Rob Sobhani in The Huffington Post


On Corporations: Occupy Wall Street pushes for capitalism with a conscience

Americans have witnessed increasing crowds gathered at Wall Street to protest the excesses of capitalism. Two fundamentally different camps are fighting an ideological battle between savage capitalism and capitalism with a conscience. In the former only a few get ahead and prosper but in the latter we are all given an opportunity to prosper.

Those who are critical of capitalism--I call it "savage capitalism"--point out that many people in the middle class and lower middle class are left behind with little to no chance to increase their standard of living. And then there are those like billionaires Bill Gates &Warren Buffet who believe that capitalism should not leave those who are weaker behind. Capitalism, they argue, must have a conscience.

America needs capitalism with a conscience: a system in which every American has a level playing field in which to prosper. Groups such as "Occupy Wall Street" should bring these legitimate grievances into the halls of Congress.

Source: Column in the Huffington Post Nov 18, 2011

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