What is going on in the Occupy Wall Street Protests, well, I sympathize with that too, maybe not the way you think. Something is wrong, the protestors know that, I know that, if you don't know that, well its time to wake up and smell the coffee. This is not a simple issue, there will be no simple fix, no bailout to make it go away, and make no mistake, there will be blood. The system is broken.
The protestors are themselves products of the broken system. Most went to typical state-run schools, and were indoctrinated by people of my generation with the progressive-collectivist bullshit ideas common these days. The neo-cons and conservatives in the media are criticizing these young people for biting the hand that has fed them. I understand that view, its well illustrated in the picture (top left) that has made the rounds of social media. If that saying: "you are what you eat" is true, then surely you are what you wear, carry, play with, or use to communicate. The conservatives or Republicans, whatever you call them, look at these protestors as a whining minority. Well, so were the anti-draft, anti-Vietnam war protestors, look what happened.
The protesters bought into the broken system and are expecting the system will somehow care for them, you know, like we are all supposed to care for each other. Help each other realize our own potential, stay in school, get that degree in Psychology, Women's Studies or English Lit. But now we just have school debt, no job, no prospects and we're tired of living in our parent's basement. Something is wrong. Why aren't we getting that job, big salary, big benefits, why? They lied to us!
My friend Rod Rojas, knows something is wrong and in a recent article published in Mises.org he tries to pin the blame in this phrase: "The big problem with the honest Left is their absolute and obstinate refusal to learn the most basic economic principles." I like that. We're not talking financial literacy folks, we're talking Economics, one of the youngest and least understood of the sciences. It needs to be explained, Rod's article is simple and an excellent start. Who better to continue the explanation than Tom Woods, Misean Scholar, interviewed by Stefan Molyneux: