On the 99% movement: It is not just about bankers and greed

I have begun my weekly TV programmes again broadcast via New Channel TV to the Middle East and other countries via satellite after a long hiatus. For my first programme back, I speak with the brilliant Hamid Taqvaee on the 99% movement. Here it is:

A TV International interview with Hamid Taqvaee on the 99% movement broadcast on 20 October 2011.

Maryam Namazie: The world-wide 99% protests have been amazing to see. We keep hearing, though, that it has to do with greed. Will things improve if there is less greed?

Hamid Taqvaee: Greed is what people refer to because that is what they are told. When the financial crisis began, mainstream media and politicians spoke of greed as if there were a bunch of greedy executives, bankers and major stockholders on Wall Street who had created the entire problem. That was the image people were given – that there may be something wrong with the system that needed modification but the real problem was greed and greedy people. Obviously, greed is not the reason behind the situation we find ourselves. I mean, even if you say it is greed, the system needs greed. In reality, the problem we faced has been created not by greedy people but by a greedy system. And if you want the system to work you need greed and that greed is personified in bankers and other capitalists. The problem is the system, however, not some greedy people. [Read more…]