Comments on: Occupy the world

By: YK

YK — Thu, 01 Jan 1970 00:00:00 +0000

Yes, it may. current banking system takes return on long term loans on fixed ratio (rate) irrespective of market conditions in which the company exists. As the competition becomes tougher (due to increased production capacities and new market entrants) the margin profit becomes narrower and eventually become negative in some industries as their competitors may be less dependent on these fixed ratio loans, as a result company goes default and shareholders loose money.
If return from companies is taken in proportion of profits made (as claimed by Islamic Banks), companies can be protected, preventing recession type situations.

By: Kami

Kami — Thu, 01 Jan 1970 00:00:00 +0000

Cent percent agreed.

By: Umar

Umar — Thu, 01 Jan 1970 00:00:00 +0000

The problem is not only of economists and capitalism, its the quota and favoritism by governments. Take the example of LPG, the prescribed rates are Rs. 118/KG for Rawalpindi/Islamabad, but in Bharakho, it is still Rs. 150/KG. And these rates might be below Rs. 100/KG, but due to its linkage to international markets/prices, its too high. Few people are getting in billions, but who cares?

By: Sharma Anil ( India )

Sharma Anil ( India ) — Thu, 01 Jan 1970 00:00:00 +0000

We have heard a little about ‘Islamic Banking’ . How does it work and what is it basic nature ? Will it solve some of the woes of globally accepted banking system ?

By: Ali

Ali — Thu, 01 Jan 1970 00:00:00 +0000

Capatlism is a multi headed giant, I wish it could be stopped but chances are grim.

When it comes to profit, there are no moral grounds for these companies. A simple example that can be asked is that how come a bottle of water cost more than the same size bottle of pepsi or coke? (which is also produced by the same companies)

Stats does say that the rich are getting richer, I am sure they do not want to let go of that.

By: habib rahman

habib rahman — Thu, 01 Jan 1970 00:00:00 +0000

Democracy alone is not the solution of the huge problem we face to day.Democracy with a good responsble govt is useless and is part of the problems we face today.Greese is technically bankrupt and USa and other europian countries on the to bankruptcy sooner or latter.In usa they elected g.w.Bush twice to carry on in Iraq and Afghanistan costing more than 1.2trillion dollas and still going on.Greece is a smallcountry of about 10 million who cannot pay interest on its 150b.dollars debts and asking another 150B dollar loan to keep up.In usa they brought down the interest to almost zero,so the people who cannot pay the rent opted to buy houses and mansion they could not aford or simply borrow and invest in stock market causing real estate buble and spread to other eureapian countries including the tiny Iceland a responsible govt should not be wasting public money and stay within thei means.FRE MARKET ECONOMY WITH NO GOVT. INTERFRENCE PROVED WRONG ONCE AGAIN AND KEEP EYE ON BIG INTERPRICE AND DEVELER SOCIAL JUSTICE TO THEI PEOPLE.juctise delayed , justice denied.

By: Tj

Tj — Thu, 01 Jan 1970 00:00:00 +0000

The simple fact is…majority of those protestors don’t know the root cause of this mess. It’s goes something like this:
1) Paper money which is debt
2) Central Banks creating money out of thin air
3) Fractional Reserve Banking
4) Big government in bed with big business

All these cause the users of the fresh money at low interest rates to speculate and screws the savers. As time goes on inflation is necessary to keep this ponzi scheme going. Paper money has always failed. The solution is to return to sound honest money and limit the size and scope of government and stop this economic fascism which is corporatism.
The solution for the US is this:
1) End the Federal Reserve
2) End the wars
3) End the Income Tax
4) End fractional reserve banking
All other problems will solve by itself.

By: Kalyan

Kalyan — Thu, 01 Jan 1970 00:00:00 +0000

What all these protests boil down to is participative democracy rather than representative democracy. Most people feel that the government and politicians do not represent the aspiration and interests of the people and that they look at their personal profit and listen to vested interests and corporations that fund their campaigns. They want a participative democracy where they have a direct say in the laws and decisions of the government that should not be swayed by vested interests. This can be achieved through technology such as social media where people can vote for laws and can also recall non-performing politicians and government.

By: janan

janan — Thu, 01 Jan 1970 00:00:00 +0000

We got sold out, banks got bailed out” and “All day, all week, occupy Wall Street

By: Rashid

Rashid — Thu, 01 Jan 1970 00:00:00 +0000

It is the new change around the world. Now we must find out the real cause of such global economic crisis. some scholars are of the view that the paper money should be replaced with gold or silver coins. There is global fraud behind the paper currency. such protest can bring a new change.