Delegate Council

Occupy the Crisis - how the WSM sees the Occupy Movement & the current phase of the crisis

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It is becoming very clear is that there is no national solution to the crisis, even at the level of seizing the wealth of the 1% who live in Ireland. The debt is now too colossal and, in any case, the 1% have been given the needed time to move much of their liquid assets out of the country. The recent payment of a billion dollars in unsecured debt to those who gambled on Anglo is one of the final steps in that process. Confiscation of what they cannot move continues to be needed but there is no longer a radical social democratic solution based on taxing the wealth of the domestic 1%.

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