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Is Occupy Wall Street Bringing Back “Real” Capitalism?

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Amidst The Clutter Reported In The Media, What Occupy Wall Street Protesters Really Want Is Political And Financial Reform
Photo Credit: _PaulS_

Modern capitalism, as we know it, is a sick and distorted perversion of its true origins. Since the 1980s, the form of capitalism that has dominated western economies has been one where large corporations and most financial institutions are able to privatize their gains whilst socializing their losses. The recent Occupy Wall Street movement, as such, isn’t so much as a retaliation against capitalism, but rather against its modern incarnation.
<p>Modern capitalism, as we know it, is a sick and distorted perversion of its true origins. Since the 1980s, the form of capitalism that has dominated western economies has been one where large corporations and most financial institutions are able to privatize their gains whilst socializing their losses. The recent Occupy Wall Street movement, as such, isn&rsquo;t so much as a retaliation against capitalism, but rather against its modern incarnation.</p>
See Also links
url: 
http://www.economywatch.com/economy-business-and-finance-news/undoing-the-bankruptcy-of-capitalism.11-10.html
Title: 
Undoing the Bankruptcy of Capitalism: Joseph E. Stiglitz

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