Sunday, October 09, 2011

We Are All Human Microphones Now | The Nation:

The rest we can figure out; the protesters plan to be there through the winter, so we have plenty of time. Think of it as slow growth activism, one that poses a provocative counter-model to Wall Street’s regime of instant profits. After all, it was in the offices and exchanges surrounding Occupy Wall Street that the financiers sliced and diced assets with mind-numbing speed. Enabled by vast and unregulated databases of information, the genius of quants and fancy algorithms and the whirl of flash trades, they ruled the economy on the principles of simultaneity and speed.

That did not work out so well.