Occupy Wall Street is bringing to most everyone’s attention that we, the 99%, are not mere cogs in the economic machinery and those in the executive suite are not our overlords. I applaud the courage and commitment of those standing up for the rights of citizens.
However as long as our society practices capitalistic democracy, the overlords of industry will have us be governed according to their self-serving interests—overly influencing the democratic process from elections to directing both policy and law/regulation—whereby the common and collective voice and interests of the citizenry matters not. So the demand for change must go to the root of the problem.
So what is the solution? As explained in It’s the Econome, Stupid, the engine of self-interest driving business and economic activity is destined to destroy the very system it created and depends on—it is a system that is nothing but suicidal! You see, the pursuit of unlimited growth and wealth accumulation is not a self-regulating process, but rather self-reinforcing toward self- destruction.
A little greed manifests as unfairness and a lot of greed as fraud—neither are acceptable in the governance of society. So the demand for change must go to the root of the problem. We must change the system, not merely seek to regulate greed.