COMMENTARY
I believe it is difficult to write about Occupy Wall Street (OWS), and also difficult to understand OWS unless one adopts a very broad view in terms of time, place and relevant issues.

I see a huge problem in the performance of US and global leadership in the past 40 years ... leadership in every sector, not just in political leadership. I am an accountant by professional training, and skilled at 'following the money', and it is quite disgusting how money is used for all sorts of self-serving activities at the expense of the intended legitimate use of money. I am fully aware of the scale of corruption in modern business and society

As a world, we are not short of innovation ... science and technology are a million times more powerful than when I started my career, but the society I live in is has progressed rather little during this same time. The incremental surplus derived from more productivity has gone solely to the investor class and the labor class has lost ground in the USA while gaining rather modestly in some big emerging markets.

Bottom line is that the people in the OWS movement understand something is terribly wrong, and are being asked for specifics of what they demand. There is no one answer for this question ... there are thousands of things that need to be fixed. There is a systemic problem ... and the system has thousands of elements.

The capitalist market economy is efficient at allocating resources to maximize profit. Sometimes it gets things wrong (2007-2008) but it is undoubtedly a better system than Communism and a Gosplan.style economy. But the capitalist market economy has to fail in due course as innovation in technology enables profit from production with only minimal use of labor. In the end aggregate demand disappears together with the profits ... and poverty become ubiquitous ... money becomes valueless. ... the system implodes. The modern global economy is on this track.

I argue for a value market economy where the first goal of economic activity is to satisfy needs. A high performance economy satisfies needs with the lowest use of resources ... and then goes on to use economic activity to satisfy wants and beyond.

The key here is value and market ... socialism tends to try to have the government as the mechanism, to satisfy needs. Better this is a market mechanism, but only possible when there are capital markets that embrace value in a social business rather than only profit as in a typical for profit business.

'If you change the way the game is scored, you change the way the game is played'

Imagine a world where economic activity is all about valueadd rather than profit ... where progress is about better quality of life rather than more and more GDP growth ... where green is about the ecosystem and the environment and not merely about money.

These are concepts that are compatible with OWS ... and at the same time these ideas should be in the center of academic dialog in departments of economics and in business schools around the country. The professions should be thinking along these lines ... accountants, lawyers, bankers, doctors, economists, technologists, scientists, military, others. As far as I know this is not happening yet in the mainstream establishment ... but it is starting to happen in OWS.

The Mayors around the country have tried to 'clean up' the OWS encampments using the police and sanitation workers to remove tents, trash books and OWS has been forced to move ... but the big question remains what to do with the ideas ... what to do to address the very real issues that have propelled OWS and Wisconsin in the USA, and all sorts of other protest movements around the World from Tunisia, to Egypt, to Libya, to Yemen, to Syria, to Chile, to Greece, to Spain, to Russia, etc

Leadership is not helped any by the journalism profession and the media that also seems to 'not get it' ... or if they do, have chosen to reflect views that more suit investor owners and advertisers than thoughtful independent editors.

Exciting times ... important times. Change is in the air. So much potential, and so much intellectual lethargy!
Peter Burgess

OWS Anatomized

It turns out not to be the Tea Party.

It has been obvious from the outset that Occupy Wall Street’s “cause” is an impossible one to address, for, in marked contrast to the majority of tribulations that have historically led to tumult, there is nothing that the authorities can do to assuage the animus. Generously stated, OWS’s complaints are as follows: that society is economically unequal and that this a problem, that the banks were bailed out in 2008 at the expense of the general public, that the Citizens United Supreme Court case has entrenched the pernicious involvement of money in a system that it ruthlessly corrupts, and that relentless deregulation has allowed the financial sector and other corporations to prey on the innocent with impunity. There are a host of other vexations, but push any one of the “quasi-autonomous participants” for details and you will be presented primarily with this quartet.

The problem, however, is that this surface message, cleverly backed up with the canny but fatuous “99%” slogan, is an illusion, a red herring employed in a cynical attempt to press more mainstream public unease into the service of a worldview that remains very much on the fringe. Even were all of OWS’s gripes to be resolved firmly in their favor, the displeased would not suddenly consider America pure; by and large, the types who have occupied Zuccotti and other parks across the nation consider the United States to be an intractably racist, imperialist, unequal nation, which boasts an invidious history whose alleged crimes can be seen populating the pages of Howard Zinn’s books. A few tweaks around the edges are not likely to mollify the crowd. On the contrary, as a new report concludes, “while their rhetoric might decry crony capitalism or bank bailouts, their values reveal self-centered and fear-based motivations,” and a deep hostility to capitalism and American values of individualism and limited government is thrown in for good measure.

The report, Shortselling America, reveals that, below the surface, there is a lot more going on than meets the eye, and most of it has very little to do with “social justice.” Its author, Frontier Lab takes an interesting approach, applying techniques of market research to political science. The group’s aim is to move away from the short-term model employed by political pollsters — which, although valuable, essentially provides just a fleeting snapshot — and instead to conduct a more thorough assessment of participants’ values. From these data, they then seek to predict future behavior. An example: Surface-level polling will see consumers tell us that the reason they buy a particular dish soap is because it is green, or cheap, or conveniently sized. But research shows the deeper truth is that, overwhelmingly, people buy the same brand as their mother did. (Nobody will write that on a survey.)

What did Frontier Lab discover? First, that many of the rank-and-file occupiers feel isolated in their lives, and appear to lack basic community ties such as are provided by participation in clubs, churches, and strong families. Indeed, much of the report could have come from the early chapters of Robert Putnam’s Bowling Alone. They thus attach to their political causes with something like a religious fervor. For many, a commitment to “social justice” is “not the end, but rather a means to an inflated sense of self and purpose in their own lives.” Crucially, involvement with others who agree with them provides an “overwhelming feeling of being part of a family.” I noticed this on my first trip down to Zuccotti Park, when I saw a telling sign adorning the entrance to the tent city: “For the first time in my life, I feel at home.” On subsequent visits I was struck by the importance of the commune to the project. As much as anything else, vast swathes of occupiers were simply looking for a new club. This group, Frontier Lab dubs the “Communitarians.”

The second group, which to all intents and purposes forms the leadership, is less existentially lost, and derives its fulfillment from the “prestige,” “validation,” and “control” afforded by the movement’s coverage in the media. Frontier Lab calls this group the “Professionals.” Its members fill the ranks of the professional Left and boast long histories of attending and organizing protests. For them, indignation is quotidian, “community action” is a career, and they feel “validated by the fame and attention” and “rewarded for their life choices.” Unlike the Communitarians, the Professionals actually want tangible change, or a “win,” but politics is still playing second fiddle to self. There is nothing spontaneous or organic about the movements they lead. They are waiting for the revolution and hope to be in its vanguard. Their careers depend upon it.

Given this deeper analysis, one would be forgiven for wondering what any of this actually has to do with politics, at least beyond the superficial. The answer is both nothing and everything. Here, how Occupy compares to another group studied by Frontier Lab, the Tea Party, is instructive. As might be expected, both movements have deeper motivations than those they reflexively claim, but their nature could not be more different. Occupy Wall Street is for the most part self-interested and self-aggrandizing. When concerned with policies at all, its adherents are predominantly concerned with “security” worries that relate directly to themselves. They do not seem overly concerned with future generations or with America at large. OWS’s ranks are full of people vexed that their situation is not better, and convinced that government — or anyone, really — should step in and help. Many are there for the ride, others for professional reasons, but the Civil Rights movement this is not.

The Tea Party, conversely, appears to derive its enthusiasm from a sense of responsibility to others and is primarily working for the children and grandchildren of those involved. In the main, its members are not veterans of political protest, nor do they need to be involved to satisfy their souls. Tea partiers seem concerned with preventing fundamental change to the United States in order to bequeath to others a nation they love, not to gain for themselves. When was the last time you saw a tea partier stand up and say, “I’m unemployed, and . . . ” or “I have college debt, and . . . ”? (In Zuccotti Park, this was the default formulation.)

So, what can be done? While the report unhappily concludes that “the Occupy path directly opposes fundamental American values of freedom, equality of opportunity, and individual responsibility,” Anne Sorock of Frontier Lab does not consider the occupiers a lost cause, at least not the Communitarian strand. “It is important not to write them off,” she told me. It is true that “they do not resonate to words such as ‘freedom’ or to abstract notions of individualism,” nor are they likely to be convinced by argument about the issues. But, “given what we consider to be the root of the problem, they can be addressed,” firstly, by tackling the lack of social involvement, and secondly by demonstrating how freedom can work for them.

My experience with Occupy was anecdotal, and my observations came from speaking with those involved and watching their behavior. It didn’t take much to see that the disdain felt toward the United States was deep-seated, easily transcending the two or three problems that OWS picked to explain its presence. The disconnect between the alleged gripes and the reality means that there is very little that government can do to change the minds of the occupiers, save for dissolving itself and allowing them to recast the dye. But, if Frontier Lab is correct, perhaps we can: By continuing to demonstrate the virtues of the American model for all people, and providing an alternative community for those who feel disconnected, we can turn the attentions and efforts of those who would undo our way of life to something altogether more positive.

— Charles C. W. Cooke is an ed