Slideshows For Good: Henry Blodget Perfectly Illustrates Frustration Fueling Occupy Wall Street
by Alex Alvarez | 10:02 am, October 13th, 2011
Business Insider’s Henry Blodget has a wonderful post up explaining what, exactly, those participating in Occupy Wall Street are protesting and what it is that they’d like done. Being able to point to a legitimate, official gripe or list of gripes has been challenging because, while many in politics and within the media point to Occupy Wall Street’s lack of central message as a negative, those involved in the protests itself have deliberately balked at setting out just one mission statement to rigidly define the movement.
That said, listening closely to (some of the more serious) dialogue being created as a result of the protests shows that there are indeed certain issues that keep cropping up. Blodget summarizes them thusly:
The problem in a nutshell is this: Inequality in this country has hit a level that has been seen only once in the nation’s history, and unemployment has reached a level that has been seen only once since the Great Depression. And, at the same time, corporate profits are at a record high.
In other words, in the never-ending tug-of-war between “labor” and “capital,” there has rarely—if ever—been a time when “capital” was so clearly winning.
http://www.mediaite.com/online/slideshows-for-good-henry-blodget-perfectly-illustrates-frustration-fueling-occupy-wall-street/