JOSEPH STIGLITZ: Occupy Wall Street Doesn't Need An Agenda

Occupy Oakland

Photo: AP

The protest movement that began in Tunisia in January, subsequently spreading to Egypt, and then to Spain, has now become global, with the protests engulfing Wall Street and cities across America.Globalization and modern technology now enables social movements to transcend borders as rapidly as ideas can.

And social protest has found fertile ground everywhere: a sense that the “system” has failed, and the conviction that even in a democracy, the electoral process will not set things right – at least not without strong pressure from the street.

In May, I went to the site of the Tunisian protests; in July, I talked to Spain’s indignados; from there, I went to meet the young Egyptian revolutionaries in Cairo’s Tahrir Square; and, a few weeks ago, I talked with Occupy Wall Street protesters in New York. There is a common theme, expressed by the OWS movement in a simple phrase: “We are the 99%.”

Keep reading “The Globalization of Protest” at Project Syndicate→
This post originally appeared at Project Syndicate.

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