Sunday, March 4, 2012

A World Declares: Put Equality First


Published on Saturday, March 3, 2012 by The New Internationalist

‘You can’t evict an idea,’ read a sign posted in the window of 21-29 Sun Street, in the City of London.

The grey concrete office block, owned by the Swiss bank UBS, had been invaded and turned into a ‘Bank of Ideas’ by members of London’s Occupy movement.

Inside, instead of screens and monitors showing the ups and downs of the markets, walls were decorated with Banksy-style graffiti art. Where there might have been a boardroom table, ping pong was being played.

Upstairs, small children were squealing. Offices once used by senior staff on six-figure salaries were now providing shelter for homeless families.

In a large room, people were gathering for a conference with the title ‘Beyond Capitalism’.

Apart from the crisis in capitalism – ‘utterly bankrupt at every level’ as one participant put it – a recurrent theme was ‘inequality’.

Me too

Fast-forward a couple of weeks to a very different gathering, at the Swiss ski resort of Davos. This is where around 2,500 of the world’s political and business leaders were meeting for the World Economic Forum.

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