Reviving the Occupy Movement, Climate Change & the Commons
By Heather Menzies (author of Reclaiming the Commons for the Common Good)
Oxfam’s recent report, Working for the Few, on one per cent of the world’s population controlling most of the world’s economic power got me thinking about the relevance of the Occupy Movement, and why perhaps now would be a time to revive it.
The movement served notice on the moral danger of such deep inequalities: when even the hope of common-good consensus collapses into a them-versus-us divide. But equally, the occupiers brought the issue down to earth. One of the little-discussed truths about the escalating concentration of wealth and power is how ephemeral it is. It’s centred in the information systems running the post-industrial phase of the global market economy. It’s in the trillions of dollars and related influence vested in stocks, bonds, loans, mortgages, derivatives and other largely unregulated financial instruments. Quite apart from how insulated the wealthy can be, there’s the fact that the power they wield, relentlessly, 24-7, is through symbols on a screen, far removed from the impact those symbols have in real life, on the ground.