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Andrew Ross Sorkin: Occupy Wall Street: A Frenzy That Fizzled (NYTimes.com)
Andrew Ross Sorkin: Occupy Wall Street: A Frenzy That Fizzled (NYTimes.com)
Has the debate over breaking up the banks that were too big to fail, save for a change of heart by the former chairman of Citigroup, Sanford I. Weill, really changed or picked up steam as a result of Occupy Wall Street? No. Have any new regulations for banks or businesses been enacted as a result of Occupy Wall Street? No. Has there been any new meaningful push to put Wall Street executives behind bars as a result of Occupy Wall Street? No. And even on the issues of economic inequality and upward mobility — perhaps Occupy Wall Street’s strongest themes — has the movement changed the debate over executive compensation or education reform? It is not even a close call.
·dealbook.nytimes.com·
Andrew Ross Sorkin: Occupy Wall Street: A Frenzy That Fizzled (NYTimes.com)
Rortybomb: Parsing the Data and Ideology of the We Are 99% Tumblr
Rortybomb: Parsing the Data and Ideology of the We Are 99% Tumblr
‘Upon reflection, it is very obvious where the problems are. There’s no universal health care to handle the randomness of poor health. There’s no free higher education to allow people to develop their skills outside the logic and relations of indentured servitude. Our bankruptcy code has been rewritten by the top 1% when instead, it needs to be a defense against their need to shove inequality-driven debt at populations. And finally, there’s no basic income guaranteed to each citizen to keep poverty and poor circumstances at bay. We have piecemeal, leaky versions of each of these in our current liberal social safety net. Having collated all these responses, I think completing these projects should be the ultimate goal of the 99%.’
·rortybomb.wordpress.com·
Rortybomb: Parsing the Data and Ideology of the We Are 99% Tumblr
Expert Labs: The Democracy Gap
Expert Labs: The Democracy Gap
‘The Democracy Gap is a great chasm between this “hearing and deliberative” part of government (what people like to call “Washington”), and the rest of human civilization, and activists — left, right, and orthogonal are beginning to figure this out, and it’s beginning to really tick them off. People are using the internet to become increasingly more organized, but at the same time are becoming more and more disconnected from the mechanics of power inside Washington. Moreover, as the volume of voices grows louder, “Washington” becomes more disconnected — unable to hear the best solutions from the cacophony of noise.’
·expertlabs.org·
Expert Labs: The Democracy Gap