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Archive for the ‘institutions’ tag

Jan 14, 2012

Why The #Occupy Movement Has No Chance, Yet

Posted by in category: economics

I’ve spent some time thinking about what the #Occupy movement is really representing. I’ve tried to attend the camps as I’ve traveled and interview the people in the camps; as well as, their formidable opponents in the ownership positions of the respective societies that Occupiers exist.

I think that I’m comfortable echoing the analysis in that Occupiers have done a good initial job in comparison to similar movements around the world and in the United States in particular. They’ve caught the attention of the masses, in that everyone knows what #Occupy means. Of course the problems of any fledgling movement are that its priorities aren’t hashed (#) out. While everyone knows what #Occupy is; no one has any idea of what it wants, or rather, needs.

Every movement-struggle-jihad, has is a battle of philosophy on how a society should exist versus how it does. Based on the consistent and more frequent collapse in the economic system, it is evident that we are due for some structural change in the modern world. When I listen to the rhetoric of this movement and the defense of its identified opponents, I think the following apply. There is a clash of ideals on whose altruism is not only virtuous but most beneficial. On the one hand we have that of the individuals, formally represented by the #Occupiers. On the other we have that of the institutions, formally represented by their owners/stakeholders. While individuals (humans in this case) can allocate a moral regard to their fellow man/woman based on their acknowledgment of his/her intrinsic or extrinsic value, institutions do not. Yet some individuals can advocate the virtues of an institution because for their holding that the institution’s incentives to take action better the society as a whole.

Institutions were created by individuals to protect the discovery, development, and deployment of technologies (methodologies, hardware, & software) that help individuals control what would otherwise be a chaotic environment. Who wants to live in 3000 B.C.E.? I’d doubt any of us could enjoy limiting our communication to a distances less than 20 feet. While institutions have served individuals well over the millennia their control mechanisms have the potential to run-a-muck. Their primary control mechanisms are related to their extrinsic value, or ability to generate revenues above the costs to exists. Controls validate the existence of each institution (for-profit & not-for-profit alike), but individuals don’t regard themselves as having extrinsic value alone (at least not all of them), per this on-going survey that I’ve been taking with some backlash about the use of language on “value”. Problem comes into play when those who are still benefiting from the existing operations of institutions clashes with those who are no longer benefiting. As institutions trying to sustain existence, they actually have incentives to suppress markets to indemnify stakeholders, per their understanding of who is most valuable.

Regarding the Occupy movement and its potential participants, the progress will occur when and if the most radical of the bunch agree that the contrast of values between individuals and institutions is infringing on their civil or even human rights and is in fact stifling their ability to live productive lives. Regardless of how they derive their understanding of the modern economic situation, they’ll have to hold it as dear and urgent as their more radical predecessors of the last past successful liberal movements. I’m not referring to MLK’s boycotts or the freedom riders, or the Jewish resistance in Europe, or the Mandela’s political activism. I’m referring to the immediate threat that militant groups like the Black Panthers, or the onslaught of the Allied Forces, or the provocative military growth of Umkhonto we Sizwe and the many like groups respectively per each struggle. The laws of arbitrage are clear and animalistic. Incumbent leadership, ideals, and conservatism can only respect some formidable opposition.

The incumbent power in 1950’s United States and 1980’s South Africa only yielded because they perceived an inevitable destructive threat; any rhetoric that suggests otherwise is misleading. It would take years to list all the martyrs from every movement who gave their lives to inspire the few, and were willing to take other’s lives for their cause. The pathology of pacifism is a failed effort when it does not inspire an aggressive colleague. Occupiers are going to have to figure out what in the world they can do to change the way institutions and individuals agree on human value. Although they were arguing slightly different causes, the incumbent powers decided to oblige Lyndon B Johnson immortalizing Martin Luther King in order to nullify the slogan “black power” and its author Kwame Ture (Stokely Carmichael). It seems as though it takes a guilty old man faced with the passions of an aggressive young man, to make any incremental change..

- Originally at Integrationalism