“Many of the actions by which men have become rich are far more harmful to the community than the obscure crimes of poor men, yet they go unpunished because they do not interfere with the existing order. If the power of the community is to be brought to bear to prevent certain classes of actions through the agency of the criminal law, it is as necessary that these actions should really be those which are harmful to the community, as it is that the treatment of criminals should be freed from the conception of guilt and inspired by the same spirit as is shown in the treatment of disease.”—Bertrand Russell, Proposed Roads to Freedom: Anarchism, Socialism, and Syndicalism (via cultureofresistance)
“The banks have said, leave us deregulated, we know how to run things, don’t put government in to meddle. Then with that freedom of maneuver they took huge gambles, and even made illegal actions, and then broke the world system. As soon as that happened then they rushed out to say ‘bail us out, bail us out, if you don’t bail us out, we’re too big to fail, you have to save us’. As soon as that happened, they said ‘oh, don’t regulate us, we know what to do’. And they almost went back to their old story, and the public is standing there, amazed, because we just bailed you out how can you be paying yourself billions of dollars of bonuses again? And the bankers say, ‘well we deserve it, what’s your problem’? And the problem that the Occupy Wall Street and other protesters have is: you don’t deserve it, you nearly broke the system, you gamed the economy, you’re paying mega fines, yet you’re still in the White House you’re going to the state dinners, you’re paying yourself huge bonuses, what kind of system is this?
When I talk about this in the United States, I’m often attacked, ‘oh, you don’t believe in the free market economy’, I say, how much free market can there be? You say deregulate, the moment the banks get in trouble, you say bail them out, the moment you bail them out, you say go back to deregulation. That’s not a free market, that’s a game, and we have to get out of the game. We have to get back to grown-up behaviour.”—Jeffrey Sachs, the controversial economist talks about the collapse of the global financial system and how to end the crisis with Al Jazeera (via pieceinthepuzzlehumanity)