Vince Cable sympathises with the 99%

A week ago I stated that I sympathise with the Occupy London protesters in the sense that they seek to protect the poorest 99% against the excesses and greed of the top 1%. Following endorsements from senior politicians from the Green Party and the Labour Party; I argued it was time for the Liberal Democrats to state their support for the 99%. Yesterday on the Politics Show, the Business Secretary Vince Cable announced that he sympathised with the cause of the Occupy London protesters. Occupy London which is primarily based outside St Paul's Cathedral is campaigning against gross inequalities of wealth, corporate corruption and basic unfairness in our society. The endorsement of such a senior Liberal Democrat and government figure will act as a political boost for the primary aim of the Occupy London movement which is to protect the poorest 99%. Vince Cable and the Liberal Democrats have long been campaigning for a fairer more equitable capitalism, where the rich pay their fair share. It has been stated by the media (often mistakenly) that the camp at St Pauls is an anti-capitalist protest. Although much of Occupy London is emboldened by campaigners who are Marxists, Trotskyites, socialists and anarchists not all at the camp are anti-capitalist. Indeed, mine and I daresay Vince Cable’s support for the protesters outside St Paul's comes out of a belief that our current neoliberal capitalism is increasingly unfair and that we need to create a capitalism that is fairer, more progressive and that works for everyone not just the ultra-rich top 1% in our society.

To read an article from the Guardian concerning Vince Cable’s statement on the Politics Show please follow this link: http://www.guardian.co.uk/uk/2011/nov/13/vince-cable-sympathise-occupy-london