Peter Hallward on why capitalism is polarizing humanity, the emerging demands of the 99%, and why the Occupy Movement is unstoppable.
Occupy movements in the US went on the offensive last week, a few days after police forcibly cleared tents in cities from New York to Oakland. In addition to holding their ground in the face of violent intimidation, they began to interrupt business as usual. Rejecting the logic that compels the poor to bail out the rich, they restricted access to New York’s stock exchange, they marched on bridges and subway stations, they targeted banks and corporations, they overwhelmed university campuses. Meanwhile, in defiance of an eviction order, Occupy London undertook a “public repossession” of an abandoned office building and began its conversion into a “bank of ideas“; in its first couple of days, this new variation on a public university has already arranged a full schedule of meetings and talks about privatisation, tax havens, globalisation, direct democracy, the Tobin tax, photography and contemporary fiction. More forceful protests against neoliberal austerity measures and other forms of tyranny, meanwhile, have continued in Tahrir Square and in cities across Europe and the Middle East.