The failure of this attempt suggests that despite all the harm caused by the rich in America, people still believe in the effectiveness of Capitalism. Which is why nothing will get better, EVER.
Drama queenery aside...
Or, perhaps that the people organising the protest didn't do a good enough job advertising it, given that no one on the board had even heard about it until after it happened. Protests like that don't just happen, they require communicating to a large number of angry people to be in one place at one time and don't happen if there are not people angrier with the status quo than they are scared of the police, and if the organisers don't mobilise them properly. I'm willing to bet more than 700 people are pretty pissed at Wall st right now, so number 2 is more likely. (I'm not saying it would have been a huge protest, just that for an issue like this 700 people is a pretty poor turnout, and better communication that it was happening would probably have resulted in a larger, if not more effective event)
Lord Zentei wrote:
Or, perhaps, people simply don't feel things are bad enough to warrant a revolution?
Crazy idea, I know.
Both these things.
On the one hand, the protest was badly organized- not publicized, so any idea of it becoming a truly mass scale event was out of the question. On the other, there are
a lot of Americans who genuinely do not see publically moving against Wall Street as the solution to their problems- yet.
I think this is likely to change over the next several years. Obama in 2008 took a lot of advantage of the general frustration of the left, and their willingness to rally behind someone who offers them a way to stop the decay of the system. He didn't deliver what people hoped for from him, granted, but that's somewhat beside my point.
It's going to get worse before it gets better, and because
it will get worse, we will see more and more people upset with the system, and increasingly convinced that rewarding Wall Street, tax cuts for millionaires, and welfare cuts for the unemployed are not
a winning combination. The Tea Party works, for now, largely because before this year it was not given a chance to show what it was capable of. It will be something of an albatross around the Republicans' necks in 2012, and it's only going to get worse as long as we stay at 10% unemployment, stagnating salaries, and rising costs of living.
Zentei, I'm not saying "Capitalism Is EVIL!" or anything here, but it's getting out of hand. Health insurance, high frequency stock trading, student loans, it's all gone from "I make a small profit by providing a useful service" to "I skim as much money as possible off the medical needs, pension funds, and educational ambitions of the middle class."
The problem is not "capitalism is evil." The problem is that the sheer volume of institutionalized greed and the veneration of greed-heads is choking us alive. It's not a healthy market anymore, even if it was some decades ago, because it's dominated by people who are simply too ruthless and too greedy to care that their efforts to secure a larger slice of the pie are going to destroy the pie as a whole. The health of the market cannot be secured by people operating within its constraints, and it is
not. Levels of people who can't afford health insurance, can't find jobs that permit them to raise a family under decent living conditions, can't realistically expect to retire on any income other than the state-run pension funds that for all they know won't even be there in twenty or forty years, all are rising.
And so much of this comes back to policy platforms which enshrine, for all practical purposes, greed. It's not sustainable, and more people are going to become discontented with it. It's unfortunate that it's going to have to get worse to make this happen. But that's what you get in this political environment, after this much time building up the notion that because capitalism has won the Cold War and we've reached the end of history, it's now safe to take the governor off the engine because we can get even more
success by doing exactly what we used to do, only harder.