Friday, March 27, 2015

Make up blog:Capitalism and Occupy Wall Street Movement

Capitalism although seen by many as a revolution in economic system. But since its inception and its development it has created a lot of problems for the people. Firstly let us go through some fundamental aspects of this system . It calls for free markets with hardly any government intervention,keeping the minimum wage for workers ,ownership of private property rights etc.
What has capitalism created for us in the form of inequity and accumulation lot of wealth in hands of very few. One of the biggest protest that was carried out about the inherent flaws in the capitalism was the Occupy Wall Street Movement.
It was about how it capitalism has created this class system which places one above the other. It has made the 1 percent have more weightage in the affairs of the country and shaping the every day lives of the people than the rest 99 percent.It is the critique of capitalism.We are living in the world where big corporation has all the authority in the world . They have the ability to control ,manipulate our lives and they are doing so. These giant industries are controlling our politicians,our law makers and in some cases our judges.One of the main emphasis was on the inquisition of how come increasing wages for the workers is not helpful for anybody. The wage laws that capitalism has to offer has no place for the under paid of the community. All people want is good food,health,good paying job and beautiful house to stay. With demand of a system that where these basic requirements of life are available in a proportion to all.
Occupy Wall Street movement is a wake up call for the world people who are fans of capitalism and are working for its propagation and penetration into world economy. They have to see the and reevaluate their standing on many issues that Occupy Wall Street movement has pointed towards. There need to be a massive program for the redistribution of wealth with in an economy. Otherwise these protesters that are using their democratic right to protest may one day turn upon and rebel ,destroy the thriving 'free enterprise' and establish what communism called the 'dictatorship of proletariat'.



No comments: