WordPress has a list of suggested blogging topics. This was one of them. How could I resist?
I think any of the “seven deadly sins” will do, but the one that occurs to me the most is greed.
Look at the current state of our world economy and greed gets center stage. Do you notice who in all the economic meltdown has not had to give up anything? Those who already had much: the über rich, the powerful, those who influence and in many ways control the government. Wall Street didn’t bat an eyelash at paying out billions of taxpayer money in bonuses to those who took our economy down. The bailout was intended to free up lending; this hasn’t happened. What are they doing with all of their money? Large corporations are sitting on huge stockpiles of cash, while unemployment remains high. What are they doing with all of their money?
The wealthiest of people have seen their wealth increase by 8% as a result of the Great Recession. Meanwhile, millions of people are either unemployed or underemployed and losing their homes, their retirement, their financial security. The middle class is shrinking.
Don’t get me wrong. I don’t really have anything against wealth. I do have something against rich and powerful people who increase their wealth on the backs of the poor. The erosion of the middle class becomes an untenable situation that can only lead, in time, to class warfare. I am concerned that we are moving in that direction at a frightening pace.
Although I believe the current “Occupy Wall Street” movement is somewhat silly in the sense that they are not accomplishing anything, it still raises public consciousness that there are many who will speak out about the epidemic of corporate greed. For that I laud them.
What’s your opinion?