#olsx friday g.a. 290612 banking system...

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11 months ago via Bambuser for mobile

29 Jun 2012 19:01 BST


4:55Double Karma:

Where is this Obi?

6:01Double Karma:

Sell the banks!

6:35Steven Maclean:

urgh

6:56Steven Maclean:

Yay! Reactionary politics. Let's go forward, not back..

8:15Double Karma:

HEY Steven waves

8:42Steven Maclean:

Hey DK

8:50Steven Maclean:

"member" Klaxon

9:00Steven Maclean:

Occupy doesn't have "members"

10:40Double Karma:

yeaaaaaaaaaa

14:31Double Karma:

I have a question,

14:37ukwatching:

afk a few mins

14:59Double Karma:

When is Bob Diamond gonna get SACKED

16:33Double Karma:

When are the banks gonna repay they money the got from the bail out

18:10Steven Maclean:

Money is not the problem

19:26Steven Maclean:

Cyprus, Portugal...

19:32Tony Stark:

What is the problem then Steve...?

21:32Steven Maclean:

The short answer is the capitalist system

21:36Double Karma:

corruption, greed & corprate tax avoidance, that that is the problem tony

23:07Steven Maclean:

Resources are privatley owned, when the ought to be socialised, and we have a system reliant on infinate growth when we have only finite resources

24:36Steven Maclean:

He's talking rubbish, nationalist rubbish at that

24:54Tony Stark:

I love short answers but can you be more specific? "The Capitalist System" is pretty broad.. I mean are we talking milton friedman or all of western civilisation?

25:47Steven Maclean:

I'd say Friedman's neoliberal fuck-fest is the logical conclusion of capitalism

26:08Tony Stark:

Ok, we are getting there, so ownership is the main issue??

26:24Tony Stark:

sure, i'd agree..

26:58Steven Maclean:

what we have now is no acident. This is late capitalism. When you have a system reliant on competition, and because ofhat, "losers", you will never have stability for the majority

27:26Tony Stark:

So whats the solution??\

27:35Steven Maclean:

owenership is an issue in as much as the majority own practically nothing.

27:50Double Karma:

get things back into the PUBLIC domaim

27:57Steven Maclean:

Well I'd advocate a resourse based economy

28:04Steven Maclean:

ecosocialism

28:06Tony Stark:

How???

28:11Steven Maclean:

the returm of the commons

28:11Double Karma:

get rid of the private sector

28:19Tony Stark:

How???

28:26Steven Maclean:

@Tony, do you mean how do we get there?

29:24Tony Stark:

How would you..Well I'd advocate a resourse based economy, get things back into the PUBLIC domaim, the returm of the commons, get rid of the private sector

29:36Tony Stark:

How???

29:58Tony Stark:

Through what actions?

30:08Steven Maclean:

revolution

30:19Steven Maclean:

but more likely, we won't have to do anything

30:32Double Karma:

getting MORE people to wake up

30:37Steven Maclean:

Capitalism wasn't a plan to overthrow Feudalism

31:11Steven Maclean:

it came about because new technological and social devlopments exploited aggitations within the Fuedalist system

31:16ukwatching:

Obi do occlondon have plans to join in with the 14th/ 15th month international protests?

31:58Steven Maclean:

Capitalism is already on the rocks. What we need to do is think about what we want to replace it with. We don't really need to rip it down.

32:23ukwatching:

agree Steve

32:28Tony Stark:

Steve are you saying that we are wasting our time because capitalism is on its way out anyway?

32:31Double Karma:

how is the OT folding Steven?

32:49Steven Maclean:

@DK, starting tomorrow. Will you go along?

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