Politics as an End in Itself: Occupy Wall Street, Debt and Electoral Politics

Signs at Occupy Portland, November 9, 2011 © Another Believer | Wikimedia Commons

As I observed in my last post, I think that an OWS focus on debt, as Pamela Brown has been advocated, makes a lot of sense. We discussed this in the Wroclaw seminar. I continue to think about that discussion and how it relates to American electoral politics.

The issue of debt provides a way to keep focus on the frustration of the American Dream as it is part of the experience of many Americans, from the poor to the middle class to even the upper middle class. It is an issue of the concern of the 99%.

Yet, there are many activists in and theorists observing the movement who council against this, such as Jodi Dean. Debt is too individualized a problem. It would be better to focus on an issue of greater common, collective concern (e.g. the environment). The issue of debt is too closely connected to the right wing concern about deficits, and criticism of student debt can too easily become a criticism of higher education.

This presents a serious political problem. There is no broad agreement on debt as the central issue, and no leadership structure or decision making process which can decide on priorities. And of course, there are many other issues of contention. Primary among them, in my judgment, is the question of the relationship between OWS and American electoral politics.

It is here where the activists in OWS, like their new “new social movement” colleagues in Egypt and the Arab world more generally, are not prepared for practical politics. Coordinated strategy is beyond their capacity. One faction’s priority, debt or the reelection of President Obama, is not the concern of another’s, or even a position which it is forthrightly against. There are too many different positions within the movement for it to present a coherent sustained position. People with very different positions were able to join with each other and act politically thanks to the new media, but also thanks to that media, they were not required to work out their differences . . .

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Politics as an End in Itself: New Media and the Persistence of OWS

A member of Anonymous at the Occupy Wall Street protest in New York, Sept. 17, 2011 © David Shankbone | Wikimedia Commons

I am still jet-lagged, or is it a cold? I can’t tell. Whatever it is, I have not been up to par for the past few weeks. The trip to Europe, including visits with my daughter and her family in Paris and the seminar in Wroclaw, was more challenging than expected. Naomi, my wife and Deliberately Considered’s Art and Design Editor, and I slowed down in our posting. But now, we are back. I expect to regain my strength, and you, dear Deliberately Considered readers, can expect in the coming weeks more posts on Wroclaw and on American and global politics and culture. Here, today and tomorrow, my thoughts on OWS responding to the discussions at the Wroclaw seminar. -Jeff

The starting point of the Wroclaw Seminar was Occupy Wall Street. It then served as our primary case for comparative investigation throughout and informed our final conclusions. Seminar participants Pamela Brown and Sidney Rose suggested additional readings for the seminar when we focused on OWS — Rose on the link between Anonymous and OWS. She was particularly interested in the online pre-history of OWS. Brown, an Occupy activist, was focused on the present challenges and recent accomplishments of the movement.

Rose suggested a piece describing an embrace between Cornell West, the philosopher, social critic and activist, and Gregg Housh, a leading figure in the shadowy group, Anonymous, at an occupy demonstration in Boston. This informed our discussion about the virtual infrastructure that supported the embodied occupations. As we tried to understand what is special about the new “new social movements,” the interaction between virtual and the embodied was a topic we knew we needed to explore.

We discussed how events in the Middle East and North Africa, combined with virtual actions, led to Occupy Wall Street, and sparked a global social movement wildfire. Following the Arab Spring, OWS developed with an Adbusters initial proposal to occupy wall street on September 17, 2011 , supported by politicized hackers such as those associated with . . .

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The Metrics of Protest: Extreme Inequality and the Payoff to College Degrees

Changes in income shares, 1979 - 2007 © Paul Krugman | krugman.blogs.nytimes.com

Not so long ago, during the first several decades of the post-war era, the American dream of a broad and growing middle class was a significant reality. But since the 1970s the shape of the American distribution of income has steadily become more like an hourglass: as the middle has collapsed, large numbers of workers earn very low wages and at the other end of the scale, very few take home gigantic sums.

Figure 1 shows the extraordinary reallocation of national resources from the bottom 80 percent of the population to the top 1 percent, while those in between (81st-99th) have, as a group, shown no change in their share of total income.

FIGURE 1

Source: CBO Report “Trends in the Distribution of Household Income Between 1979 and 2007”

Not surprisingly, over the last three decades many households in the bottom 80 percent have faced sharp declines in their standard of living as the costs of health care, higher education, food and energy have risen far faster than the wage check. The result has been the accumulation of unprecedented levels of mortgage, credit card, and student debt.

I have argued that the roots of the economic crisis can be found in the shift in economic thinking and public policy toward free market fundamentalism in the 1970-80s, which fueled the rise in debt, financial instability, and extreme inequality. We’ve seen a toxic mix of financial deregulation, evisceration of protective labor market institutions (like collective bargaining and the minimum wage), a political system corrupted by campaign contributions, and an increasingly polarized education system that performs poorly for most of those in the 80 percent and terribly for the most disadvantaged communities.

But this is not at all the conventional wisdom. Rather, it has become widely accepted that the government is the root cause of the economic crisis of 2008-11 and the decline in living standards for the vast majority. The problem in this conservative vision is too much regulation, too much taxation, too much encouragement of home . . .

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