“We are the 99 percent” – a message powerful in its simplicity and its call for renewed social justice. The Occupy movement took on new dimensions on Wednesday as protesters moved beyond marches and rallies to attempt to disrupt port operations in the nation’s fifth busiest port, while 100 military veterans marched in uniform in front of the New York Stock Exchange to express support for Scott Olsen, an Iraq war veteran injured in the Oakland protests.
The message of Occupy Wall Street that gave rise to this movement refers to the overwhelming majority of ordinary Americans who have lost economic ground in the recession while corporate profits have reached their highest point since 1950. In this regard, the Congressional Budget Office reports that between 1979 and 2007, income grew by 275 percent for the top one percent of households and just 18 percent for the bottom 20 percent. In fact, the United States now has the highest poverty rate among developed countries with 46 million people living in poverty. The stories of lost ground are real, anguishing, and personal: stories of foreclosure, people in debt without health insurance, those who cannot afford to heat their homes, college graduates with student loan debt who cannot find work, and many others whose photos and stories can be found at here. We wonder if this is a new America.
In The Global Auction: The Broken Promises of Education, Jobs, and Incomes (2011), Brown, Lauder and Ashton tell us that emerging economies have leapfrogged decades of industrial development and created a highly skilled, low wage workforce that provides cut-priced brain power. This “reverse auction” for jobs has weakened the trading position of American professionals in the effort to attain a comfortable standard of living. In support of their thesis, the unemployment rate for U.S. college graduates over the past year is 9.6 percent, while for high school graduates, the average is 21.6 percent. And corporations have unquestionably contributed to this reverse demand by outsourcing American jobs overseas. A Wall Street Journal study published on April 19, 2011, U.S. multinational corporations employed 21.1 million at home in 2009 and 10.3 million abroad, with increasing numbers of highly-skilled foreign employees.
The recession has unquestionably deepened the racial economic divide to the extent that some are even calling it a “race-cession.” A Pew Research Center analysis based on 2009 data reveals that the median wealth of white households is now 20 times that of black households and 18 times that of Hispanic households. The report documents the differential impact of the recession upon minority families, with a decline in median wealth of 66% among Hispanic households and 53% among black households, compared with 16 % among white households. Nearly one quarter of black and Hispanic households had no assets other than a vehicle, compared to 6% among white households. And foreclosures have a disproportionate impact on minority borrowers in 2007-2009, with 8% percent of Hispanics and Blacks losing their homes to foreclosures compared to 4.5% of whites.
The statistics for minority unemployment are sobering. Black unemployment has been at 16% or above for several months, the highest level since 1984, with Hispanic unemployment at 11.3% and white unemployment at 8%. The underemployment rate is at least double the official employment rate, including those working part-time who want full-time work, those who work at minimum wage but seek higher wages, and those discouraged workers who have given up looking for work due to the job shortage. Furthermore, the duration of unemployment for minorities has exceeded the average duration of 40.5 weeks or more than nine months. For some minority groups, such as Blacks, Latinos, Native Americans, and some Asian American groups, at least one third are either unemployed or underemployed. As a case in point, take the startling report, “Only One in Four Young Black Men in New York City Has a Job” published by the Community Service Society that documents the disproportionately high rates of unemployment among young black men ages 16-24.
Given these stark employment realities, will troubled white workers begin to target minority workers more than they do now as the recession deepens? We have seen minority workers blamed for difficult economic times when white farmers and workers reacted to the large numbers of freed blacks during and after Reconstruction, or with the more recent backlash against migrant Mexican workers taking jobs in America even though Mexican immigration has actually declined over the last few years and few many Americans are not willing to work under the abysmal working conditions associated with the agricultural and non-agricultural jobs held by migrant workers.
As the base for the Occupy Wall Street movement expands, it promises to be a movement that returns us to our democratic ideals and unite us in the cause of social justice across the divides of race, gender, age, and class. A recent press release by Ben Jealous, President of the NAACP articulates this unity of purpose:
We are encouraged by the broad national support and by the great diversity of Americans who have been participating in the Occupy Wall Street campaign. The movement and the peaceful protesters who are a part of the campaign share many of the same goals as the NAACP.”
The NAACP shares the protesters’ concerns about the growing disparity in the access to wealth in America, and the decline of economic opportunity for poor and middle class Americans. For over 102 years we have supported the policies which create, preserve and expand living wage jobs, increase economic opportunity and protect the right of every American to build and retain wealth and equity.
And in poetic terms, Archibald MacLeish captures the importance of this new movement in his description of our living democracy:
Democracy is never a thing done. Democracy is always something that a nation must be doing. What is necessary now is one thing and one thing only that democracy become again democracy in action, not democracy accomplished and piled up in goods and gold.
Occupy Wall Street is a movement that has momentum and so much potential to be an avenue for big changes for the 99 percent. Unfortunately for people of color, so often people associate this 99 percent, ‘ordinary Americans’ with an image that is lower-middle class and white. Acknowledging this economic crisis as a ‘race-cession’ finally allows people to recognize that, though everyone in the 99 percent is suffering; white folks do still have 18-20 times the median wealth of people of color.
In a movement where people are still trying to be colorblind and focus on the negative effects that capitalism has on our wallets, many are failing to recognize that this is the time to not only question our government and the corporations that handle so much of our money, but this is also a time in which we can question how our own consumerism and failure to acknowledge our own privileges in an economy in which people of color have never come out on top and continue to starve in the shadows of white people’s wealth.
If the majority of the Occupy Wall Street movement refuses to acknowledge the economic crisis as a racial issue, no matter what progress they make for the good of the 99 percent, people of color will continue to have to work twice as hard just to end up a few steps behind white folks. This movement can be a place in which institutionalized racism can be addressed. Not only should we be challenging corporations and the 1 percent, but we should be challenging the systems of racism that are perpetuated both in the 1 percent and in our own roles in society as often unconscious perpetuators of racial inequalities.
This nation runs on capitalism and consumerism. We can continue to move and challenge the system, but we also question ourselves regarding our place in the movement and if we, too would enjoy the wealth of the 1 percent if we had the opportunity and resources. How inclined would be to move if we were comfortably sitting on millions, if not billions of dollars and a significant level of social influence and control? Just as people with huge amounts of privilege don’t often openly acknowledge the experiences of those who they oppress, white folks that fail to correlate Wall Street with race are failing to acknowledge how they are silencing or oppressing people of color.
Nicely put. Now’s not the time to be “colorblind.”