Tags: baldwin | defends | capitalism | protests

Alec Baldwin Defends Capitalism at Occupy Wall Street Protest

Thursday, 20 Oct 2011 01:22 PM

By James Hirsen

A case for capitalism was presented to some Occupy Wall Street protestors, and the economic argument was provided by none other than Alec Baldwin.

The "30 Rock" star recently dropped in on some participants of Occupy Wall Street in New York.

Using his Twitter page, Baldwin subsequently thanked a couple of the protestors for giving him a lesson in what the movement was all about. It was the actor’s first time visit to the Zuccotti Park gripe-in.

Baldwin recommended that the movement “coalesce around some legislative policy."

"The 'occupy' strategy may be an effective one. But what can each entity agree on?” he asked.

The actor-activist offered the suggestion of campaign finance reform as legislation “that would be 1 measure of success.”

A number of protestors at the event objected to Baldwin’s position as a spokesperson for Capital One Bank, and they confronted him.

“I donated all of my fee from Capital One to arts charities. They have been great partners in my support of the arts,” he tweeted.

Baldwin also provided some pointed comments on free enterprise, posting, "We need a healthy banking system in this country. We need strong capital markets.”

“What is missing are regulations with teeth," he suggested.

Baldwin clashed with a Ron Paul supporter who sought the actor’s support in eliminating the Federal Reserve.

A portion of the actor's response included three words that are not likely to resonate with die-hards in the anti-capitalist crowd.

"Capitalism is worthwhile," Baldwin said.


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