Amerindia US Blog

1/20/2012

Capitalism needs to incorporate Responsibility

There is a tendency to paint things as either black or white, meanwhile around the world the Occupy Movement and the 99% struggle to define what the problem is. Clearly capitalism and free markets have their benefits, and have been around from the dawn of human time. Three arrow heads bartered for an animal skin – and everybody goes home happy and better off.

In this simple ‘perfect market’, it works, and works well. But in scaling up, things have not gone so well. As in the video referenced at the end of these comments, industrialization has changed things in a major way. From a hunter-gatherer society, to primarily an agrarian one, the coming of industrialization has since catapulted world nations and markets into something different. Actual necessities are produced by a few, materialism of non-essentials has run rampant, and the ability to find useful work has become extraordinarily problematic. Although the world markets produce more to buy, paradoxically there is struggle to find work that will suffice to purchase even basic necessities. Some (well off) politicians have brushed off the problem as ‘envy’, but increasingly those who had been living, or anticipating an average, middle-class lifestyle, are now be struggling to get basic food and shelter.

There are heated arguments about welfare, socialism, and the role of government in providing basic care needs for its citizens in crisis. The argument has been going toward the direction that those who are not succeeding are just not trying hard enough to embrace capitalism as the total solution and make it work for them. Capitalism, an economic system, has been championed as the solution to social needs by those who profit – or feel that economic failure is universally a personal one. We think this is either ignorance, or self-interest guided thinking.

We in Amerindia feel that capitalism is an economic system – not a moral, political, or social solution by itself. The only thing that is becoming a consistent in this long running discussion is that the problem started about 40 years ago. We had had industrialization before then, but that is when capitalism began to split from being stakeholder capitalism to an unfettered, unmonitored, desocialized shareholder capitalism. At the time it was justified as a ‘trickle down’ benefit, resources began to be ever more concentrated with the few and ironically, Not distributed more equitably, particularly among the workers. Jobs have been outsourced to the cheapest labor available world-wide, eliminated by mechanization, or workers have been cheated out of pay, pensions, or other compensations. The capitalism that has been deified, has become corrupt.

Unfortunately, as in this clip, we do not see a quick or easy solution. However, identifying the true nature of the problem is a start. Capitalism needs to return, or become, a socially responsible capitalism.

Capitalism ‘nothing to do with responsibility’

The Queen of Amerindia

11/28/2011

US Federal Reserve Secretly Gives Away $8 Trillion

Filed under: Bad Business, General, Occupy Wall Street, The Economy — Queen @ 6:36 pm


US Fed gives $8 trillion away

We are at a loss as how to comment on this. Not only are we continually astonished at how the US Federal Reserve has become a funnel for US taxpayer money to huge corporate interests, but that it is done behind closed doors to “protect” the US citizens from being worried about it. Just astonished.

The Queen of Amerindia

11/7/2011

Oligarchy of Mega Companies Rules Global Economy

Filed under: Bad Business, General, Occupy Wall Street — Queen @ 8:12 am

Why do we have Occupy groups all over the world, and “what do they want?” is asked. Since the world economy and global politics appears to be governed by the policies of an oligarchy of mega companies that are focused more on “corporate strategy than social consequences”, we suspect this is the root of the problem.

Small fixes and single laws will not begin to address the magnitude of this problem. The simple, but very large answer is that the welfare of all human populations and the global environment must be the guiding force in national and global politics. The monopolies that now hold power would like us to believe that it is just jobs or benefits. But as long as mega companies focus on profits above social consequences, the jobs, economy, and environmental problems will continue to be unsolved.

Who Rules the Global Economy

10/28/2011

Easy at-home way to Occupy Wall Street

Filed under: General, Occupy Wall Street — Queen @ 8:14 am

Easy at-home way to Occupy Wall Street

10/26/2011

Occupy Wall Street – in the US – the World

We worry that Americans are losing their most fundamental right to free speech and the right to non-violent public protest. I does seem that while US politicians criticize other nations for infringements on human rights, free speech, and a right to be heard in a democratic process, they ignore the voice of their own people.

Obama, your main campaign theme was “Change.” True, it’s been difficult given the congress that lobbyists are paying for, but someone needs to see that it’s really what the American people wanted and expected. The frustration with lack of change, with big interests still running the US government, why the people would feel unheard and angry.

I AM NOT MOVING – Short Film – Occupy Wall Street

Powered by WordPress
Hosted on NetworkRedux