Foreign Affairs Report: Occupy Wall Street

Big Business Is Good for America: Why Vilifying Corporations Misses the Point
Gary Hufbauer and Martin Vieiro
November 2, 2011
Rather than dousing large corporations with vinegar -- as the Occupy Wall Street protesters urge -- Washington should smother them with honey. Doing so would loosen their purse strings to fund new investment, bolster the economy, and create jobs.

  What Occupy Wall Street Gets Wrong About Inequality: A Better Way to Think About the Bailout, Jobs, and Taxes
Douglas Holtz-Eakin
October 24, 2011
The protestors of the Occupy Wall Street complain about the unfairness of the bailout, unemployment, and taxes. But to make the U.S. economy more fair, Washington needs to use the capitalist system, not to destroy it.
Occupy Wall Street and Washington's History of Financial Bailouts: Why We Need More Capitalism, Not Less
October 24, 2011
Russ Roberts
Protesters in Lower Manhattan are missing the point. The so-called "one percent" actually does a lot of good. It's Washington's willingness to bailout banks that is the real problem.
  Why Inequality Doesn't Matter: Irving Kristol's Reflections on Economic Well-Being and Income Distribution
October 24, 2011
An iconic perspective from 1980: economic disparities have little impact on growth, stability, or happiness.
  The Broken Contract:Inequality and American Decline
George Packer
November/December 2011
Like an odorless gas, economic inequality pervades every corner of the United States and saps the strength of its democracy. Over the past three decades, Washington has consistently favored the rich -- and the more wealth accumulates in a few hands at the top, the more influence and favor the rich acquire, making it easier for them and their political allies to cast off restraint without paying a social price.
  The Fight for 'Real Democracy' at the Heart of Occupy Wall Street: The Encampment in Lower Manhattan Speaks to a Failure of Representation
Michael Hardt and Antonio Negri
October 11, 2011
Occupy Wall Street's anger is mostly directed at the ruling economic class. But the movement is gaining traction because it is exposing a larger failure of democratic representation.
Why Occupy Wall Street is Not the Tea Party of the Left: The United States’ Long History of Protest
Sidney Tarrow
October 10, 2011
Unlike other movements, the rallies across the United States have no distinct constituency, put forward few policy proposals, and have a shifting configuration of supporters. They are something new. These are "we are here" protests.
  How Occupy Wall Street Works: Why It Will Remain Nonviolent
Rory McVeigh
October 10, 2011
The power of protest comes from its capacity to disrupt business as usual. As long as protesters believe they are making progress through other means, they will not resort to violence.


Why the Rich Are Getting Richer: American Politics and the Second Gilded Age

Robert C. Lieberman
January/February 2011
Increasing inequality in the United States has long been attributed to unstoppable market forces. In fact, as Jacob Hacker and Paul Pierson show, it is the direct result of congressional policies that have consciously -- and sometimes inadvertently -- skewed the playing field toward the rich.

 

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