OWS

I write for business publications now and then. I have, however, become concerned by some of them. Their coverage of the Occupy Wall Street protests is, I think, blinkered to say the least. Originally, they paid them no heed. Then, they mocked them. Now, they present the protestors as anti-capitalists and a threat to free enterprise.

Yet, in fact, the story is enormously more complicated. Some of the protestors are, indeed, radicals. Yet, others are most certainly not. Many are as devoted to free enterprise as anyone else in the middle class. They protest not because they hate profit, but because they can no longer make one. Quite simply, so much wealth has been so unfairly been transferred to the very rich from the rest of us in the last few years that economic activity has been almost impossible.

Thus, the revolution is not against capitalism but to save it. Failing to understand that is the first sign that one does not understand the world. For that reason, I fear for my editors.