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Gone but not forgotten. Occupy Wall Street has disappeared from Zuccotti Park, save for occasional gatherings of shivering souls watched over by yellow-jacketed police, but it lingers on the edge of consciousness, in the now embedded cliché "we are the 99%" and, apparently in Davos, where all things go to warm their hands on the gas-fed embers of 1% capitalism. Morgan Stanley's Stephen Roach lays out in today's Financial Times a final session at Davos that allowed a branch of the local Occupy movement to do their thing. As Roach himself says, "Friday's Open Forum, in an effort to take the debate from the glitterati to the real people" featured the topic "remodeling capitalism" and was a "chance to open this debate to the seething masses." Note a few assumptions here. First, glitterati are not real people, which may well be true -- I wouldn't know. Second, the "so-called Occupy Community" represented "the seething masses." This, of course, is the argument made by the Occupy community, embodied in the 99% slogan. But based on their numbers, on polls and on anecdotal evidence, they are a small segment of the overall population at large. Lastly, why do masses always seethe?
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