Soooooo..... What I got out of this is that occupy wall street is full of communist and people who are agienst capitilism....to think I actually once supported you guys...but I do agree with fighting agienst shit like acta!
While I agree with the sentiments expressed, there's more to it. Many of those in the 1% did not get there solely through hard work. Some started with inherited money. Others exploited cheap labor overseas. Others, such as the banks, auto companies, and brokerage firms that were too big to fail, were propped up by government handouts. Many who took handouts are Republicans. They want it both ways -- no government help for those less fortunate, but "pay me when I screw up". Selfish greed.
Capitalism drives the wealth to people already have (money makes more money), by nature. Things get even worse when wealthies buy politicians to get their way, then the it'll accelerates even faster.
Economy slows down when people don't have money to buy things(Inequality), by nature. Along the way people don't have money to buy necessities tend to commit crime results in undesirable society.
Capitalism is not a sustainable system without a little tweak.
@DrGeoSci You are right. When I made this video (nearly 3 months ago) my concern was that the whole movement was being misunderstood and that the few misbehaving protestors were detracting from the message - or even that the protestors themselves were unable to effectively articulate what they were trying to say. The "solution" to the problem is far more difficult and probably much more debatable. Although, I have not heard a single good idea from the Republican field of candidates.
This is the clearest and most insightful understanding of the current economic situation that I have heard. So what does the average Joe do about it? Is there really anyone in Washhington with the integrity to fight for what's right? Doubt it, since it would cost them special interest money.
It's about a lack of awareness and greed generally. If the number one goal is to be materially affluent, moral standards fall by the wayside, and the pyramidal hierarchichal structure of greed is allowed to take shape. This can only be undermined, when people discover they are not victims - slaves to consumerism and fate - instead they are wonderful individuals in a network of life that can create happiness for one another. Sounds trite but love conquers all.
Nice commentary - my summation is much more succinct - wall street has lost the basis of true value when contemplating - level of effort - with the economic rewards...
@AudioBlueCrew I understad what you're saying but I don't think that any two businesses or fields of endeavor have a consistent ratio of effort to reward. The economy places a value on the results that are created. Some results have a very high value regardless of the amount of effort required to create them.
@mjmccready101 - great response, as expected....but until the value systems of some (not all) move beyond that of greed and self service, the opportunity for change will be a distant.
Well done Mike, I agree with you! The Occupy Wall Street movement is bringing a lot of awareness, but to see results there needs to be a better defined strategy. This is a good start but greed won't change overnight or with just protesting. It's going to take a bigger force for real change from the 1% and a clear answer on what people collectively want. I happen to have some ideas on what can be done and currently working on a strategy.
Very well said! If the raw frustration and emotion seen in these protest were better channeled into clear and defined grievances and goals for change then Occupy Wall Street could be a far more effective force!
While you bring quite a few points to light, I think the bigger issue is not what you mention regarding "occupy wall street" rather the strategies or lack there of, of using credit in households earning less than 100,000 dollars per year. The biggest change that needs to happen will not result from protesting rather from a collective effort to recognize our own individual debt, particularly credit card debt and curb spending for erroneous goods, services and fast food.
I believe you to be an intelligent man, You do videos for Music Xray Which I have signed up for. I want to thank you for this video and the others you provide, your outlook seems to match my thought process. Thank you so much, I hope you continue to educate and make aware through these videos.
Soooooo..... What I got out of this is that occupy wall street is full of communist and people who are agienst capitilism....to think I actually once supported you guys...but I do agree with fighting agienst shit like acta!
hellkid12345 1 week ago
While I agree with the sentiments expressed, there's more to it. Many of those in the 1% did not get there solely through hard work. Some started with inherited money. Others exploited cheap labor overseas. Others, such as the banks, auto companies, and brokerage firms that were too big to fail, were propped up by government handouts. Many who took handouts are Republicans. They want it both ways -- no government help for those less fortunate, but "pay me when I screw up". Selfish greed.
SunnyLowdown 4 weeks ago
Capitalism drives the wealth to people already have (money makes more money), by nature. Things get even worse when wealthies buy politicians to get their way, then the it'll accelerates even faster.
Economy slows down when people don't have money to buy things(Inequality), by nature. Along the way people don't have money to buy necessities tend to commit crime results in undesirable society.
Capitalism is not a sustainable system without a little tweak.
allgoo19 1 month ago
Very very well put. Bravo.
DrazonSanders 1 month ago
I enjoyed the video and generally agree with it, but I didn't hear any clear objectives on which policies should actually be changed, and how.
DrGeoSci 1 month ago
@DrGeoSci You are right. When I made this video (nearly 3 months ago) my concern was that the whole movement was being misunderstood and that the few misbehaving protestors were detracting from the message - or even that the protestors themselves were unable to effectively articulate what they were trying to say. The "solution" to the problem is far more difficult and probably much more debatable. Although, I have not heard a single good idea from the Republican field of candidates.
mjmccready101 1 month ago
This is the clearest and most insightful understanding of the current economic situation that I have heard. So what does the average Joe do about it? Is there really anyone in Washhington with the integrity to fight for what's right? Doubt it, since it would cost them special interest money.
MrGueMusic 1 month ago
You're one of the smart occupy supporters that I actually agree with. Not all those "corporate controlling the government" hippies.
TheAceofNate 1 month ago
It's about a lack of awareness and greed generally. If the number one goal is to be materially affluent, moral standards fall by the wayside, and the pyramidal hierarchichal structure of greed is allowed to take shape. This can only be undermined, when people discover they are not victims - slaves to consumerism and fate - instead they are wonderful individuals in a network of life that can create happiness for one another. Sounds trite but love conquers all.
innerrevolution1 2 months ago
Nice commentary - my summation is much more succinct - wall street has lost the basis of true value when contemplating - level of effort - with the economic rewards...
AudioBlueCrew 3 months ago
@AudioBlueCrew I understad what you're saying but I don't think that any two businesses or fields of endeavor have a consistent ratio of effort to reward. The economy places a value on the results that are created. Some results have a very high value regardless of the amount of effort required to create them.
mjmccready101 3 months ago
@mjmccready101 - great response, as expected....but until the value systems of some (not all) move beyond that of greed and self service, the opportunity for change will be a distant.
By the way - I'm diggin' the music xray idea...
AudioBlueCrew 3 months ago
Well done Mike, I agree with you! The Occupy Wall Street movement is bringing a lot of awareness, but to see results there needs to be a better defined strategy. This is a good start but greed won't change overnight or with just protesting. It's going to take a bigger force for real change from the 1% and a clear answer on what people collectively want. I happen to have some ideas on what can be done and currently working on a strategy.
SolPal 3 months ago
I am extremely impressed with your explanation. Thank you so much for your view on the situation.
JJnYo2 3 months ago
Very well said! If the raw frustration and emotion seen in these protest were better channeled into clear and defined grievances and goals for change then Occupy Wall Street could be a far more effective force!
Justblayze2525 3 months ago
While you bring quite a few points to light, I think the bigger issue is not what you mention regarding "occupy wall street" rather the strategies or lack there of, of using credit in households earning less than 100,000 dollars per year. The biggest change that needs to happen will not result from protesting rather from a collective effort to recognize our own individual debt, particularly credit card debt and curb spending for erroneous goods, services and fast food.
artnocsdsu 4 months ago
I believe you to be an intelligent man, You do videos for Music Xray Which I have signed up for. I want to thank you for this video and the others you provide, your outlook seems to match my thought process. Thank you so much, I hope you continue to educate and make aware through these videos.
JusJmusic 4 months ago