Three months into the Occupy Wall Street movement, protesters took their message uptown in a march that surprised the police and many Christmas shoppers, but helped explain what the economic crisis means to average people, writes Danny Schechter.
The world’s financial system continues to teeter near a very nasty brink, with the United States and Europe disagreeing about how to pull back from the edge. Danny Shechter sees crisis, crisis, everywhere.
Some of our special stories in November explored the meaning of the Occupy Wall Street protests, examined the new case for heightened tensions with Iran, explained some lost history of Richard Nixon and J. Edgar Hoover, and more.
In the same Kansas town where Teddy Roosevelt castigated his era’s financial speculators 101 years ago, President Barack Obama spoke to the concerns of America’s 99 percent, those who have struggled while the super-rich prospered. But is Obama’s new rhetoric just talk, asks Danny Schechter.
Despite a lack of policy prescriptions, Occupy Wall Street dramatized the crisis of income inequality in America. Now, Danny Schechter says the challenge for the movement is to expand on that message with outreach to the broader national population.
As the United States has de-industrialized over the past several decades, an illusion of prosperity was maintained by rampant consumerism fueled by easy credit and bubble economies. Now U.S. businesses are hoping for another fix from shoppers rushing to the malls, as Danny Schechter writes.
Facts and the written word have long been enemies of injustice, as they are now with critiques that the economic game is rigged to concentrate money and power at the top. So, it was no surprise when the New York police raid on Occupy Wall Street trashed the “People’s Library,” Danny Schechter reports.
Driven from its iconic encampment in Lower Manhattan, the Occupy Wall Street movement struggled to recover its political footing – and find a new geographical center – but its success in changing America’s economic discussion can’t be doubted, says Danny Schechter.
Occupy Wall Street and related protests around the United States enjoyed surprising success in getting across a powerful message about economic inequality in America. But now the movement is at a crossroads both internally and externally, as Danny Schechter explains.
Occupy Wall Street has succeeded far beyond its early dreams, but the protests face challenges, from the coming winter to troublemakers acting to discredit the movement. But Danny Schechter notes that changing a well-entrenched status quo is never easy.