“OCCUPY WALL STREET”

“Occupy Wall Street” has become now a very important slogan of American working class. For the last few weeks workers are being assembled at Wall Street New York (America) and protesting the globalization policies which have caused tremendous unemployment, soaring inflation mainly in the food items and rampant corruption. Wall Street is the place where office of world’s No. 1 Stock Market New York Stock Exchange is situated. Besides this there are offices of World’s most important Banks and financial Corporations and Multinational Companies. This is the perception of American general public that this is the place of greed, gambling, cheating and euphemism of profit making and exploitation of working class and general people through which the economic policies of America are decided and US Government dances on its finger tip. The palpable anger of the people against the deprivations imposed upon them since the financial meltdown of the “Big Five” (Multinational giant financial corporations) on Wall Street in New York in 2008 have now reached on unprecedented level of unemployment and declining livelihood standards. The rallying point was focus against corporate greed and loot as the genesis of their travails is like the severe pain to a woman at the time of giving birth to a child. This anti Wall Street protests against globalization policies has spread over 1500 cities word over. This is the self generated agitation among the people who are badly affected by this capitalist system. The myth that the state under capitalism is a benign natural entity has been shattered. True to its character, the capitalist state intervened to bail out these very financial giants who in the first place caused the current crisis.

To show their disbelief in banking system, hundreds of people have withdrawn their money and closed the accounts as a symbolic protest.

This type of protest has spread in the cities like London, Rome, Athens and other cities of Europe and Asia. Now this trend of profit making by giant financial corporate sector has become a symbol of hate.

This self generated agitation of U.S. people can be compared with anti corruption movement of Anna Hazare in our country, India. As the people of India think that the wide spread corruption in all walks of life is the root cause of miserable condition of working class and general public in India (even though there are other burning issues like price rise, unemployment etc also as a fall out of capitalist globalization policies). The anti Wall Street protesters rightly believe that main reason of all evils of economic system exists in capitalist system operated from Wall Street.

Now the ‘Occupy Wall Street’ agitation has become international. The policy makers in every country should think very seriously to put check on this financial, banking and share market oriented globalization policies and try to search alternative path for the welfare of working class and people of not only in USA and Europe but for whole World where a common man can earn his livelihood and can live his life peacefully getting rid of miserable condition fulfilling the minimum requirements of life.

As the living legend of socialist world Comrade Fidel Castro of Cuba has correctly put it “there is an alternative and socialism is the only alternative”. Let us hope for a new world order.

Courtesy: Postal Crusader November 2011