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Christopher Ketcham's essay "The Reign of the One Percenters," was published on Orion's website and is forthcoming in the November/December 2011 issue of the magazine.
Author's note: When I wrote the first draft of "The Reign of the One Percenters" in the autumn of 2010, I had little hope that the kids in New York would pull off anything like the growing revolt in Liberty Square and beyond. I am delighted to be proved totally wrong.
Some thoughts, then, for present and future Occupiers everywhere. I'd suggest they take a page from the Populist movement of the 1890s. Like Occupy Wall Street, Populism was a broad, economics-driven revolt that targeted a predatory elite of corporate capitalists-the Robber Barons of the Gilded Age-who had captured government and established monopoly power over the political economy. The Populists were social visionaries, anticipating and driving the Progressive Era of reform of the early 1900s. They sought to dismantle the centralized power of corporations in the economy and return economic liberty to individuals and small business. Long before anyone else, they envisioned the graduated income tax, the secret ballot, the regulation of banks, the right of workers to set the terms of their labor. They transformed the political discourse of their time.
In the midst of this our Second Gilded Age, the Occupiers need remember that the Populists also formed a political party-the People's Party-and they ran candidates who won office, and they formed real-world cooperatives between business and labor to challenge the hegemony of corporate capitalism. Theirs was not a platform of quixotic revolution, but one of radical reform that took decades of hard labor to bear fruit.
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