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Alexander Cockburn
Alexander Cockburn
25 May 2012
Brave New World, Brave New Majority

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18 May 2012
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11 May 2012
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America's Crisis -- Has Anyone Got the Slightest Idea What to Do?

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Just over a year from now, Americans will be deciding whether to re-elect President Barack Obama or ... probably Mitt Romney. In the latter case, this is to assume that Mitt, a Mormon and a family man, doesn't, like one of his rivals for the Republican nomination — Herman Cain — get caught up in the dreadful minefield known as "charges of sexual harassment." Study recent photographs of the broken Frenchman named Dominique Strauss-Kahn if you want to be reminded of what such charges can do to a candidate for high office.

Do any of the present candidates, Obama included, offer an answer to America's dreadful situation — a crisis caused by 40 years of neo-liberal onslaught? They do not because there is no answer available within the terms and boundaries of the present system.

The middle class has — at least two-thirds of it — crashed into penury. Americans' store of value and savings — the house — is worthless; social safety nets have eroded; students emerge from higher education crushed by debt. Thirty million Americans are without work or are working part-time. Nearly 6 million manufacturing jobs in the United States have disappeared since 2000, and more than 40,000 factories have closed. African-Americans have endured the greatest loss in collective assets in their history. Hispanics have seen their net worth drop by two-thirds. Millions of whites have been pitchforked into poverty and desperation.

This is the mulch that has created the Occupy Wall Street movement. Its strength lies in the simplicity and truth of its basic message: The few are rich; the many are poor. In terms of its pretensions, the capitalist system has failed.

But for all its simplicity and truth, how much staying power does the OWS message have as presently deployed? In terms of its powers of repression, the system has not failed. To date, the OWS movement has not even confronted the moneyed elite with a threat on the scale of the 1999 protests in Seattle.

Indeed, right now everyone loves OWS. The London Financial Times ran an editorial in favor of it. But in the end, to reform finance capital you have to offend people and institutions, including the Financial Times.

Writing these lines at the start of November, after digesting the daily reports from the national OWS battlefield (Zuccotti

Park in Manhattan, Oscar Grant Plaza in Oakland and similar venues across the country Austin, Philadelphia, Atlanta, Nashville, Portland etc.), my eyes flicker across the world map to Greece, and my heart beats a lot faster. Now there surely we can savor the whiff of a pre-revolutionary situation!

I've no doubt that if, by chance, the left in Greece today evicts the local political agents of the international banks, it won't be long before a NATO intervention, covert and then overt, is under way, using the usual arsenal of assassination, drone attacks and armed support for whatever security forces do not defect to the left.

Sixty-six years after the defeat of Hitler and 40 years on from the neo-liberal capitalist counterattack that ratcheted up its tempo in the early '70s, the premises of the system are under fearsome pressure. They are being powerfully evoked by demonstrations from Athens to Oakland.

Having briefly tasted batons and pepper spray, OWS-ers should know that when the capital feels it is being pushed to the wall, it will stop at nothing to crush any serious challenge. The cop puts away his smile. The indulgent mayor imposes a curfew. "Exemplary" sentences are handed down. The prisons fill up. Nationwide, organized resistance can only defeat organized repression. How to mount this, is the OWS-ers' urgent and immediate challenge. In Oakland, on Wednesday, OWS staged a rally calling for a General Strike. That's at least thinking along the right lines.

Alexander Cockburn is co-editor with Jeffrey St. Clair of the muckraking newsletter CounterPunch. He is also co-author of the new book "Dime's Worth of Difference: Beyond the Lesser of Two Evils," available through www.counterpunch.com. To find out more about Alexander Cockburn and read features by other columnists and cartoonists, visit the Creators Syndicate Web page at www.creators.com.

COPYRIGHT 2011 CREATORS.COM


Comments

5 Comments | Post Comment
First, no one has defined what "capitalism" is, so no one can say that it has failed. What we call "capitalism" is the worst of fascism, in which government and corporations are aligned against taxpayers. True "capitalism" is about the individual using the wealth between her ears (her "caput," from the Latin for "head.") to generate income.
The Occupy Wall Street crowd doesn't have "leaders" because it is comprised of individuals with different agendas, but the common agenda is they are tired of the massive, planetary rape by government and corporations that is being perpetrated at taxpayer expense.
The easiest way to arrest this is for individuals to call for a wide scale selloff of stocks and bonds, cashing in 401-Ks, and using the money to get out of personal debt. These days, you will get more return on investment by reducing debt interest than by investing in savings. Despite what the "experts" say, it does not pay to save money these days. Tangible assets that are useful and hold value, like tools, are by far the better investments.
Comment: #1
Posted by: Katharine C. Otto, MD
Thu Nov 3, 2011 2:50 PM
President Cheney trashed the USA very badly

Poser in chief and sellout Obama literally continuned the stupidity unabated
What a fraud

I hope Hillary loves America enough to challenge Obama as she will win
otherwise the brand broken republicans will take all

me I like Ron Paul

Peace out
Comment: #2
Posted by: Soothsayer
Thu Nov 3, 2011 2:55 PM
First, no one has defined "capitalism", so no one can claim that it has failed. What we call "capitalism" is de facto fascism, in which government and corporations are aligned against individual taxpayers. In its fundamental sense, "capitalism" is about individuals using their "caputs" (Latin word for "head") and the wealth between their ears, to generate income.

The Occupy Wall Street crowd is composed of individuals who have no designated "leaders," for good reason. They have different individual agendas but the common knowledge that the US government and corporations are raping the planet as fast as they can get away with it, at taxpayer expense.

The Occupy Wall Street group will learn how powerful it is when it realizes it can call for a massive selloff of stocks and bonds, cashing in 401-Ks, and paying off personal debt.
Comment: #3
Posted by: Katharine C. Otto, MD
Thu Nov 3, 2011 3:21 PM
Excellent article. It seems that the world is building to a climax. Seven billion people. The most insulting thing heard is the constant "I worked for it" routine of the rich. Hogwash. They stole it, pure and simple. Most have probably not worked a day in their lives. Two areas completely ignored are the universities (huge, hidden funds? outragious professor salaries? Where are these 10,000 tuitions going? $150 textbooks? Who is investigating these pathetic, criminal enterprises called universities?), and real estate. As I often say, "When credit enters a system, there is no free market." Who has investigated the people who owned the land in all the major cities where the ugly houses were built for the past twenty years? They are the ones who escaped with the money. Here, have your dump back, and hand forth a refund. Just give it to the bank, it's their money. The bigger issue is this: the royal families of Europe hated the entire concept of the United States from the beginning. Peasants to govern themselves? Please, don't make me laugh. So, now those royal families have their day. Or, the Communists win. "Ha, ha, we told you it could not work."
Comment: #4
Posted by: Mike Hayne
Thu Nov 3, 2011 10:51 PM
Re: Katharine C. Otto, MD
I'm pretty sure the etymology of capitalism comes from the late Latin term for stock, which is the same thing that you are suggesting people get rid of. Etymology Online agrees with me "The financial sense (1610s) is from L.L. capitale "stock, property," neut. of capitalis."
Comment: #5
Posted by: Clucri
Fri Nov 4, 2011 7:30 AM
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