[QODLink]
Inside Story
People power versus the global economy
As the Occupy movement spreads across the world, we ask if people have lost all confidence in the global economy.
Last Modified: 27 Oct 2011 12:15

The Occupy movement is spreading around the world and gaining momentum. And with no end in sight, it is causing concern to governments everywhere.

It began in New York but has now spread to more than 900 cities across the globe. The protesters, inspired by the Occupy Wall Street movement, continue to express their anger at the global financial system, corporate greed and government cutbacks. They are calling on their governments to stop heeding the concerns of financial markets while ignoring the plight of their own people. 

As EU finance ministers meet to find ways to resolve their biggest financial crisis to date, the distrust in the global financial system is growing.

So have people lost all confidence in the global economy and global economic systems? Is there a global solution or do individual countries need different remedies?

Inside Story discusses with guests: Kanja Sesay, a student officer at the UK National Union of Students; Detlev Schlichter, author of Paper Money Collapse: The Folly of Elastic Money and the Coming Monetary; Sony Kapoor, the managing director of Re-Define, an international think-tank that advises policy makers on economic and financial sector policy. 

Source:
Al Jazeera
Topics in this article
People
City
Organisation
Featured on Al Jazeera
'Justice for All' demonstrations swell across the US over the deaths of African Americans in police encounters.
Six former Guantanamo detainees are now free in Uruguay with some hailing the decision to grant them asylum.
Disproportionately high number of Aboriginal people in prison highlights inequality and marginalisation, critics say.
Nearly half of Canadians have suffered inappropriate advances on the job - and the political arena is no exception.
Featured
Women's rights activists are demanding change after Hanna Lalango, 16, was gang-raped on a bus and left for dead.
Buried in Sweden's northern forest, Sorsele has welcomed many unaccompanied kids who help stabilise a town exodus.
A look at the changing face of North Korea, three years after the death of 'Dear Leader'.
While some fear a Muslim backlash after café killings, solidarity instead appears to be the order of the day.
Victims spared by the deadly disease are reporting blindness and other unexpected post-Ebola health issues.