Time’s Person of the Year: Emphatically Not Wall Street
A vote for someone, as we know, is also a vote against someone else. So reading between the lines of Time‘s widely noticed Person of the Year package, we can say for sure that one industry was openly snubbed: Wall Street.
Yes, every person or entity that Time wrote approvingly of this year was working in opposition to the interest of the Masters of the Universe. If nothing else, then, Time, with its talk of anti-establisment heroes, has lassoed, wrangled and captured the anti-financier zeitgeist.
Consider Time’s “person of the year”: protesters, including of course those of Occupy Wall Street. Time traces the dissatisfaction with Wall Street earlier, just after the election of Barack Obama to the creation of the Tea Pary:
In the U.S., the Obama campaign was in part a feel-good protest movement that galvanized young people, and then its shocking success and the Wall Street bailout produced an angry and shockingly successful populist protest movement in the Tea Party, which has far outlasted its expected shelf life.
In July the editors ran a full-page photo-illustration of a barefoot ballerina posed atop Wall Street’s Charging Bullstatue — in the background were gas-masked insurgents in a tear-gas fog — along with four lines of copy: “What is our one demand? #occupywallstreet September 17th. Bring tent.” Adbustersalso sent out an e-mail — “America needs its own Tahrir” — and on Independence Day urged on its smallish cadre of Twitter followers: “Dear Americans, this July 4th dream of insurrection against corporate rule.”
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