Jonathan Fryer

Writer, Lecturer, Broadcaster and Liberal Democrat Politician

Is There Any Global Narrative to Protests?

Posted by jonathanfryer on Sunday, 2nd October, 2011

This evening I took part in a TV curent affairs show in which the Occupy Wall Street demonstrations were the main focus of attention. I was interested by the argument of two other participants in the discussion — far to the left of me — who declared that what was happening in New York and a growing number of cities across the US is all part of the global awakening and realisation of the wickedness of banks and the capitalist economy that has spread across North Africa, the Middle East, Europe and now North America. I remain unconvinced. I can see that there are links between the protests of people who are unemployed or worried about cuts or their pension prospects, whether they are taking place in Athens, Madrid or San Francisco. But that trend is not the same as the cry for freedom and democracy that has gone up from Tunisia to Syria. Besides, the call from some of the American marchers — and my fellow pundits who are so sympathetic towards them — was to bring down the banks. Ruin them. I am as unhappy as the next person about the obscene riches some of the top bankers have earned and the way casino banking jeopardised the world economy. But bringing down the banks is the last thing we need just at present. It would send us straight back into an even deeper recession.

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

 
%d bloggers like this: