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Deepak Chopra

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Just Capital: What the 99% Really Need (Part 2)

Posted: 07/09/2012 1:51 pm

The frustration over social injustice, inspired by Wall Street's flagrant behavior before and after the calamitous downturn of 2008, strikes me as the most urgent issue facing us right now. How to get out of the present slump and build a viable future are tied up together. If unfairness is allowed to prevail -- and gets elected by proxy to the presidency -- there are enough downward trends to insure the American decline that so many commentators predict. In an earlier post I outlined the three main causes of injustice: income inequality, anti-democracy, and the triple threat of corruption, cronyism, and influence-peddling.

The picture looks bleak. Neither political party has found the moral courage to address the misdeeds of the financial sector, which continue today without regret or reform. When wrongdoers lack conscience, the other sectors in a democracy must step in. That's what we do with violent crime and law breaking generally. But this is called a special case. The economy cannot do without the financial sector, which accounts for more than half of all corporate profits. One part, the Republicans, nakedly oppose any attempts at reform. In addition, Wall Street spends lavishly on every kind of influence peddling, and a reform-minded candidate who opposes them will find himself abandoned by huge donors. The system is broken, to repeat a mantra on everyone's lips.

How can a justice movement be mobilized that might continue the start made by Occupy Wall Street?

Here are some possibilities:
1. A grass-roots movement to undo the Citizens United ruling by which the Supreme Court ushered in an era of influence peddling on the grandest scale. A constitutional amendment is the only way presently to overturn their decision, and it is unlikely to succeed. But the issue needs to be kept alive as a focal point for action.

2. Burrow from within. That old Soviet-era slogan points to action inside Wall Street. There are young bankers and financiers who genuinely reject unfettered greed, and we should do all we can to unite them into a movement with teeth. Already a list like the Fortune 500 is being assembled to highlight corporations that are practicing just capitalism, i.e., capitalism with social justice in mind.

3. Elect better candidates. Few people are running for office on a fairness agenda. They are blocked by the current panic over jobs as well as the outraged Tea Party.

4. Bring back civics lessons. One of the most pernicious effects of electing school boards across the country with a bent toward fundamentalist Christianity is that "moral values" is code for narrow-mindedness and reactionary agendas. I know that schools are strapped trying to teach not much beyond basic reading skills, but the Internet is free and open. We need to build websites with celebrity speakers who talk about the ideals of fairness, sharing, democratic cooperation, and altruism in public life. Let's get some inspiration going.

5. Stop defending the indefensible. Corporate America is enjoying the highest profits in 45 years, mirroring a general prosperity among the haves while the have-nots suffer. The same thing happened in the Great Depression, when the wealthy sat on their hands moaning excuses for massive layoffs and their refusal to invest in the future. Demonizing them is tempting and more than a little correct, but in truth all of us who are not suffering should stop sitting on the sidelines. To do nothing is to let the reactionary forces win. Passivity is the same as defending injustice. Look in the mirror and tell yourself that.

I haven't done any deep research for these proposals; they just seem like common sense from a moral viewpoint. I'm sure that others have come up with better schemes based on greater insight. The main thing is that expertise isn't needed here. The ordinary citizen still smells the stink of Wall Street's misdeeds, the lack of accountability, and the shameless profiteering that has ensued since 2008. This isn't a passing phenomenon. Once the fabric of a just society is undone, it takes generations to weave it back together.
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The frustration over social injustice, inspired by Wall Street's flagrant behavior before and after the calamitous downturn of 2008, strikes me as the most urgent issue facing us right now. How to get...
The frustration over social injustice, inspired by Wall Street's flagrant behavior before and after the calamitous downturn of 2008, strikes me as the most urgent issue facing us right now. How to get...
 
 
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HUFFPOST SUPER USER
mikeydjd83
10:32 PM on 07/16/2012
... common sense from a moral viewpoint. Unfortunately, the greed which is so prevalent on the dark side of human nature places this out of reach.

"Noting perhaps the greatest human vice to be greed, he (Alexander Hamilton) surmised that if this passion could be harnessed in service to the state, 'the nation was on its way to power, opulence and greatness.' So he incentivized the speculative interest, prevalent on the dark side of human nature and especially among the moneyed class, to provide the support vital to its success."

That's right. It was planned that way. Read more at

http://lifeamongtheordinary.blogspot.com/2012/03/pursuit-of-happiness-part-one.html
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HUFFPOST SUPER USER
John fulano de tal
12:12 PM on 07/15/2012
BREAKING NEWS! The “American” cruise ship that we are on is sinking; it’s going down in flames!
And what are we Americans doing? Having a gabfest symposium about who is at fault, how it could be fixed, how much it will cost, whose theory is best, how things used to be, what’s the price of tea in China, blah, blah, blah.

I was having a chat with a German friend about the US banking scam, mortgage meltdown, and lack of government responses to the same. She was appalled at the apathy, laziness and arrogance of the American people. She said in Germany millions of families and workers would peacefully strike and shut the damn country down until something was really done.

What is wrong with us? We give all our power to the 1% corporations and their puppet politicians and then arrogantly sit back and debate how it should be fixed? Meanwhile the 1%'s actions have brought us to the worst crisis we have ever faced?

READ THIS ENTIRE ARTICLE: http://www.nationofchange.org/blogs/rudy-avizius/new-world-order-blueprint-leaked-1341428298

ADD THIS TO THE MIX: http://news.cnet.com/8301-1023_3-57469950-93/obama-signs-order-outlining-emergency-internet-control/

The time for talking is over. We need to do a peaceful intervention in Washington called the "Millions Mad March".

http://twopesos-protestfortheundocumented.blogspot.com/2012/07/millions-mad-march-mmm-request-to.html

LET”S ROLL!
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Paul Robertson
02:21 AM on 07/12/2012
OMG - a Deepak Chopra article that I agree with. Still... it can't be long before the universe rights itself. Coming next in Part 3, QUANTUM progressivism!
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HUFFPOST SUPER USER
charleyvldm9
He thinks outside the box.
07:53 PM on 07/10/2012
The 99%ers just need to save 6 months expenses in case of an emergency,then take it from there.
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AndKoolaidForAll
'Change' is the nature of OUR Universe
02:42 PM on 07/10/2012
Your diagnosis of the patient's many long-term illnesses is impeccable, Dr. Chopra. I particularly appreciate the recommended treatment has direct and indirect paths for achieving positive results.

The Citizens United ruling may ultimately fuel the drone of political commercials, robo-calls or even possibly local vote-fixing. However, influence peddling's corruption originates on both sides of the isle and they refuse to discuss or place campaign finances their party's platforms.

It begins with industry and hired lobbyists delivering frequent checks of 'bundled' contributions, and a list of supposed contributors, to Congressional member's willing to accept.
It ends with elected officials keeping any unspent contributions, not recusing their votes on issues where they've accepted money, and even letting the lobbyists write the legislation.

A simple law providing the strictest oversight for bundled contributions and severe penalties for using fraudulent contributors, or that criminalizes the bundling of campaign contributions altogether as a method of petitioning government, could help treat much the cancer at it's source.
Yet, even these simple steps require the assistance of some profiting most by 'playing ball'.

I love your approach of let's do some of what we're able now - to at least make some start restoring the dream a world once wanted to follow. I was taught as a child it's a country where the Rule of Law wasn't conditional for the wealthy and powerful - and ALL humans inherently have Equal Rights under that rule. That work must never end.
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HUFFPOST SUPER USER
John fulano de tal
02:15 PM on 07/15/2012
I agree with everything that you said. AND, without the 99% taking action to stop this corporate run government madness, what you and and that which we know makes little if any difference.

Millions of the 99% need to do a peaceful intervention in Washington. It is very similar to alcoholic, abusive or drug addicted parents who can't take care of their families.

The main exception is that "We the People" are not kids, and "We the People" can step in and stop their madness to save ourselves.
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HUFFPOST SUPER USER
freedomny
99% = TBTF
09:58 PM on 07/09/2012
"they just seem like common sense from a moral viewpoint."

Yes, they do. Unfortunately America has lost it's moral compass. The message at the top of American power has trickled down....but it is only those at the bottom who are held accountable.

Woman banker supporting ethical capitalism
05:27 PM on 07/09/2012
Excellent analysis, good suggestions!
04:42 PM on 07/09/2012
Dr. D, pls add to this to the peoples solutions list: Debt absolution for the 99%'ers! Let's demand and declare it ***** DEBT ABSOLUTION DAY! ***** Defined - any person or business as of today with annual gross income, from all income sources, less than $250,000, their bank related debt balances are zeroed as a one time event. No more bank related debt owed on mortgages, credit cards, auto loans, student loans and the like; meaning zero statement balance. This single event would be a catalyst to rebalance the justice scales, release personal discretionary spending, reinvigorate the economies of the world, and restore confidences in our dormant dreams. We can all then move forward with lessons learned on past events. All in favor say, yes. Oppose say no.
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4eva
.-.. --- ...- . --..-- / -. --- - / .... .- - .
06:54 PM on 07/09/2012
I don't have any debt so it won't help me.
Let me know in advance about the debt absolution day, I'll be sure to go ut and rack up some debt to be absolved.
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Leonor Arango
i love Gandhi and God, we are all connected
04:36 PM on 07/09/2012
sorry they close pages . Me with all the passion i had for justicr and truth, but allowed to express it my Country of the FREE. The way all this hidden issues, sell out rain fotest, the people
I stop now all we want is truth, pay back the people, look at our backyard. I have nothing left
lol. inside not freedom
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Leonor Arango
i love Gandhi and God, we are all connected
04:24 PM on 07/09/2012
good points and to be honest, my main problem is when did we the people become were is our constitution. I am upset also that it had allowed, we homeless family, elderly left with out cent
I know its feels that you been allowed to be feed to wolfs
No one is backing we the people. I asked that we educate all minorities on the topics and get vote.
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HUFFPOST SUPER USER
Tom Riggs
Artist, pro working class.
04:05 PM on 07/09/2012
"income inequality, anti-democracy, and the triple threat of corruption, cronyism, and influence-peddling." In other words the republican party.
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4eva
.-.. --- ...- . --..-- / -. --- - / .... .- - .
06:55 PM on 07/09/2012
Like there is no corruption, cronyism an influence peddling in the democratic party.
Right.
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HUFFPOST SUPER USER
Tom Riggs
Artist, pro working class.
07:34 PM on 07/09/2012
With citizens united the republicans legalized cronyism. Can you name one thing the republican party is doing FOR this country?
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ecceme
Be afraid!
03:12 PM on 07/09/2012
I'm with you, Dr. D
02:56 PM on 07/09/2012
Brilliant, if not obvious, ideas, but good luck getting politicians to support it.
02:35 PM on 07/09/2012
Dr. Chopra made a billion dollars selling herbs (worth pennies) & scented oil massage to vain Westerners. Isn't America great? Yes, it was, but no longer.... There's no way Chopra (or anyone like him) could have the same success under the current Administration's Grand Social Experiment. AKA: Spread (others') Wealth to Under Achievers.
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Bob Ellal
Diogenes man; qigong guy, cancer survivor
02:46 PM on 07/09/2012
Amen, brother. No one seems to work it better than the swamis from the East, preaching spirituality over materialism--then charging their yuppie disciples exorbitant costs for the drippings of their "Dr. Feelgood" minds. Spiritual teachings aren't necessary for these people, just common sense: work less, give up your huge houses, luxury cars, expensive vacations and expensive dinners. Downsize possessions and ego; don't fall prey to the American marketing "culture" that convinces people to buy bigger and better toys that they don't really want or need to impress people they really don't like.
02:58 PM on 07/09/2012
The whole time reading this I kept thinking about the Chopra massage center here in NYC that charges insane amounts for body wraps and the like. I don't believe he really gets to speak for the 99%.

However, I do. And his ideas are so obviously right. He's not trying to redistribute the wealth, which I am also vehemently opposed to (and that's coming from someone who is currently unemployed), but rather he's saying that we need to GET THE MONEY OUT OF POLITICS and educate our children that greed is not always good.
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02:25 PM on 07/09/2012
Sound ideas but implementing them is the difficult part. Good luck..