The Occupy Wall Street Movement, which began on 17th September 2011 at Liberty Square in Manhattan’s Financial District, has spread rapidly across the world. What began as a random NYC protest by some youngsters who have been choked to death (not literally obviously!) by poor socioeconomic infrastructure is currently a movement accumulating a lot of media heat and international gossip. Amazingly these protesters are not the usual politically motivated spoiled brats trying to seek some attention to their cause but are hard-core middle and low-class citizens who have a lot of hurdles to pass through. They have named themselves ‘the 99%’, calling the Wall-Street predators and other famous CEOs ‘the 1%’. Though I am not actually sure how the protesters mourned over the death of a billionaire CEO like Steve Jobs. Maybe it is because Jobs was the one to initiate this revolution of giving the public whatever it is they desired through his unique products like the IPAD and the IPhone which the protesters are constantly using to reorganize, develop, recruit and bring everything under one roof.
However the 99% movement does have a lot of significance. Lately, America as a nation has been going overboard on its capitalist policies. The policies, designed by politicians who are funded for their agendas by various interest groups, are more or less designed to make the rich get richer and the poor to become poorer. Whether it is inflation or recession the wealthy have nothing to worry about, since if their expenses increase their incomes also rise, but the consumers from the middle and low-income backgrounds go through a lot to pay for their increased expenses while simultaneously maintaining their basic (and expensive!) amenities like health security, rent, food etc.
This disparity in income has been demonstrated by the graph above which was published in the economist on Oct 26th 2011. According to the aforementioned graph, in the past 30 years the incomes of the so-called 99% have risen by around 45% whereas that of the 1% have increased (or coerced to increased perhaps) by around 300% !! Imagine that, the ones who hardly need any more have had their salaries increased by around 10 times more than the ones who are in dire need of pay-rises! In the US alone, in the past 10 years (2000-2010) the total inflation rates have been 27.38%. I could not find the data for the past 30 years but as you can realize from the available data the rates have got to be really high—-even the pay-rises to the 99% would not have been able to mitigate their increased expenses. Thanks a lot to the liberal economic policies of the most powerful economy of the globe that the rich dwell blissfully undertaking philanthropic stances in front of the public while at the same time behind the public they are robbing the poor from their basic rights. The poor, on the other hand, toil hard to bring food to the table and strive to live their lives through heart-attacks and other stress-related diseases.
With the likes of billionaire CEOs like Warren Buffet, Carlos Slim, Bill Gates, the New York City Mayor Michael R. Bloomberg and the Indian Ambanis dominating the world market, the world in the past three decades has had rapid lapses in income distribution. Not only have the youngsters had to fight through overwhelming inflation rates ever since their birth, when they finally emerged out in the world with the degrees and all they have had to confront themselves with the fact that the promised jobs were never going to be there. And moreover with the frequent recessions the graduates were pushed to dead ends and thus the final result is an outbreak of revolt against all those apparently responsible for controlling the entire world economy.
However the best part of this movement is that it has no leader. Everyone involved is a leader, because after all this is the 99%. The movement cannot be controlled by a handful few like the manipulators of the world economy, which can now be classified as an oligopoly. All the protesters are fighting for their rights, regardless of castes, creeds, religions or nationalities. They only need a better future for themselves and their future generations. And to achieve their objectives they have taken up placards in thousands of cities across the globe and invested their time in rallies and demonstrations. I do hope and think that their time and energy will bear fruit. The desired changes all across the world will definitely be there at last.
A point to be noted here is that although the mob may be extremely gullible and short-sighted—-qualities which all the politicians have, are and will always be exploiting to achieve their lofty ambitions——they have successfully demonstrated the meaning of teamwork, discipline and pacifism. They have credited the Arab Spring as their inspiration for trying to create a change and although the American politicos have been more than supportive during the Middle-Eastern revolution it now seems that they are not at all happy with the new revolution in their own land. After all their seats are at stake here. Just goes on to show how pretentious politicians always are. In fact, pointing at the billionaire NYC Mayor who, being a foe, is also trying his best to squeeze the movement, a protester has recently remarked: “as a billionaire, he’s under constant temptation to squelch protest” . The media is not being very helpful either. It is evident from their tone and use of language that they firmly disapprove this protest for better democratic countries. Obviously, all these newspapers, television channels, studios are owned by the signature 1% only so it is just natural that they will not be very helpful to the cause.
As an ending note I should like to define ‘democracy’ properly. The word democracy is said to have originated sometime during 1525-1535 from the Greek dēmokratía, which means a popular government. My grade 7 History teacher always insisted that it means ‘of the people, by the people, for the people’. And since the past few decades the so-called democratic countries haven’t at all behaved democratically. Tax cuts were imposed to favor only the wealthy and to choke the poor. International policies were developed for the money-making and business-minded communities and most importantly the general public, who were under the impression that they were living in a democratic country were fooled by the politicians and corporate leaders by taking advantage of their innocence. The true spirit of democracy was violated by the very people who were supposed to protect its sanctity. A valid example is Asif Ali Zardari, President of Pakistan which is a democracy at the time of writing this article, who despite being a billionaire does not pay a penny in tax.
Therefore I urge everyone to defend what is truly yours. Politicians and other sociopaths must be made aware of the fact that the voters nowadays are no longer illiterate and guided by illusion. They must not try to elude the public any more. And we, the youngsters must now get rid of our laidback nature and stand for our rightful positions because “the only solution is World Revolution” (the slogan for the Occupy Wall Street Movement).
- Phil Cooke, Ph.D.: Occupy Wall Street: Is It a Good Strategy? (huffingtonpost.com)
- Cynthia Kounaris: Pro Occupy Wall Street; Against a 2-Tiered Society (huffingtonpost.com)
- Opinion roundup: What has the Occupy movement accomplished? (cbc.ca)