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Harvey: The Party Of Wall Street Meets Its Nemesis

reposted from:

http://www.versobooks.com/blogs/777-david-harvey-the-party-of-wall-street-meets-its-nemesis

David Harvey—The Party of Wall Street Meets its Nemesis

By David Harvey / 28 October 2011

The Party of Wall Street has ruled unchallenged in the United States for far too long. It has totally (as opposed to partially) dominated the policies of Presidents over at least four decades (if not longer), no matter whether individual Presidents have been its willing agents or not. It has legally corrupted Congress via the craven dependency of politicians in both parties upon its raw money power and access to the mainstream media that it controls. Thanks to the appointments made and approved by Presidents and Congress, the Party of Wall Street dominates much of the state apparatus as well as the judiciary, in particular the Supreme Court, whose partisan judgments increasingly favor venal money interests, in spheres as diverse as electoral, labor, environmental and contract law.

The Party of Wall Street has one universal principle of rule: that there shall be no serious challenge to the absolute power of money to rule absolutely. And that power is to be exercised with one objective. Those possessed of money power shall not only be privileged to accumulate wealth endlessly at will, but they shall have the right to inherit the earth, taking either direct or indirect dominion not only of the land and all the resources and productive capacities that reside therein, but also assume absolute command, directly or indirectly, over the labor and creative potentialities of all those others it needs. The rest of humanity shall be deemed disposable.

These principles and practices do not arise out of individual greed, short-sightedness or mere malfeasance (although all of these are plentifully to be found). These principles have been carved into the body politic of our world through the collective will of a capitalist class animated by the coercive laws of competition. If my lobbying group spends less than yours then I will get less in the way of favors. If this jurisdiction spends on people’s needs it shall be deemed uncompetitive.

Many decent people are locked into the embrace of a system that is rotten to the core. If they are to earn even a reasonable living they have no other job option except to give the devil his due: they are only “following orders,” as Adolf Eichmann famously claimed, or “doing what the system demands” as others now put it, acceding to the barbarous and immoral principles and practices of the Party of Wall Street. The coercive laws of competition force us all, to some degree or other, to obey the rules of this ruthless and uncaring system. The problem is systemic, not individual.


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The Party’s favored slogans of freedom and liberty to be guaranteed by private property rights, free markets and free trade, actually translate into the freedom to exploit the labor of others, to dispossess the assets of the common people at will and the freedom to pillage the environment for individual or class benefit.

Once in control of the state apparatus, the Party of Wall Street typically privatizes all the juicy morsels at below market value to open new terrains for their capital accumulation. They arrange subcontracting (the military-industrial complex being a prime example) and taxation practices (subsidies to agro-business and low capital gains taxes) that permit them freely to ransack the public coffers. They deliberately foster such complicated regulatory systems and such astonishing administrative incompetence within the rest of the state apparatus (remember the EPA under Reagan, and FEMA and “heck-of-a job” Brown under Bush) as to convince an inherently skeptical public that the state can never ever play a constructive or supportive role in improving the daily life or the future prospects of anyone. And, finally, they use the monopoly of violence that all sovereign states claim, to exclude the public from much of what passes for public space and to harass, put under surveillance and, if necessary, criminalize and incarcerate all those who do not broadly accede to its dictates. It excels in practices of repressive tolerance that perpetuate the illusion of freedom of expression as long as that expression does not ruthlessly expose the true nature of their project and the repressive apparatus upon which it rests.

The Party of Wall Street ceaselessly wages class war. “Of course there is class war,” says Warren Buffett, “and it is my class, the rich, who are making it and we are winning.” Much of this war is waged in secret, behind a series of masks and obfuscations through which the aims and objectives of the Party of Wall Street are disguised.

The Party of Wall Street knows all too well that when profound political and economic questions are transformed into cultural issues they become unanswerable. It regularly calls up a huge range of captive expert opinion, for the most part employed in the think tanks and universities they fund and splattered throughout the media they control, to create controversies out of all manner of issues that simply do not matter and to propose solutions to questions that do not exist. One minute they talk of nothing other than the austerity necessary for everyone else to cure the deficit, and the next they are proposing to reduce their own taxation no matter what impact this may have on the deficit. The one thing that can never be openly debated and discussed, is the true nature of the class war they have been so ceaselessly and ruthlessly waging. To depict something as “class war” is, in the current political climate and in their expert judgment, to place it beyond the pale of serious consideration, even to be branded a fool, if not seditious.

But now, for the first time, there is an explicit movement to confront The Party of Wall Street and its unalloyed money power. The “street” in Wall Street is being occupied—oh horror upon horrors—by others! Spreading from city to city, the tactics of Occupy Wall Street are to take a central public space, a park or a square, close to where many of the levers of power are centered, and by putting human bodies there convert public space into a political commons, a place for open discussion and debate over what that power is doing and how best to oppose its reach. This tactic, most conspicuously re-animated in the noble and on-going struggles centered on Tahrir Square in Cairo, has spread across the world (Plaza del Sol in Madrid, Syntagma Square in Athens, now the steps of Saint Paul’s in London as well as Wall Street itself). It shows us that the collective power of bodies in public space is still the most effective instrument of opposition when all other means of access are blocked. What Tahrir Square showed to the world was an obvious truth: that it is bodies on the street and in the squares not the babble of sentiments on Twitter or Facebook that really matter.

The aim of this movement in the United States is simple. It says: “We the people are determined to take back our country from the moneyed powers that currently run it. Our aim is to prove Warren Buffett wrong. His class, the rich, shall no longer rule unchallenged nor automatically inherit the earth. Nor is his class, the rich, always destined to win.”

It says “we are the 99 percent.” We have the majority and this majority can, must and shall prevail. Since all other channels of expression are closed to us by money power, we have no other option except to occupy the parks, squares and streets of our cities until our opinions are heard and our needs attended to.

To succeed, the movement has to reach out to the 99 percent. This it can do and is doing step by step. First, there are all those being plunged into immiseration by unemployment, and all those who have been or are now being dispossessed of their houses and their assets by the Wall Street phalanx. It must forge broad coalitions between students, immigrants, the underemployed and all those threatened by the totally unnecessary and draconian austerity politics being inflicted upon the nation and the world, at the behest of the Party of Wall Street. It must focus on the astonishing levels of exploitation in workplaces—from the immigrant domestic workers who the rich so ruthlessly exploit in their homes, to the restaurant workers who slave for almost nothing in the kitchens of the establishments in which the rich so grandly eat. It must bring together the creative workers and artists whose talents are so often turned into commercial products under the control of big money power.

The movement must above all reach out to all the alienated, the dissatisfied and the discontented, all those who recognize and deeply feel in their gut that there is something profoundly wrong, that the system the Party of Wall Street has devised is not only barbaric, unethical and morally wrong, but also broken.  

All this has to be democratically assembled into a coherent opposition, which must also freely contemplate what an alternative city, an alternative political system and, ultimately, an alternative way of organizing production, distribution and consumption for the benefit of the people, might look like. Otherwise, a future for the young that points to spiraling private indebtedness and deepening public austerity, all for the benefit of the one percent, is no future at all.

In response to the Occupy Wall Street movement the state backed by capitalist class power makes an astonishing claim: that they and only they have the exclusive right to regulate and dispose of public space. The public has no common right to public space! By what right do mayors, police chiefs, military officers and state officials tell we, the people, that they have the right to determine what is public about “our” public space, and who may occupy that space, and when? When did they presume to evict us, the people, from any space we, the people, decide collectively and peacefully to occupy? They claim they are taking action in the public interest (and cite laws to prove it), but it is we who are the public! Where is “our interest” in all of this? And, by the way, is it not “our” money that the banks and financiers so blatantly use to accumulate “their” bonuses?

In the face of the organized power of the Party of Wall Street to divide and rule, the movement that is emerging must also take as one of its founding principles that it will neither be divided nor diverted until the Party of Wall Street is brought either to its senses—to see that the common good must prevail over narrow venal interests—or to its knees. Corporate privileges to have all of the rights of individuals without the responsibiities of true citizens must be rolled back. Public goods such as education and health care must be publically provided and made freely available. The monopoly powers in the media must be broken. The buying of elections must be ruled unconstitutional. The privatization of knowledge and culture must be prohibited. The freedom to exploit and dispossess others must be severely curbed and ultimately outlawed.

Americans believe in equality. Polling data show they believe (no matter what their general political allegiances might be) that the top twenty percent of the population might be justified in claiming thirty percent of the total wealth. That the top twenty percent now control 85 percent of the wealth is unacceptable. That most of that is controlled by the top one percent is totally unacceptable. What the Occupy Wall Street movement proposes is that we, the people of the United States, commit to a reversal of that level of inequality, not only of wealth and income, but even more importantly of the political power that such a disparity confers. The people of the United States are rightly proud of the their democracy, but it has always been endangered by capital’s corruptive power. Now that it is dominated by that power, the time is surely nigh, as Jefferson long ago suggested would be necessary, to make another American revolution: one based on social justice, equality and a caring and thoughtful approach to the relation to nature.

The struggle that has broken out—the People versus the Party of Wall Street—is crucial to our collective future. The struggle is global as well as local in its nature. It brings together Chilean students who are locked in a life-and-death struggle with political power to create a free and quality education system for all, and so begin dismantling the neoliberal model that Pinochet so brutally imposed. It embraces the agitators in Tahrir Square who recognize that the fall of Mubarak (like the end of Pinochet’s dictatorship) was but the first step in an emancipatory struggle to break free from money power. It includes the “indignados” in Spain, the striking workers in Greece, the militant opposition emerging all around the world, from London to Durban, Buenos Aires, Shenzhen and Mumbai. The brutal dominations of big capital and sheer money power are everywhere on the defensive.

Whose side will each of us as individuals come down on? Which street will we occupy? Only time will tell. But what we do know is that the time is now. The system is not only broken and exposed but incapable of any response other than repression. So we, the people, have no option but to struggle for the collective right to decide how that system shall be reconstructed and in what image. The Party of Wall Street has had its day and failed miserably. How to construct an alternative on its ruins is both an inescapable opportunity and an obligation that none of us can or would ever want to avoid.

Defend Occupy Wall Street!! Stop Bloomberg!

Occupy Wall Street protesters are being evicted from Zuccotti Park at 7am tomorrow morning.

Mayor Bloomberg is sending in the police to clear the park so it can be “cleaned” and is imposing new rules that won’t allow protesters to continue to occupy the park.

If you can make it there to join in solidarity and make it physically impossible to shut down , please go!!!!!

If not, Please join me in urgently signing a petition to Mayor Bloomberg to keep him from evicting the protesters. Just use the link below:

http://act.aflcio.org/c/18/p/dia/action/public/?action_KEY=2995




Another important way to make sure that Mayor Bloomberg hears from all of us is to e-mail Mayor Bloomberg directly by clicking here:
http://www.nyc.gov/html/mail/html/mayor.html

If you send text messages, you can send a text message like "Don't shut down Occupy Wall Street. Respect First Amendment Rights!" to Bloomberg at 311692. Then, text STOP to 311692 to unsubscribe from New York City updates.

You can also New York City’s complaint line at (212) NEW-YORK—that’s (212) 639-9675.

When you’re asked to, Press 1 for English, hit 0, and then wait through the message and hold music until you get an operator. Then tell the operator you’re calling in protest against the eviction of the Occupy Wall Street protesters from Zuccotti Park.  (Due to an overwhelming response, the phone lines have been very busy--keep it up!)

This New York call line has great systems for gathering, counting, and reporting calls, so our collective call will be heard.

And don’t forget that spreading the word is critical. Use Facebook and Twitter to tell you friends what’s happening, or forward the sample email provided below.

In Solidarity.

Declaration of Those Occupying Wall Street

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.

We got this from our friends at furbirdsqueerly.wordpress.com who found this statement over at comrade James Wagner’s blog. For a great day to day report from Occupy Wall Street see his blog at http://jameswagner.com/. James has great pictures and essays for the days of visit. Just scroll down his blog.

Occupy New Haven!!

Occupy New Haven
EVENT: Planning Meeting
TIME: Tuesday, Oct. 4th @ 7 pm
LOCATION: Cask Republic on Crown Street
Occupy New Haven is now organizing on Facebook here:
http://www.facebook.com/pages/Occupy-New-Haven/277934382235568
email: This email address is being protected from spambots. You need JavaScript enabled to view it.

 

SPCT supports the "Occupy Wall Street" Movement

The SPCT supports our sister party in NYC in their ongoing confrontation with the capitalist media, the capitalist state apparatus, and the financial capitalists themselves in their occupation of Wall Street.

 

Here is some more good news; Support is growing among labor groups as well:

 


http://www.businessinsider.com/a-massive-union-just-voted-to-side-with-the-wall-street-protesters-2011-9

Business Insider                                                                                                                   Sep. 29, 2011

A Massive Union Just Voted To Side With The Wall Street Protesters

According to Daily Kos, The New York Transit Workers Union (TWU) voted to support the Wall Street Protestors at their meeting last night.

A member of TWU Local 100 told a reporter that they would join the protest Friday at 4PM.

Here's more about them from their website:

The TWU has four main divisions: Railroad; Gaming; Airline; Transit; and Utility, University and Service. The Union has 114 autonomous locals representing over 200,000 members and retirees in 22 states around the country.

Occupy Wall Street has been picking up some decent support from unions in the past few days. Yesterday we reported that the Teamsters Union declared their support for protestors, and we also found out that the United Pilots Union had members at the protest demonstrating in uniform.

Today we learned the Industrial Workers of the World put a message of support on their website as well.

Click here to see the protestor's list of demands >

That's good for the protestors, sure, but the bottom line is whether or not these unions can produce bodies. Experience says that when they want to, unions can be quite good at doing that very thing.

And it seems that they're interested. In many of their statements of support, they say that their members are part of "The 99%" that Occupy Wall Street protestors keep talking about.

But what does that even mean? Naturally, we had to get to the bottom of it, so we found the We Are The 99% blog. It's made of a collection of pictures people holding up signs about how the sorry state of the economy has effected them. Here are some examples:

  • A guy in a lab coat with a stethoscope around his neck (you can't see his face) holds a sign saying: "Ivy League medical student over 100,000 in debt committed to a life of helping the homeless and mentally ill. We are the 99%."
  • Another girl holds a sign saying: "They say you can be anything you want if you work hard enough. The truth is you can only be what you want if you can pay enough. Only 20 and already drowning in debt because I want to follow my dreams. I am the 99%."
  • Another woman holds up a sign saying: "I'm a single mom of four, college graduate 3.6 GPA, shelf stocker, I go hungry daily, I am the 99%. Occupy Wall Street.

Now for your protest update: When we checked in on the live feed around 9:30 this morning, the protestors were marching, playing drums and chanting: "All day, all week occupy Wall Street!"

A cop briefly interrupted them and told them that they were "invited" to stay on the sidewalk and the drumming continued to the sound of applause cheers of "YAY the sidewalk!"

Also, good old Michael Moore will be giving an interview from the protest tonight on MSNBC at 8 PM.

Click here to see the protestor's list of demands >

 

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