Half right

The Australian’s claim (“Protesting against all that keeps us free and wealthy”, 21/10) that the Occupy movement reflects a disengagement from “liberal-democratic market economies” is only half right. Far from being disengaged from democracy, the protesters are practising it, by rejecting the failed free-market experiment they believe has rewarded unelected elites for causing the economic suffering of the rest of the population. The editorial’s stubborn adherence to the minority contrary view is beside the point.

Democracy and unregulated markets are not sides of a coin: there are dictatorships with market economies, and there are socialist democracies. There is no inherent connection between democracy and any particular economic system. If the people choose to regulate their economy for the common good, then that is also democracy.

Leave a Reply

Your email address will not be published.