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The Occupy Handbook

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The Occupy Handbook THE OCCUPY HANDBOOK ** EDITED BY JANET BYRNE GUEST EDITOR ROBIN WELLS BACKBAYBOOKS Little, Brown and Company New York Boston London Contents Introduction: A Tale of Two Taxes Janet Byrne Parti HOW WE GOT HERE Advice from the 1 Percent: Lever Up, Drop Out Michael Lewis The Widening Gyre: Inequality, Polarization, and the Crisis Paul Krugman and Robin Wells Take a Stand: Sit In Philip Dray The 5 Percent Michael Hiltzik Hidden in Plain Sight: The Problem of Silos and Silences in Finance Gillian Tett What Good Is Wall Street? John Cassidy Inequality and Intemperate Policy Raghuram Rajan CONTENTS Your House as an ATM: The Myth of Homeownership 85 Bethany McLean Against Political Capture: Occupiers, Muckrakers, Progressives 100 Daron Acemoglu and James A. Robinson A Nation of Business Junkies 113 Arjun Appadurai Causes of Financial Crises Past and Present: The Role of the This-Time-Is-Different Syndrome 117 Carmen M. Reinhart and Kenneth S. Rogoff Government as Tough Love: Sitting Down with Robert Shiller 132 Brandon Adams Part II WHERE WE ARE NOW Occupy Wall Street's Anarchist Roots 141 David Graeber Economic Insecurity and Inequality Breed Political Instability 150 Nouriel Roubini A Master Class in Occupation 164 Chris Hedges Is Democracy Still in the Streets? 173 James Miller The Arc of Communism: Lessons for Occupy Wall Street? 184' Robert M. Buckley Globalization and the Perils of Democracy 196 Pankaj Mishra "15M": The Indignados 209 Salvador Marti Puig In the Footsteps of Salvador Allende: Chile and the Occupy Movement 218 Ariel Dorfman CONTENTS jBasta YA! Chilean Students Say "Enough" 223 Nora Lustig, Alejandra Mizala, and G. Eduardo Silva Occupying the Israeli Street: The Tents Protest Movement and Social Justice in the Holy Land 232 Neri Zilber From Tahrir to Zuccotti: Justice but No Peace in Egypt 239 Chris Stanton From Resistance to Revolution a la frangaise 245 Robert Zaretsky Occupy the Media: Journalism for (and by) the 99 Percent 256 Amy Goodman and Denis Moynihan On the Meaning of Occupation 265 Michael Greenberg Unions Build the Middle Class 273 David Madland, Karla Walter, and Nick Bunker Occupy Wall Street: The First Quarter and Beyond 276 George Gresham Where Is the Demand for Redistribution? 280 Uyana Kuziemko and Michael I. Norton U.S. Cultural Decline: The Overlooked Intangibles 286 Brandon Adams Civil Society at Ground Zero 294 Rebecca Solnit The Making of the American 99 Percent and the Collapse of the Middle Class 300 Barbara Ehrenreich and John Ehrenreich Part III SOLUTIONS Occupy K Street 309 Paul Volcker ix CONTENTS Interview with Emmanuel Saez 311 Kathleen Maclay Taxing High Earnings 317 Peter Diamond and Emmanuel Saez Commentary 330 J. Bradford DeLong Boycott! Michael Lewis Interviews Himself 333 Michael Lewis Reforming Western Capitalism 336 Martin Wolf How Occupy Wall Street Can Restore the Clout of the 99 Percent 348 Scott Turow Psychopaths, Inc.: On Corporate Personhood 353 Joel Bakan Occupy Democracy 362 Robert B. Reich Taxing the 1 Percent of the 1 Percent 370 David Cay Johnston The Short Sell: An Interview with Matt Taibbi 382 Tom Verlaine Smart Loans 393 Eliot Spitzer Enough with Occupying Wall Street: It's Time to Start Preoccupying Wall Street 397 Lawrence Weschler Reframing the Debate 411 Tyler Cowen and Veronique de Rugy Voluntary Financial Transactions Tax 422 Brandon Adams Medicare for All 425 JeffMadrick x CONTENTS Countering the Dangers of Procyclicality 438 Daniel Gross Principal Reduction: How to Reduce the Mortgage Burden 446 Felix Salmon How Bankruptcy Contributed to the Mortgage Crisis and How It Could Help the Economy Recover 456 Michelle J. White and Wenli Li Occupy Global Capitalism 462 Jeffrey D. Sachs Debt Jubilee 475 Michael Hudson Another Way to Resist Wall Street: Copies, Smuggling, and "Globalization from Below" 480 Gordon Mathews Coda: "The Last Capitalist on Wall Street" 494 Brandon Adams Acknowledgments 501' Notes 505 Credits 531 .
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