Cognitive Dissonance

"Democracy! Bah! When I hear that I reach for my feather boa!" - Allen Ginsberg

49 notes

Living under Communism in China made me a fervent enthusiast of capitalism. I believe that over the last couple of centuries banks have enormously raised living standards in the West by allocating capital to more efficient uses. But anyone who believes in markets should be outraged that banks rig the system so that they enjoy profits in good years and bailouts in bad years.

The banks have gotten away with privatizing profits and socializing risks, and that’s just another form of bank robbery.

Nicholas Kristof, “America’s Primal Scream”

Kristof hits the mark in this column. In light of the mass arrests across the nation, let’s remember how this has grown since its beginning on September 17th. The Occupy movement has gone global in about a month.

September 17th was the beginning. October 15th is not an ending. It marks the commencement of occupying everywhere.

(Source: The New York Times)

Filed under Nicholas Kristof New York Times Occupy Wall Street inequality injustice capitalism politics economy US government big banks banksters free market

  1. popeanon reblogged this from cognitivedissonance
  2. reasonedoverreaction reblogged this from phantasmicziriam
  3. honey-poured-over-thunder reblogged this from thesoupofthedayiswhiskey
  4. prdjournal reblogged this from thehermitkrab
  5. todayinpolitics reblogged this from cognitivedissonance
  6. thehermitkrab reblogged this from randomactsofchaos
  7. sosungjackskellington reblogged this from phantasmicziriam
  8. sabretoothkitten reblogged this from ilivesweat
  9. randomactsofchaos reblogged this from cognitivedissonance
  10. phantasmicziriam reblogged this from cognitivedissonance
  11. thesoupofthedayiswhiskey reblogged this from cognitivedissonance
  12. hanuueshe reblogged this from cognitivedissonance
  13. jron reblogged this from cognitivedissonance
  14. bluntlyblue reblogged this from cognitivedissonance
  15. pavlovsstepson reblogged this from cognitivedissonance
  16. ilivesweat reblogged this from worsethanqueer
  17. worsethanqueer reblogged this from lesbianlegbreaker
  18. lesbianlegbreaker reblogged this from cognitivedissonance
  19. hawkingintothevoid reblogged this from cognitivedissonance
  20. cognitivedissonance posted this