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Occupy Wall Street:
Background & international context
By
Mark Engler
To
the teacher:
In
recent weeks, "Occupy Wall Street" protests, focused
on economic inequality, have swept the country. Starting with
a protest encampment in lower Manhattan, occupations have spread
to more 70 cities nationwide, generating significant news coverage
and public discussion.
This
lesson presents students with two readings on the Occupy Wall
Street protests. The first reading gives background information
on the demonstrations and addresses the question of what the protests'
demands are. The second reading situates the Wall Street occupation
in an international context, looking at it in relationship to
movements in other countries that have captured headlines in the
past year. The readings are followed by questions designed to
further discussion and prompt students to think critically about
the issues raised.
Student Reading 1:
The Message of Occupy Wall Street
In
recent weeks, a movement inspired by the call to "Occupy
Wall Street" has spread throughout the country. Protests
began in New York City. On September 17, hundreds of activists
descended on Wall Street, ultimately setting up a camp in Zuccotti
Park in lower Manhattan. They had responded to a call to action,
initially raised by the anti-consumerist magazine Adbusters,
which asked people to "flood into lower Manhattan, set up
tents, kitchens, peaceful barricades and occupy Wall Street."
In the weeks since then, the encampment has grown. Moreover, similar
demonstrations have appeared in more than 70 cities across the
country.
The
basic message of the protesters is simple: people are mad at the
greed and corruption of big banks and corporations that were responsible
for sending our economy into a recession. Protesters would like
to enact changes to make our political and economic system better
serve the vast majority of Americans instead of the country's
wealthiest one percent. Reflecting this idea, one of the most
popular rallying cries of the movement has been "We Are the
99 Percent."
On
several occasions, police have clashed with the protesters. During
the second weekend of the occupation, police officers pepper sprayed
several individuals who had been detained and who did not appear
to be resisting. Video of this apparently unnecessary use of force
circulated widely on the internet and in the news media. Approximately
one week later, some 700 demonstrators were arrested while attempting
to march across the Brooklyn Bridge. In spite of the arrests,
or perhaps because of the publicity they created, greater numbers
of people have since been moved to take part in the Occupy Wall
Street demonstrations. Thousands of people, including the Occupiers,
marched to support the protest on October 5, 2011.
Early
on, commentators in the media and even some protest sympathizers
began voicing the criticism that the movement lacked coherent
demands or clear targets for its participants' general feelings
of anger. On September 23, New York Times reporter Ginia
Bellafante criticized "the group's lack of cohesion and its
apparent wish to pantomime progressivism rather than practice
it knowledgeably." She wrote:
One
of the few New Yorkers I met, a senior at Bronx High School
of Science, was stopping by in fits and spurts, against the
wishes of his psychiatrist mother, who feared the possibility
of tear gas and had chastised her son for giving his allowance
to the cause.
That
cause, though, in specific terms, was virtually impossible to
decipher. The group was clamoring for nothing in particular
to happen right away - not the implementation of the Buffett
rule or the increased regulation of the financial industry.
Some didn't think government action was the answer because the
rich, they believed, would just find new ways to subvert the
system.
.
Some
said they were fighting the legal doctrine of corporate personhood;
others, not fully understanding what that meant, believed it
meant corporations paid no taxes whatsoever. Others came to
voice concerns about the death penalty, the drug war, the environment.
(http://www.nytimes.com/2011/09/25/nyregion/protesters-are-gunning-for-wall-street-with-faulty-aim.html?_r=2)
Defenders of the movement have disagreed with Bellafante's assessment.
On September 28, Glenn Greenwald of Salon.com wrote:
Does
anyone really not know what the basic message is of this protest:
that Wall Street is oozing corruption and criminality and its
unrestrained political power-in the form of crony capitalism
and ownership of political institutions-is destroying financial
security for everyone else?
....
So, yes, the people willing to engage in protests like these
at the start may lack (or reject the need for) media strategies,
organizational hierarchies, and messaging theories. But they're
among the very few people trying to channel widespread anger
into activism rather than resignation, and thus deserve support
and encouragement - and help - from anyone claiming to be sympathetic
to their underlying message.
(http://politics.salon.com/2011/09/28/protests_21/singleton/)
Young people have been at the forefront of the occupation from
the beginning. They have stressed the idea that their generation
especially has been betrayed by the American economy. An article
by David Weidner at MarketWatch.com captured this idea. Widener
wrote:
[A]sk
yourself how you might act if you were in school or fresh out
of it or young and unemployed. What future has Wall Street,
the heart and brain of our capitalist country, promised you?
How does it feel to be the sons, daughters and grand kids of
a "me" generation that's run up the debt and run down
the economy?
Unemployment
is between 13% and 25% for people under 25. Student loans are
defaulting at about 15% at a time when more young people have
no alternative but to borrow to pay for school.
Meanwhile,
Wall Street bonuses continue to be paid at close to all-time
highs. Lloyd Blankfein, the chief executive of Goldman Sachs
Group Inc. (NYSE:GS), took home $13.2 million last year, including
a $3.2 million raise.
(http://www.marketwatch.com/Story/story/print?guid=F2FFA022-E843-11E0-8BF8-002128040CF6)
As protests have grown larger and more visible, greater numbers
of participants have been able to voice their criticisms of corporate
power and economic inequality. While the ultimate political impact
of the protests remains unclear, the demonstrators' concerns have
evidently resonated with a wide swath of the American public.
A Time
Magazine poll taken in early October 2011 found that 54% of
Americans had a favorable view of the protest. The
same poll found that the issues positions supported by the occupiers
were also strongly favored by most Americans: 68% want the wealthy
to pay more taxes; 71% want to see bankers prosecuted for the
2008 crash; 79% believe the gap between rich and poor in the U.S.
has grown too large; and 86% believe Wall Street and its lobbyists
have too much influence.
For Discussion:
1.
Do students have any questions about the reading? How might
they be answered?
2.
According to the reading, what are some of the main reasons for
the occupation of Wall Street?
3.
From what you've read and heard about the protests, do you agree
with Ginia Bellafante's criticism that the protesters don't have
a coherent message? Why or why not? What do you think of Glenn
Greenwald's argument?
4. One of the main slogans of the protest is "We Are
the 99 Percent." What does this slogan mean? Do you agree
or disagree with focusing on the top one percent as a symbol of
economic inequality in our country? Why?
5.
Young people have taken a leading role in the Occupy Wall
Street protests. What are some reasons that young people might
feel uniquely invested in this movement?
Optional follow-up:
Have
students read some of the personal stories presented at the "We
Are the 99 Percent" Tumblr site: http://wearethe99percent.tumblr.com/.
Discuss
the following:
1.
What are some of the hardships experienced by people who have
contributed their photographs to this project?
2.
How do these stories relate to students' own experiences?
Student Reading 2:
Occupy Wall Street In A Global Context
The
Occupy Wall Street protest is only one of many important protests
people have organized in public spaces around the world over the
past year. The same economic conditions that gave rise to the
Wall Street occupation and other "Occupy" demonstrations
around the United States have also been felt in other countries.
In
Spain, for example, protests erupted at the beginning of 2011
in response to high unemployment and significant government spending
cutbacks. In Madrid, protesters known as los indignados (the indignant)
took over a number of public squares and plazas - including the
city's central plaza, Plaza del Sol - where they camped out for
extended periods of time. In both the Spanish movement and Occupy
Wall Street, participants made active use of the Internet - particularly
social networking sites like Facebook and Twitter - to communicate
with other protesters and plan their actions.
An
even more famous instance of protesters taking over a public square
in the past year was in Egypt, as part of what became known as
the "Arab Spring." In early January, citizens speaking
out against the 30-year reign of the violent and undemocratic
regime of President Hosni Mubarak filled Tahrir Square, a major
plaza in downtown Cairo. Protests and occupations in other parts
of the country followed. Government forces attempting to repress
the protests killed hundreds and injured thousands of demonstrators,
but the protest only grew. Some two weeks after the Tahrir Square
occupation began, popular discontent throughout the country succeeded
in toppling the Mubarak regime.
The
Wall Street occupation has drawn comparisons to the Egyptian uprising
from participants, supporters, and some members of the media.
Patrick Glennon of In These Times magazine writes that
the Wall Street occupation shares some qualities in common with
the Tahrir Square uprising:
The
activists behind Occupy Wall Street hope to emulate the success
of Tahrir Square, which was an integral force in the dethroning
of former Egyptian President Hosni Mubarak last February. In
Cairo's case, the occupied square became the most compelling
symbol of the country's spontaneous rebellion against its autocratic
leader.
By
endowing Wall Street with a similar, populist significance,
American activists may succeed in producing a symbolic rallying
point to push their agenda for finance and government reform,
especially as the nation has recently seen the first ravages
of the Citizens United ruling and the appalling leniency granted
to speculators and profit hounds responsible for the financial
crisis. (http://www.inthesetimes.com/ittlist/entry/11952/wall_st/)
At the same time that some commentators have attempted to link
Occupy Wall Street with other global demonstrations, there are
also some important differences. One difference is the sheer number
of people involved. The Egyptian uprising relied on the participation
of millions of people across that country. In contrast, participants
in the Wall Street occupation and subsequent demonstrations in
other American cities have only numbered in the hundreds or thousands.
In
his article, Glennon himself goes on to note some other distinctions
between Occupy Wall Street and movements in other parts of the
world:
[T]here
are significant differences between the situation that Egypt
faced at the onset of its occupation of Tahrir Square and where
the United States is now. Former Egyptian President Hosni Mubarak
was an aggressive tyrant. The Egyptian people thus had an enemy
against whom a diverse array of individuals with different political,
social, and religious affiliations could organize.
The
US activists behind Occupy Wall Street inhabit an altogether
different environment. The financial world lacks the identifiable
characteristics of a single dictator, and it operates more as
an abstraction compared to Mubarak's concrete and oppressive
security apparatus.
Additionally,
the movement's cri de guerre is far from codified. Its demands
are all variations of politico-corporate reform, yet they still
vary, ranging from the modest goal of a implementing a Federally
appointed oversight committee to the more radical call for a
one dollar, one citizen, one vote system in which only citizens
could make campaign donations exceeding no more than $1.
(http://www.inthesetimes.com/ittlist/entry/11952/wall_st/)
Of course, just because various international protests are different
does not mean that the Occupy protests aren't important. In the
weeks since their action began, the protesters' cause seems to
be gaining ground.
For Discussion:
1.
Do students have any questions about the reading? How might they
be answered?
2.
The reading discusses several recent protests that occurred
in other parts of the world. Are students aware of protests in
countries not mentioned in this reading?
3.
What are some of the similarities between the protests in other
countries and the Wall Street occupation? What are some of the
differences?
4.
The idea of taking over or "occupying" public space
has had a great deal of resonance in the past year. What do you
think about this use of public parks and plazas? Do you think
that ongoing protest encampments in public spaces are a good way
of voicing a political message?
This
lesson was written for TeachableMoment.Org by Mark Engler with
research assistance by Eric Augenbraun.
We
welcome your comments. Please email them to: lmcclure@morningsidecenter.org.
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