In response to OWS:

So does OWS just mean the advocacy of redistribution of income?

The "We are the 99%" signs at every Occupy rally make it clear the protesters believe greater income equality—not more free enterprise—is what America needs.

Or is this just campaign rhetoric?  Or is the attempt to transform America into a socialist state?

Sowell writes that this is a misleading movement, motivated by a desire for socialism.

 

Most agree to a meritocracy in simple questions regarding preference in defining compensation, but the rejection of our system is not about that.   It is a desire to control.

 

Video on the anti-corporation and general frustration: the confusion and antagonism is clear in this piece.  The key element of this and other discussions is the desire for a strong association between corporations and evil, and the further association to the 1%.   Politics today, as pitched from people of this mindset, is most often about creating associations whether they are logical or correct or not.  

 

AEI on the Occupy movement and how to respond:   Link

 
The most important area of disagreement concerns what our country needs today. The "We are the 99%" signs at every Occupy rally make it clear the protesters believe greater income equality—not more free enterprise—is what America needs. Unsurprisingly, the White House has found this class-struggle leitmotif quite handy to divert attention from its economic record. Last month White House spokesman Josh Earnest assured the public that the "interests of 99% of Americans are well represented" by Mr. Obama. This came after the president's well-worn attacks on "millionaires and billionaires," who, as we have heard many times, are not paying their "fair share."
 
Free-enterprise advocates should view this as a rare opportunity to expose mistaken and misleading arguments about income inequality.

 

The dreaded top 1% earns about 20% of income today, we hear. Yes, and they also pay 37% of the federal income taxes, according to the Tax Foundation.
 
Further, as my colleague Jim Pethokoukis has shown, wealth inequality is roughly unchanged from 20 years ago—and from 40, 60 and 80 years ago too, for that matter.  According to the Congressional Budget Office, every income quintile has seen a real increase in purchasing power of at least 18% over the past 30 years.
 
In 2006, the World Values Survey asked a large sample of Americans to, "Imagine two secretaries, of the same age, doing practically the same job. One finds out that the other earns considerably more than she does. The better paid secretary, however, is quicker, more efficient and more reliable at her job." When asked if it was fair that one secretary be paid more than the other, 88.6% of respondents answered that it was fair indeed.
 
According to the meritocratic definition of fairness, we have been getting less fair as a nation with every new redistributive policy and regulation that unnecessarily hinders entrepreneurship.
 
Greater fairness means rewarding hard work and innovation—not handing out stimulus cash to politically well-connected corporations and campaign donors.
 
 It means lowering disincentives to invest, not trying to squeeze more money out of private entrepreneurs while protecting public-sector unions. Penalizing earned success destroys jobs and lowers growth, which especially hurts the economically vulnerable.

 

A Professor puts it into perspective in this video:

 

 Moreover:

Thomas Sowell (born June 30, 1930) is an American economist, social theorist, political philosopher, and author.  A National Humanities Medal winner, he advocates laissez-faire economics and writes from a libertarian perspective.  He is currently a Rose and Milton Friedman Senior Fellow on Public Policy at the Hoover Institution at Stanford University .
 
 Sowell was born in North Carolina , but grew up in Harlem , New York.  He dropped out of high school, and served in the United States Marine Corps during the Korean War.  He had received a bachelor's degree from Harvard University in 1958 and a master's degree from Columbia University in 1959.  In 1968, he earned his doctorate degree in economics from the University of Chicago .
 
 Dr. Sowell has served on the faculties of several universities, including Cornell and University of California , Los Angeles , and worked for "think> tanks" such as the Urban Institute.  Since 1980 he has worked at the Hoover Institution.  He is the author of more than 30 books by Dr. Sowell.
 
He writes:
The current Occupy Wall Street movement is the best illustration to date of  what President Barack Obama's America looks like.  It is an America where  the lawless, unaccomplished, ignorant and incompetent rule.  It is an America where those who have sacrificed nothing pillage and destroy the lives of those who have sacrificed greatly .
 
 It is an America where history is rewritten to honor dictators, murderers  and thieves.  It is an America where violence, racism, hatred, class warfare  and murder are all promoted as acceptable means of overturning the American civil society.  It is an America where humans have been degraded to the level of animals: defecating in public, having sex in public, devoid of basic hygiene.  It is  an America where the basic tenets of a civil society, including faith, family, a free press and individual rights, have been rejected.  It is an America where our founding documents have been shredded and, with them,  every person's guaranteed liberties
 
 It is an America where, ultimately, great suffering will come to the American people, but the rulers like Obama, Michelle Obama, Harry Reid, Nancy Pelosi, Barney Frank, Chris Dodd, Joe Biden, Jesse Jackson, Louis Farrakhan, liberal college professors, union bosses and other loyal liberal/Communist Party members will live in opulent splendor
 
It is the America that Obama and the Democratic Party have created with the willing assistance of the American media, Hollywood , unions, universities, the Communist Party of America, the Black Panthers and numerous  anti-American foreign entities.
 
Barack Obama has brought more destruction upon this country in four years  than any other event in the history of our nation, but it is just the beginning of what he and his comrades are capable of
 
 The Occupy Wall Street movement is just another step in their plan for the  annihilation of America. 
 
 "Socialism, in general, has a record of failure so blatant that only an  intellectual could ignore or evade it."
 
 Thomas Sowell

 

Sowell:   "Socialism, in general, has a record of failure so blatant that only an  intellectual could ignore or evade it."