Occupy Wall Street: The Media hires a consultant to explain.

Folks this is a good move by CNN.  This snippet from media theorist Douglas Rushkoff via CNN encapsulates the significance of the goings on in New York and elsewhere:

In fact, we are witnessing America’s first true Internet-era movement, which — unlike civil rights protests, labor marches, or even the Obama campaign — does not take its cue from a charismatic leader, express itself in bumper-sticker-length goals and understand itself as having a particular endpoint.

Yes, there are a wide array of complaints, demands, and goals from the Wall Street protesters: the collapsing environment, labor standards, housing policy, government corruption, World Bank lending practices, unemployment, increasing wealth disparity and so on. Different people have been affected by different aspects of the same system — and they believe they are symptoms of the same core problem.

Are they ready to articulate exactly what that problem is and how to address it? No, not yet. But neither are Congress or the president who, in thrall to corporate America and Wall Street, respectively, have consistently failed to engage in anything resembling a conversation as cogent as the many I witnessed as I strolled by Occupy Wall Street’s many teach-ins this morning. There were young people teaching one another about, among other things, how the economy works, about the disconnection of investment banking from the economy of goods and services, the history of centralized interest-bearing currency, the creation and growth of the derivatives industry, and about the Obama administration deciding to settle with, rather than investigate and prosecute the investment banking industry for housing fraud.

Anyone who says he has no idea what these folks are protesting is not being truthful. Whether we agree with them or not, we all know what they are upset about, and we all know that there are investment bankers working on Wall Street getting richer while things for most of the rest of us are getting tougher.

The entire piece is well worth reading.

sop

7 thoughts on “Occupy Wall Street: The Media hires a consultant to explain.

  1. Novelle Ecosse

    http://www.cbc.ca/video/#/News/1221258968/ID=2149

    This video is getting shared like wildfire across Canada tonight because it shows a journalist, Chris Hedges, standing up to a rich dude tv personality Kevin O'Leary whom attempts to speak for Corporate America and slam the wall street occupation. Hedges wins with a slam dunk.

    The media won't be ignoring this protest for long, groups are springing up in every community and the message is united – enough of the greed, enough of the 1%.

    Reply
    1. sop81_1

      That bald headed twit exemplifiies exactly what I'm talking about. Excellent link Novelle.

      Neo-Feudalism is the exact word that explains what is happening.

      sop

      Reply
  2. Sock Puppet

    Wow, that guy Hedges is a champ. That bald, smug, Canadian Sean Hannity took the beating of a lifetime. It was weird because for the first minute or so, Hedges could not get out of the blocks, but when he did, that O'Leary douche got his ass handed to him. I think I'm all in on these protests. Maybe a flight to JFK on Jet Blue early next week.

    Reply
  3. Novelle Ecosse

    Some background info, Kevin O'Leary is hired to appear on the CBC produced show "Dragon's Den" which in your country is called "Shark Tank". The premise being the rich guys who made it offer their cash and expertise to help those with a business idea or venture. O'Leary plays the schmuck who ridicules people for not agreeing with him that money is king and if it doesn't make money, screw it. He was no match for Chris Hedges on that score.

    Reply

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