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Movements that may appear to us in retrospect as a unified set of
events are, in fact, irregular and scattered. Only afterwards do we see
the underlying common institutional causes and movement passions that
mark these events so we can name them, as the abolitionist movement, for
example, or the labor movement or the civil rights movement. I think
Occupy is likely to unfold in a similar way.
And it will not subside quickly. Like earlier great movements that changed the course of American history, Occupy is fueled by deep institutional lacunae and inconsistencies. The mainly young people who are Occupy represent a generation coming of age in societies marked by an increasingly predatory and criminal financial capitalism that has created mass indebtness and economic insecurity.
At the same time, the policies that once softened the impact of economic change (which some commentators once thought were necessary for the "legitimation" of capitalism) are being rolled back.
Think of the bitter pill of the broken promises to young people who were told that education was the route to security and prosperity and who now graduate to unemployment and huge debts. And this is occurring in the context of amazing revelations of the corruption of always-flawed American electoral procedures.
Then, there is the looming threat of ecological disasters that threaten the future of the planet itself. These conditions reflect deep institutional problems: they are not likely to be solved or even much softened very quickly, and so long as they persist, they will fuel the protests that are an extension and continuation of Occupy, whether we give them that name or not.
Continue reading here.
And it will not subside quickly. Like earlier great movements that changed the course of American history, Occupy is fueled by deep institutional lacunae and inconsistencies. The mainly young people who are Occupy represent a generation coming of age in societies marked by an increasingly predatory and criminal financial capitalism that has created mass indebtness and economic insecurity.
At the same time, the policies that once softened the impact of economic change (which some commentators once thought were necessary for the "legitimation" of capitalism) are being rolled back.
Think of the bitter pill of the broken promises to young people who were told that education was the route to security and prosperity and who now graduate to unemployment and huge debts. And this is occurring in the context of amazing revelations of the corruption of always-flawed American electoral procedures.
Then, there is the looming threat of ecological disasters that threaten the future of the planet itself. These conditions reflect deep institutional problems: they are not likely to be solved or even much softened very quickly, and so long as they persist, they will fuel the protests that are an extension and continuation of Occupy, whether we give them that name or not.
Continue reading here.
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