The World Is Revolting Against the US Economic and Business Model: A Call to Action

Published on Monday, November 7, 2011 by Share The World's Resource (STWR)

The World Is Revolting Against the US Economic and Business Model: A Call to Action
The current economic system has created a massive and widening gap between a wealthy minority and the many people living in abject poverty

by Kamran Mofid and Jamshid Damooei and Steve Szeghi


Hundreds of thousands of people, young and old, employed and unemployed, black and white, men and women, have come together in a continuing and lasting global unity, partaking in a dialogue of civilisations and peoples in consideration for the common good. This global movement has risen in a thousand cities, in 82 countries on six continents, from Zuccotti Park in New York to Oakland, California; Wall Street to St. Paul’s in London; Frankfurt to Madrid, Rome to Athens, Chicago to Sydney and more, rejecting neo-liberalism as depicted in the US’s economics and business model, demanding a better, kinder and more humane world. The crises of ecological devastation and glaring social and economic inequality are pushing the planet to the brink of catastrophe. Perhaps this revolt against the US Economic and Business model is occurring just in the nick of time.

Given the context of the times, we invite you to reflect on the two very important points highlighted below:



At this point the pertinent Question is: if 20 of the 30 top MBAs and Business Schools are in the US, and 62% of the Nobel Laureates in Economics have been awarded to US Citizens then why is it that the US business, economic, social, environmental, healthcare, education, banking and finance, politics and international relations, Wall Street,..., and much more are all so discredited? Why is it that the policies, thoughts, and values that shape and guide the US economic system and Business school model are so unable to explain either the scope or severity of the crises we face, so ill-equipped, out of touch with, and unable to explain the revolt which is permeating the globe? ............(more)

The complete piece is at: http://www.commondreams.org/view/2011/11/07-8

default creates a win/lose system. The few will win and the many will lose. And unregulated capitalism accelerates those that lose ... the customers, employees and the society.

Maximum profit requires maximum fraud, lies, cheating the system, and maximum harm to society.

End Capitalism before it ends us all.

A little twist on the old slogan: War Is Not Healthy for Children & Other Living Things


THE TRUE FACE OF CAPITALISM:

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Alfred Nobel left no such bequest in his will. There is, however, a "Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel" that tries to usurp the prestige of the prizes that Nobel established.

Would the Swedish Central Bank get as much deference if they had NOT lifted Nobel's name to tack onto their prize?