[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
Muslim volunteers face questioning and threat of arrest, while aid has been disrupted or blocked, charities say.
Six months on, outrage and sorrow over the mass schoolgirl abduction has disappeared - except for families in Nigeria.
ISIL combatants seeking an 'exit strategy' from Mideast conflict need positive reinforcement back home, analysts say.
European nation hit by a wave of Islamophobia as many young fighters join ISIL in Syria and Iraq.
Featured
Lacking cohesive local ground forces to attack in tandem, coalition air strikes will have limited effect, experts say.
Hindu right-wing groups run campaign against what they say is Muslim conspiracy to convert Hindu girls into Islam.
Six months on, outrage and sorrow over the mass schoolgirl abduction has disappeared - except for families in Nigeria.
Muslim caretakers maintain three synagogues in eastern Indian city, which was once home to a thriving Jewish community.
Amid fresh ISIL gains, officials in Anbar province have urged the Iraqi government to request foreign ground troops.