Foreclosure is a national tragedy and a relentless drag on economic growth. Jobs can’t be created until demand increases, and demand won’t increase until consumers get out of debt, and housing is the biggest obstacle. If we had healthy institutions, the White House, both parties in Congress, the leaders of the biggest banks, and consumer groups would have sat down together and worked out a solution that keeps millions of people in their homes without wiping their debts completely clean. But we don’t, and so the history of the past few years has been written by Rick Santelli and Occupy Wall Street. George Packer – New Yorker
The big question that people who want to change things have to ask themselves over and over is “what is to be done”. That is the question that OWS must ask itself and answer quickly if it doesn’t want to peter out into irrelevance… something that would be tragic if it were to occur.
The role of OWS is pedagogical, it is about raising awareness, consciousness. This is the terrain of what is known as the “propaganda of the deed“. A practical, non-violent, American illustration of this would be the lunch counter sit-ins and freedom riders of the Civil Rights Movement, photogenic action which captured the attention of the media daily and soon the imagination and the “hearts and minds” of the American people. These acts were the thin wedge that opened up the conscience and the consciousness of Americans and changed the face of America.
In my opinion the tragedy of mass foreclosures and thousands upon thousands of Americans being evicted from their homes in the midst of the gravest economic crisis since the Great Depression is an issue that has the same transformational potential. Read the rest of this entry →