Black March?
So I am on this quest over spring break to try to learn something – anything – about the “occupy movement,” and I click on this link on Titan Pad about this group called Anonymous who is calling for a boycott of media product purchases during the month of March with the purported intent of letting the media companies know “we will not tolerate censorship of the Internet.” Once I got past the highly overblown and violent tone of the rhetoric, not to mention a the blatant refusal to take responsibility for ones own ideas, I was amazed at the naivete in the main message.
It demonstrates a clear ignorance regarding the nature of the economic discourses that it seeks to selfishly enter and thwart. First of all, I have difficulty believing that an attack on the first quarter profits of a significant sector of our economy isn’t politically implicated in the divisive discourses unfolding during this election year. Obviously certain political groups have something to gain from an extension of the recession, which in the end only impairs the job recovery that so many of the 99%, that “occupiers” claim to represent, are so desperately waiting for. Secondly, media conglomerates and stock holders alike are very savvy. They are not going to risk directing all their resources and capital towards one outlet, especially with the uncertainty prevailing in the market over the past several quarters.
Instead most of these companies and investors are extremely diversified in their holdings, so as to better withstand the volatility of the market. A single minded strategy, such as the one envisioned by Black March, isn’t going to bring anyone down, especially when these companies perceive they can recover in the second quarter after the “four weeks” have elapsed. The real question, in my opinion, involves whether or not the occupiers are similarly positioned to display the resilience they will need to withstand the volatility of their own movement?
Finally it should be noted that consumer purchase power is only one part of a very complex system of capital flows, that includes built in buffers that minimize the impact of these “financial” protests. In other words, the connection between the consumer product and the capital that it generated it is much more indirect that it used to be in earlier societies. In fact most large companies dump a significant amount of their capital and profits back into the stock market and exchange trades. In my opinion, if you are going to try to effect change in an economic environment you need to spend a little less time developing untenable rhetorical threats and more time studying how markets work.