These occupiers are somehow heroes, I would occupy Wall Street too if I could , well for a day , I am not a hero.
Quote from Arnie:
The reason 62 million American have no or negative net worth is because they made certain choices. Period.
Quote from failed_trad3r:
You are mistaken. Productivity per hour worked is higher in Northern Europe than in USA. Working like a slave in cubicles without holidays and no overtime pay does not motivate you to work harder. Instead it invites you to sabotage the company through manipulation and backstabbing colleagues.
Quote from Covertibility:
My Advice to the Occupy Wall Street Protesters
I would raise the fee on stock transactions to a much higher percentage.
I'd imagine a growing Black or Gray Market would be the result of non-stop implementation of Socialistic goals, anyone agree?Quote from Grandluxe:
There is not going to be communism in America.
However, a European-style welfare society and state is all but inevitable, the United States will basically become a giant UK with universal healthcare, perpetual housing and unemployment benefits and yes very very high taxation which will make the current tax cuts debate look like child's play.
This is already historically inevitable, all the signs when Europe made the transition from capitalism or in some cases mercantilism to a welfare state have already manifested in modern American society.
Sure people will become much lazier and society will become less efficient just like across the pond where they take tea breaks all the time, have tons of holidays and work gets done at a snail's pace but their society is still humming along isn't it? London is still one of the financial centres of the world even though its influence has diminished greatly over the last century.
The overall standard of living will go down, there is no doubt about this but it is hardly going to be the Soviet Union or Africa.