Markets “volatile” – London burning

While the London riots are truly shocking they do not surprise me at all: as with so many problems today the sad thing is that they all have one common root cause that has been ignored way too long by our system: poverty.

So instead of blaming social media (expect more calls from clever politicians to censor teh evil Internets) why not blame the bankers who robbed and looted our society for months and years and who received bonuses on top…?

Maybe those young people (some around 10-14 year olds!) are not just “criminals” as the politicians and the police say but maybe they simply also expect some “bonuses” now…? You know the young ones, the “copycats” just do what they are being shown on TV by the responsible adults, the social-funds cutting politicians helping the “markets”, the bankers and the corporations.

We are loosing much more than “trillions” of made-up money on the stock markets these days, we are loosing so much more than what is being destroyed physically by the looting. We are loosing a generation of young ones who don’t see a future. And as a society this is our future.

Go capitalism! More growth! Go markets! Go…!

Here some of the best comments and articles I have found so far:

There is a context to London’s riots that can’t be ignore (08.08.11, http://www.guardian.co.uk)

Looting ‘fuelled by social exclusion’ (08.08.11, http://www.guardian.co.uk)

Panic on the streets of London (09.08.11, pennyred.blogspot.com)

Also, in case you are a BlackBerry customer, you may want to know more about this: RIM Helping UK Police Track Down Rioters (08.08.11, yro.slashdot.org)

Updates…

Young adult unemployment (www.poverty.org.uk)

and

If the rioting was a surprise, people weren’t looking (08.08.11, http://www.guardian.co.uk)

International press reaction to UK riots (09.08.11, http://www.bbc.co.uk)

UK riots: What turns people into looters? (09.08.11, http://www.bbc.co.uk)

The UK riots: the psychology of looting (09.08.11, http://www.guardian.co.uk)

The sad truth behind London riot (09.08.11, worldblog.msnbc.msn.com)

Riots without responsibility (10.08.11, http://www.guardian.co.uk)

These riots reflect a society run on greed and looting (10.08.11, http://www.guardian.co.uk)

and

BlackBerry blog site hacked by TriCk – TeaMp0isoN against London riots (09.08.11, http://www.thehackernews.com)

One Response to Markets “volatile” – London burning

  1. taille says:

    We spoke to one London rioter who told us,

    “People out there don’t realise how hard it is for young people to get a really good television when you have to actually buy it.”

    That’s the worth!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: