Occupy SMA

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By Jim Carey

Ignoring scientists` warnings of climate change, capitalism steams ahead with its Fake News. The DOW is above 22,000, there are 209,000 new jobs, coal is coming back, and 45 is trumpeting his success.

Occupy will listen to Charlie Rose interview Jeremy Grantham, Chief Investment Strategist for the investment firm GMO and The Intercept journalist and author Naomi Klein will interview Jeremy Corbyn, Britain`s Labor Party leader. Laura Flanders will interview historian and political economist Gar Alperovitz and 98-year-old poet Lawrence Ferlinghetti reads “Pity the Nation whose breath is money and sleeps the sleep of the too well fed.”

The real news is that the bottom 80 percent of Americans together own just 8 percent of all stocks and the top 20 percent of Americans own 92 percent of all stocks. The bottom 80 percent, wage and salary workers, own only 11 percent of all the wealth. The top one percent of households (the upper class) owned 36.7 percent of all privately held wealth (42.8 percent of financial wealth), and the next 19 percent (the managerial, professional, and small business stratum) had 52.2 percent, which means that just 20 percent of the people owned a remarkable 89 percent of wealth. (Prof. Edward Wolff, NYU 2017).

The one percent own the corporations that control an army of lobbyists, deny climate change, and now these billionaires running the government want to rewrite the laws and regulations protecting the planet, the poor, and middle class.

Grantham states that climate change is the #1 threat to civilization and that the planned deregulation is a real threat to the planet and the health of society. He tells us that we have “overdone corporatism at the expense of the man in the street. Since 1970, the average hourly pay of all workers adjusted for inflation has not changed. During that same period in France, their hourly pay was up 140 percent, the British 65 percent, and Japan 80 percent.” Most of the new 209,000 jobs are “worst wage” jobs. David Cay Johnston in Divided: The Perils of our Growing Economy states, “The logic of the market is not to pay people what they deserve. It’s not to pay people what would make a better life for them. It’s to pay the absolute minimum that you can get away with.”

Naomi Klein interviews Jeremy Corbin who surprised the pundits and woke up the slumbering lion of labor, only falling short of capturing 10 Downing Street with his call for a government “for the many and not just the few.” He remains a significant threat to the neoliberal policies of Britain.

Laura Flanders interviews Gar Alperovitz, who talks about the difficulty of just one alternative to capitalism in the United States. “When you talk of the vastness and diversity of the USA,” he says, “we need to look at alternatives within a regional perspective. California is very different than Kansas.”

Join us. The films run about an hour leaving plenty of time for discussion.

 

Meeting and Film

Occupy SMA presents:

Climate Boils as Capitalism Sings

Mon, Aug 21, 1pm

Quinta Loreto Hotel, TV room

Loreto 15, Centro

Free

 

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