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Occupy Wall Street Updates

corporations not people

Since their first issue in December 2011, Tidal has made it their practice to give name to our struggle, wrestling with the big ideas that propel us into the streets, with what we should do when we get there, and with where there in fact is.

This Friday, the folks at Occupy Theory will release their fourth issue of the magazine, featuring original pieces by organizers of Occupy Wall Street, Occupy Sandy, Strike Debt and Free University. Join them that night for conversation as we move together towards the empowerment that greater clarity and the free exchange of ideas can bring.

-- from the ‘Your Inbox: Occupied’ team

Occupy in the News

Jenna Pope documented last Sunday’s Forward on Climate Rally. Beautiful sights--the vistas of activists in D.C. to make their voices heard about climate change--beautifully captured.

Kevin Gosztola writes at FireDogLake’s The Dissenter blog about the recent history of climate change actions and points out just how high the stakes are. Our only hope to defeat the monstrosity of the Keystone XL Pipeline is continued, passionate action, that is to say, “...if everyone demonstrating channeled the spirit of the Occupy movement...”

Les Leopold of the Huffington Post explains why “the raison d’etre for Occupy Wall Street is proving correct. Much of high finance is based on a ‘corrupt business plan.’” Proof of Wall Street’s corruption continues to mount, with ratings agencies on the take, money laundered for drug cartels, and rampant insider trading, among many other ethical and moral malignancies.

On occupywallstreet.net Heather Marsh argues for a society with no financial system at all, a currency-free system in which the endless cycle of excessive consumption and meaningless busywork is ended. The proof that this could work already exists. “With no financial incentives,” Marsh says, “the internet has managed to create collaborative efforts which have pushed the potential of society far beyond what could have been possible before the internet.”

On the OWS Direct Action Blog, Mark Adams gives us the push we need to meet, to talk, to plan for spring.

Revisit Liberty Plaza in full swing in Why We Occupy, an open-source book of interviews gathered in the park in 2011. See the park grow and change in real-time through the heartfelt words of the participants.

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Occupy: Rockefeller Foundation Panel Discussions Compilation

In 2008, the United States economy experienced a nearly unprecedented crisis, due to a perfect storm involving banking deregulation, complex derivatives, financial mismanagement, and larger systemic causes, including an inadequate educational system. Three years later, people rose up in protest—an organic national movement called Occupy Wall Street, its members chanting "we are the 99%" and saying that our system was broken, gamed by the wealthy and powerful.

The movement brought an entire nation's frustration with a runaway banking and financial sector, student debt, and unequal educational opportunities to the forefront of public debate. And thoughtful institutions responded, investing time and money to look into the phenomenon. On April 17th and 18th of 2012, the Rockefeller Foundation funded two panel discussions to address these urgent questions. The panels were sponsored by the New School and were held at the Peterson Institute for International Economics in Washington, DC, and the New York Society for Ethical Culture. Moderator John Cassidy of The New Yorker perhaps summed up the issues best when he noted that the 1960s and 1970s had discredited the idea of an all-efficient government, and the 90s and zeros had done a very good job of discrediting the idea of an all-efficient market. "What's to replace both of those ideologies?" Cassidy asked. "That remains to be seen--Occupy Wall Street is obviously a part of the discussion."

Panelists included, among others, Nobel Prize-winning economist Robert Solow; Pulitzer Prize-winning financial journalist David Cay Johnston; world-class international economists Jeffrey Sachs, Raghu Rajan, Carmen Reinhart, and Robin Wells; the Financial Times's Martin Wolf, and Bethany McLean of Vanity Fair.

Both panels grew out of The Occupy Handbook, a compendium of articles, edited by Janet Byrne, featuring leading economists and others on the causes and implications of the Occupy movement. This video features selections from the two panel discussions as well as public remarks by contributors to the Handbook.