Browsing the archives for the Economy category.

First Official Statement from Occupy Wall Street #OWS

Basic Propositions, Context, Current Condition, Economy, Environment, Ethics, Politics, Race/Racism

First Official Statement from Occupy Wall Street. This was unanimously voted on by all members of Occupy Wall Street last night, around 8pm, Sept 29. It is our first official document for release. We have three more underway, that will likely be released in the upcoming days: 1) A declaration of demands. 2) Principles of Solidarity 3) Documentation on how to form your own Direct Democracy Occupation Group. This is a living document. you can receive an official press copy of the latest version by emailing c2anycga@gmail.com.

Declaration of the Occupation of New York City

As we gather together in solidarity to express a feeling of mass injustice, we must not lose sight of what brought us together. We write so that all people who feel wronged by the corporate forces of the world can know that we are your allies.

As one people, united, we acknowledge the reality: that the future of the human race requires the cooperation of its members; that our system must protect our rights, and upon corruption of that system, it is up to the individuals to protect their own rights, and those of their neighbors; that a democratic government derives its just power from the people, but corporations do not seek consent to extract wealth from the people and the Earth; and that no true democracy is attainable when the process is determined by economic power. We come to you at a time when corporations, which place profit over people, self-interest over justice, and oppression over equality, run our governments. We have peaceably assembled here, as is our right, to let these facts be known.

They have taken our houses through an illegal foreclosure process, despite not having the original mortgage.

They have taken bailouts from taxpayers with impunity, and continue to give Executives exorbitant bonuses.

They have perpetuated inequality and discrimination in the workplace based on age, the color of one’s skin, sex, gender identity and sexual orientation.

They have poisoned the food supply through negligence, and undermined the farming system through monopolization.

They have profited off of the torture, confinement, and cruel treatment of countless nonhuman animals, and actively hide these practices.

They have continuously sought to strip employees of the right to negotiate for better pay and safer working conditions.

They have held students hostage with tens of thousands of dollars of debt on education, which is itself a human right.

They have consistently outsourced labor and used that outsourcing as leverage to cut workers’ healthcare and pay.

They have influenced the courts to achieve the same rights as people, with none of the culpability or responsibility.

They have spent millions of dollars on legal teams that look for ways to get them out of contracts in regards to health insurance.

They have sold our privacy as a commodity.

They have used the military and police force to prevent freedom of the press.

They have deliberately declined to recall faulty products endangering lives in pursuit of profit.

They determine economic policy, despite the catastrophic failures their policies have produced and continue to produce.

They have donated large sums of money to politicians supposed to be regulating them.

They continue to block alternate forms of energy to keep us dependent on oil.

They continue to block generic forms of medicine that could save people’s lives in order to protect investments that have already turned a substantive profit.

They have purposely covered up oil spills, accidents, faulty bookkeeping, and inactive ingredients in pursuit of profit.

They purposefully keep people misinformed and fearful through their control of the media.

They have accepted private contracts to murder prisoners even when presented with serious doubts about their guilt.

They have perpetuated colonialism at home and abroad.

They have participated in the torture and murder of innocent civilians overseas.

They continue to create weapons of mass destruction in order to receive government contracts.*

To the people of the world, We, the New York City General Assembly occupying Wall Street in Liberty Square, urge you to assert your power.

Exercise your right to peaceably assemble; occupy public space; create a process to address the problems we face, and generate solutions accessible to everyone.

To all communities that take action and form groups in the spirit of direct democracy, we offer support, documentation, and all of the resources at our disposal.

Join us and make your voices heard!

*These grievances are not all-inclusive.

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Creation Update: Sunday, February 20, 2011

Current Condition, Economy, Foundations

In lieu of the scheduled order of service for last Sunday, we had a remarkable conversation on the Current Condition: Politics, Public Policy, US and World Economy, Society and Culture. The schedule of topics for upcoming weeks has been revised.

February 27th – Generosity in the Aspect of Existence
March 6th – Otherness: Marginalization
                  (includes additional material on Islam and Atheism)
March 13th – New Communication: Twitter, Facebook, SMS and Language
March 20th – Intentionality

The message schedule is a flexible and synthetic matter: we made it up and we can change it. I love it when people make requests for particular topics into which they are inquiring.

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Freedom

Basic Propositions, Context, Current Condition, Economy, History, Politics

This Sunday, we inquired into slavery and Freedom. We distinguished emancipation from the possibility of Freedom, in the extraordinary sense. We find that there are aspects of slavery and Freedom hitherto neglected, or so it seems.

The question to consider this week is, “What enslaves me now?” Other ways of phrasing the question may be “In what ways am I not Free to Be?” or “What is impeding my Freedom?”

We spoke of a section of US President Franklin Delano Roosevelt’s State of the Union Address, delivered January 11, 1944. This is often simply called “The Second Bill of Rights,” and once constituted the Progressive Agenda in America. Here is that section:

It is our duty now to begin to lay the plans and determine the strategy for the winning of a lasting peace and the establishment of an American standard of living higher than ever before known. We cannot be content, no matter how high that general standard of living may be, if some fraction of our people—whether it be one-third or one-fifth or one-tenth- is ill-fed, ill-clothed, ill housed, and insecure.

This Republic had its beginning, and grew to its present strength, under the protection of certain inalienable political rights—among them the right of free speech, free press, free worship, trial by jury, freedom from unreasonable searches and seizures. They were our rights to life and liberty.

As our Nation has grown in size and stature, however—as our industrial economy expanded—these political rights proved inadequate to assure us equality in the pursuit of happiness.

We have come to a clear realization of the fact that true individual freedom cannot exist without economic security and independence. “Necessitous men are not free men.[1]” People who are hungry and out of a job are the stuff of which dictatorships are made.

In our day these economic truths have become accepted as self-evident. We have accepted, so to speak, a second Bill of Rights under which a new basis of security and prosperity can be established for all regardless of station, race, or creed.

Among these are:

The right to a useful and remunerative job in the industries or shops or farms or mines of the Nation;

The right to earn enough to provide adequate food and clothing and recreation;

The right of every farmer to raise and sell his products at a return which will give him and his family a decent living;

The right of every businessman, large and small, to trade in an atmosphere of freedom from unfair competition and domination by monopolies at home or abroad;

The right of every family to a decent home;

The right to adequate medical care and the opportunity to achieve and enjoy good health;

The right to adequate protection from the economic fears of old age, sickness, accident, and unemployment;

The right to a good education.

All of these rights spell security. And after this war is won we must be prepared to move forward, in the implementation of these rights, to new goals of human happiness and well-being.

America’s own rightful place in the world depends in large part upon how fully these and similar rights have been carried into practice for our citizens. For unless there is security here at home there cannot be lasting peace in the world.

One of the great American industrialists of our day—a man who has rendered yeoman service to his country in this crisis-recently emphasized the grave dangers of “rightist reaction” in this Nation. All clear-thinking businessmen share his concern. Indeed, if such reaction should develop—if history were to repeat itself and we were to return to the so-called “normalcy” of the 1920′s—then it is certain that even though we shall have conquered our enemies on the battlefields abroad, we shall have yielded to the spirit of Fascism here at home.[3]


[1] In the English Property Law case, captioned Vernon v Bethell (1762) 28 ER 838, it was affirmed that there could be no restriction on the equity of redemption. In justifying this rule, Lord Henley LC made the famous observation that, “necessitous[2]” men are not, truly speaking, free men, but, to answer a present exigency, will submit to any terms that the crafty may impose upon them.”

[2] necessitous |nəˈsesitəs| adjective
(of a person) lacking the necessities of life; needy.
ORIGIN early 17th cent.: from French nécessiteux, or from necessity + ous.

[3] http://www.fdrlibrary.marist.edu/archives/address_text.html

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Economy

Here is a really good visualization of how the credit crisis occurred.  Click to play, if you dare.  Remember to breathe and smile.

The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo

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