Many people are suffering and hard off right now… I still believe in the general principles of Capitalism, but with that, it must be said that I also believe in the principles of basic Social Services for all people and some superior organizational help from government & other institutions to ‘keep us keeping on.’ I am frustrated with some of the kinks in the government system and also in the scams that I have heard private institutions running (many targeting students and telling them ‘come to our grad school and get a guaranteed job and/or scholarship,’ when this was never the actual intent but it was rather to make $$$).
People, keep working hard to find decent jobs and seek benefits as you need them — there is no shame in receiving help from the government. Also, if you find a miserable job, I hope you are not having your boss treating you like scum and lording it over your head that ‘you should just be happy that you have a job,’ as I know some people are in these circumstances.
One of the reasons I tacitly support some aspects of Occupy Wall Street is not so different than my tacit support of the Tea Party Movement. Oddly, both groups have some similar demands for accountability with the government — and then both groups also have sidebar ideologies that demand things I cannot support (whether it is the far leftism within Occupy or the far rightism within the Tea Party).
But there does seem to be some consensus: banks should be held accountable and the government which supports them should also be held responsible, and the general way we do business ought to be reformed.
A decade ago, as a younger man, I did once apply some of the basic economics I knew and thought that something like this would naturally come — we all knew, deep down, we could not export the American manufacturing jobs & all our jobs in general abroad and have it go so long without an affect. We all knew that the democratization of wealth that has proven beneficial to so many around the world would have consequences — we cannot have our cake and eat it, too. Naturally, there are some major issues with the nature of every economy. Some say this is due to ‘government intervention on principle’ (which I think is a wrong idea), and others say it is due to the fundamental nature of corporations & big business (perhaps a bit more right butnot fully)…
I have been doing a lot of thinking about it and without getting too wordy I would say that the big problem is a lack of spurring growth of real, meaningful jobs in some economies and also not enough government help & regulation given in things like benefits to people and the way we allow education, loans and universities to operate.
I am still true, largely, to the principles of Capitalism but I do think we need reform… And I am just troubled by the state of the economy, now, and I’d like to encourage people out there to vote very consciously and make their demands known through whatever means they feel is appropriate. I encourage everyone to read more and discuss it more, and educate themselves (as I am attempting to do)… Every nation has a lot of hard decisions to make right now.
So let’s not be foolish or brass.
I am forgetting his name right now but an American professor came to our school for a symposium and he discussed a wide range of issues; in response to one of my questions he said,
“The great thing about science is that we test a hypothesis and we can go back and adapt, change, and find out what is best and seek truth. We are not limited to principles that we believe in and trying to make those work — that is not the nature of science. Rather, politics and economics, like science, should be willing to admit mistakes and change when they fail to be beneficial.”
I think these paraphrased words are very relevant right now.