From BlackSpot Collective <[email protected]>
Subject Occupy 2.0? That's Yet to Come
Date February 2, 2021 9:12 AM
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Weekly transmissions from [ Adbusters ]( [link removed] ), the journal of the mental environment  
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[ ]( # ) Occupy 2.0?
That's Yet to Come
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The [ GameStop phenomenon ]( [link removed] ) is a repudiation of Wall Street. But it isn't a rejection of the underhanded capitalism that delivered the financial crisis.  
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As has [ come to light ]( [link removed] ), the self-styled degenerates of [ r/WallStreetBets ]( [link removed] ) delivered a [ deserving blow ]( [link removed] ) to some high-rolling hedge funds. But only by investing (admittedly, in a mischievous and spiteful way) in the stock market — which is to say, by playing into the very system that screwed them [ in the first place. ]( [link removed] )  
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Many are liable to get hurt financially. Robinhood, the platform apparently used by nearly all WSB's adherents, has [ not always been kind ]( [link removed] ) to its amateur investors. And GameStop is, after all, basically the Blockbuster of video-game retail — not necessarily the soundest investment for folks who can't afford to gamble away their savings.  
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Further, even if [ crippling regulations ]( [link removed] ) aren't immediately instituted, it's not unfathomable that Wall-Street firms should soon start to hire meme-savvy analysts to anticipate, or even exploit, similar stock-market frenzies — deflating any revolutionary energy they may have to begin with.  
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Meanwhile, many normal people, swept up in the excitement, may well lose rather than win their bets. The likes of Melvin Capital are still in business, and appear set to remain so. A win for the 99% — or the 1%?  
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Until substantial measures are taken to remedy the inequality and injustice inherent to the financial system, things will remain much as they are — Robin-Hood redditors or no. What's needed is a deep-down, system-wide reboot — a second wave of righteous resistance.  
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How can we multitudes
 
— the Third Force —
 
spark Occupy 2.0 and set things to rights?
We lay out our boldest ideas yet in our soon-to-be-released mindbomb,
AB 153: The New Left . . .  
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