equality is to place America on, as Friedrich Hayek put it, The Road to Serfdom. The Occupy protestors, and America generally, would do well to see that free enterprise is the only true democracy.

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Filed under economy economics politics occupy ows protester demands protests opportunity social justice corruption majority rule business government corporations regulation crony capitalism Hayek Libertarianism serfdom democracy liberty freedom Ron Paul for President

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