First, I will begin by stating that protests are nothing new. In fact, they have been a part of human society basically since their onset. The difference today is that the ability to protest is ingrained into our rights as citizens. No king or tyrant is going to have us executed for stating an opinion or organizing en mass to express dissent. Occupy Wall Street 2012 is nothing more than an expression of this. The masses coming out to make their opinions heard.
Motivation for this mass demonstration can be traced back to multiple sources. This discussion website I have found seems to summarize motives as being mostly an expression against greed and by extension wealth inequality. The economic meltdown of 2008 highlighted many holes in the unregulated banking system and issuing of sub prime rate mortgages and loans in the united states (ex. Working at McDonald's and receiving a $400,000 Mortgage you will never repay). As a result, many defaulted on their financial obligations when a fluctuation of interest rates occurred and thus causing a series of bankruptcies and the toppling of several "too big to fail" banking institutions (Freddy Mac, Fanny Mae and the Lehman Brothers to name a few). The underlying irritation to many here was how many of the bankers and decision makers of these firms seemed to get off relatively unharmed, whereas the bulk of the economic damage caused a ripple effect that is still being felt throughout our economy today.
The protests were organized and began in September 2011. With no clear leader or well defined mission, many (including myself) initially struggled to understand the primary goals of the protest. Looking back now, I can see where the motivation came from, but I am unable to discern if anything major has been accomplished. The world seems to same way now as it was before the protests, which leads me to conclude that perhaps the goal all along was merely to inform and increase awareness. If that truly were the goal, it has only celebrated a small victory. Awareness is no doubt a good thing, but I feel that without any societal change nothing major has occurred. This will only be highlighted in the next decade, as to whether another financial crisis is to occur by the same means. Personally, I feel that I would not have participated in the protests simply because of a lack of clear goals and means to accomplish them. I also only partially agree with the motivations. I agree with speaking out against corporate greed, but I feel that a certain degree of inequality is necessary for society to function.
The primary reason that the protests were able to organize, gain attention and continue for several months was through the medium of social media. Twitter, Facebook and other communication tools which were widely used to distribute information, actions and opinions. In addition to this, many media outlets had wide coverage of the movement, tracking events all around the world. These factors led to the increased popularity and continuation of the events.
Overall, I will conclude by summarizing what I feel are positive and negative outcomes from the Occupy Protests of 2011
Positives:
- Increased usage of social media to quickly organize and communicate across the globe.
- Bringing thousands of people together.
- Increasing awareness and speaking out in dissent against greed and exploitation.
Negatives:
- No defined goals or leader, making it difficult to gauge whether the event was a failure or success.
- No long lasting implications (law changes, justice and government recognition)
- Motivations were broad and sometimes muddled with extremism (Anarchistic and socialist/Marxist tones) making if difficult to find support across broad social groups in society.
Overall, the events are certainly a huge matter for discussion, but with many do not seem to resonate any real action or change. Implications from this event will be felt into the future, as occupy has no doubt shown how effective social media can be in bringing people together. A cynical joke I can remember from the time seems to summarize how I feel about the overall outcome of the protests:
Q: "How many occupy protesters does it take to change a light bulb?"
A: "None, because they would rather sit there and complain about how dark it is"
It was a significant event in name, but in physical change, seems to fall short.