Passive revolution: are the rich starting to get scared? | ROARMAG

By Jérôme E. Roos On August 20, 2011

Post image for Passive revolution: are the rich starting to get scared?Warren Buffet wants to tax the rich, Forbes warns about a global class war and Nouriel Roubini says that Marx was right about capitalism. What’s going on?It was a week of opposites. As stock markets around the world continued tonosedive into financial meltdown, the world’s third wealthiest man told US Congress to stop coddling the super-richForbes, the ultimate magazine of the rich and famous, warned about the “coming global class war“; and Nouriel Roubini, one of the world’s leading economists, told the Wall Street Journal that Karl Marx was actually right in saying that capitalism is doomed.

And as if that string of radical comments from some of the world’s least radical sources weren’t enough, Business Insider piled onto the scrimmage stating that “Karl Marx is hot” and TIME Magazine called on the West to “heed Marx’s warning” and realize that capitalism simply won’t survive without heavy-handed state intervention. Even on Wall Street a specter was haunting investors, with several leading analysts quoting Marx favorably in important research notes.

What’s going on here? Why this sudden mainstream interest in issues that the radical left has been crying out about at the fringes of the political debate for the past 20-30 years? Certainly these capitalists didn’t turn into revolutionary socialists overnight? Indeed, all of them make it very clear that they disagree with Marx on the crucial issue of socialism. They just believe he “might have been right” about capitalism’s tendency to self-destruct.

In other words, the sudden (superficial) interest in the work of Marx points at the growing sense of fear among the ruling classes. As Business Insider put it, “you know it’s a real panic when everyone’s trotting out the old guys, and even capitalists think Marx got the endgame right.” In an op-ed, Roubini pointed outthat “Karl Marx was right that globalization, financial intermediation, and income redistribution could lead capitalism to self-destruct.” Continue reading


15 OCT #united for global change

Via Scoop.itMapping Social Network Unionism Worldwide

UNITED FOR GLOBAL CHANGE OCTOBER   On October 15th citizens around the world will take to the streets to express outrage at how our rights are being undermined by the alliance between politicians and big corporations.   From Democracia real YA (Real Democracy Now) we invite you to participate in this peaceful protest by joining our call to action or by calling for other actions on this date. It is time to raise our voice. Our future is at stake, and nothing can hold back the power of millions of people when they unite for a common goal.   Democracia real YA is a platform that originated in Spain to coordinate various civil mobilization groups. Under the slogan “We are not goods in the hands of politicians and bankers”, thousands of people took to the streets on May 15th to demand a more participatory democracy, to reject corruption in Spain’s political system, and to show our opposition to the austerity measures imposed on us.   Following the success of that first demonstration, several movements emerged. Acampadas (tent cities) were set up in central squares across the country, much like the first occupation of Tahrir Square in Cairo. The acampadas gave rise to popular assemblies, where citizens shape their goals through an inclusive non-hierarchal decision making process. The May 15 movement soon expanded beyond Spanish borders and inspired actions in numerous cities around the world, including a mass demonstration against the Euro Pact last June 19th.   Pressured by financial powers, our political leaders work for the benefit of just a few, regardless of the social, human or environmental cost this may cause. By promoting wars for profit and impoverishing whole populations, our ruling classes are depriving us of our right to a free and just society.   That’s why we invite you to join this peaceful fight and spread the message that together we have the ability to change this intolerable situation. Let’s take to the streets on October 15th. It’s time for them to listen to us. United we will make our voices heard!   #Unitedchange, we will make our voices heard,#unitedchange, we will reinvent our future!