Koreans to hold 'Occupy Wall Street' protest in Seoul

A group of Korean activists said Wednesday they will occupy the streets of Seoul this weekend to protest financial inequality, joining the "Occupy Wall Street" movement that originated in the United States.

For anyone in South Korea (are there any ATS'ers in SK?), this is happening this coming Saturday and Sunday in Seoul.

It seems this OWS movement is spreading globally. I still am not sure what to think of this movement. When the have-nots rise up against the haves and demand equality. What do we end up with?

Socialism, that's what. Each giving according to their means and receiving according to their needs. Something like that...which translates essentially to everyone having just enough to live a meager existence.

Equality in this sense is a fictional aspiration. It sounds great in theory...in practice it is a sure-failure.

Occupy the planet...go ahead. This will end poorly, I am sure of it.

Source of above quoted material.

As if S. Korea does not already have a bunch of problems
with N. Korea and China.

I did not know South Korea called there financial road *wallstreet* very interesting..
Thanks for the info OP

Somewhere behind blast proof steel doors, surrounded by the worlds largest pornography and cognac collation, Kim Jong-il is smiling.

It's not socialism.
Try not to label everything you see, then you will see.
The income inequality around the globe (aside from like, denmark), is atrocious. There are people with billions and billions of dollar sitting in the bank.
But not only that, Big huge conglomerate entities own absolutely everything. All one needs to do is look. Trillions of dollars in investments globally. Record profits, unemployment at great depression levels.
The war machine is sucking the life out of the country.
War is also very profitable to big companies too.
Invest in something other than war, and we would probably be fine. Dont bail out billions/trillions of taxpayer money. And we'd be fine.

Anyone still think that this is an innocent "grass roots" movement??

Anyone??

There are clearly some big players behind the scenes that are making moves like chess pieces. Worldwide chaos used as a catalyst to usher new govts. in strategic nations.

One certainty, this was never grass roots to begin with. The major economic markets have been destabilized to pave the road for this.

reply to post by kalunom

99%!

We have found a theme that resonates around the planet!

People everywhere can tell that the same basic problems have the same basic causes.

Can we turn this idea into a solution? Maybe so!

It used to be called "democracy." Our brand is sometimes called "republican democracy."

Maybe what we really need is "honest democracy."