I haven’t been following the Occupy Wall Street protests very closely. The little that I’ve seen and read makes me think of it as a bunch of people who recognize some problems with crony corporatism, cannot stand wealth inequality, and have no ideas about where wealth comes from or how to address the problems. Mostly, they seem to like the idea of protesting, and making richer people suffer for poorer people. They want wealth separated from politics, and the political system to pay for all of their wants.
I think George Will captured my sense of the main problem best in this article.
Still, OWS’s defenders correctly say it represents progressivism’s spirit and intellect. Because it embraces spontaneity and deplores elitism, it eschews deliberation and leadership. Hence its agenda, beyond eliminating one of the seven deadly sins (avarice), is opaque. Its meta-theory is, however, clear: Washington is grotesquely corrupt and insufficiently powerful.
They’re abusing their power. It’s attracting lots of resources to try to control it…so let’s give them more power over more wealth.