by Jeremy Leaming
Yeah it’s Constitution Day, and we have a blog symposium for that. But today also marks the anniversary of a gathering of protests aimed at blasting the risky ways of large financial institutions that brought on a global meltdown and America’s Great Recession. Occupy Wall Street protests also railed against the increasing corporate control of politics, and helped raise awareness of economic inequality that undermines democracy.
When those protests gathered steam and formed organization in places like New York’s Zuccotti Park, many right-wing pundits, like some on Fox News, belittled the protests as run by brain-addled youngsters and aging hippies with no real message. (Some on Fox News also expressed amazement at why any person would care about economic inequality.) But like so much of what spews from cable news carnival barkers, they were wrong.
As Slate’s Dahlia Lithwick put it, many of the OWS protesters were exceedingly clear in their messaging. “They are holding up signs that are perfectly and intrinsically clear: They want accountability for the banks that took their money, they want to end corporate control of government. They want their jobs back. They would like to feed their children. They want – wait, no we want – to be heard by a media that has devoted four mind-numbing years to channeling and interpreting every word uttered by a member of the Palin family while ignoring the voices of everyone else.”
In a Sept. 14 post on OccupyWallStreet, website the “common villain” is Wall Street, which “is robbing the 99% blind on behalf the 1%.”
Likely a little hyperbole, but part of its message centers on the fact that for far too long, economic policy has been driven by lawmakers who cater to the superrich, ignoring a growing wealth gap and larger numbers of people falling into poverty.
In So Rich, So Poor, Georgetown University law professor Peter Edelman explains how right-wing economic policy has created a wholly ineffectual social safety net.