I think people are forgetting the most important thing with this movement and that is it is against Wall Street executives and CEOs getting golden parachutes and fleeing companies millionares while the other 99% go on unemployment or lose their homes. Personally I'm somewhere in between free enterprise and socialism as a point of view. I feel that people should be allowed to become millionares if success and the economy makes it so. Think Bill Gates/Sam Walton type of fortune where they form a company and get rich off of it. I know a few people in my past who had that type of success maybe not to the effect of those two but they are definately in the top 1% of the pay scale, from working their asses off and building a company from scratch through selling on Amazon and ebay and taking 10-15 years to achieve the status of a millionare. Where I draw the line is with two things, one is they should have to pay their share of tax on their earnings, dividends and winfalls like everyone else. Two is if the company is failing and they are at the helm they should go down with the ship because maybe then with that option they will come up with bright ideas to right the ship.
It is ridiculous that someone could earn a salary that is 1000+ times greater then the average employee while only being in that position for a couple of months. Its also ridiculous for them to get a winfall while everyone else suffers. I personally feel that american corporations need to take heed of another capitalist nation when it comes to CEO pay...Japan, where the average CEO maybe makes about $1-2 million or so a year. They are still the 1%, but $1-2 million dollars of salary leaves a lot more money freed up to hire people and help their stock holders as well(US average I believe for big companies is $25-$50 million). I would even say that severence's should also partially or mostly held up by company stock and that the CEO's should get what typical corporations give its employees which is two weeks pay. Granted, its still a large sum of money even with the Japanese system of capitalism but a person that is making a couple of million a year isn't going to want to take 2 weeks of that salary to leave the company, they are going to want to right the ship and make the company successful as best as they can.
If you look at Bill Gates, he didn't earn a huge salary, instead he got paid mostly in stock which has a worth to it but it is dependant on if the company sinks or swims, if he cashes it in he has to pay the taxes on those stocks and therefore would rather take the dividends it pays which granted(which are still taxed), he can live off of, and the company is still solvent.
I think reforms need to be made to CEO's salaries, and I feel that the goverment should take an active part in helping these people who are down on their luck get back on their feet with assistance like Grants and loans for starting a business and work placement assistance to the people who are looking for work.
I guess you could say I have a liberal point of view basically but not a socialist point of view when it comes to things because I do feel that millionares are ok in the most part but the 1% should not rape the other 99% of the population and should pay their fair share of taxes in order to help the other 99% because the 1% are dependent of the other 99 for success and if the 99% fail then everyone should fail.
I'm just one of the 99% who aspires to be more then what I am today, if it is to become one of the 1%(though highly unlikely) then so be it, but I will never forget what it feels like to be part of the 99% and therefore I support Occupy Wall Street.(Hey Warren Buffet atleast inpart supports this movement and therefore you could say that if 1 insanely rich man can take that point of view what would prevent others).
I'm in favor of Bill Gates and Sam Walton making a lot of money for what they did.
But I don't think Gates deserved to be the richest man in the world for Microsoft; for example a lot of the wealth came from being lucky that the new PC technology was most efficient to have one operating system to develop for, and Windows happened to be at the right place at the right time. Give him $500,000,000, give him $1 billion - 50 billion?
Sam Walton too did things that were innovative in retail that deserved reward. Give him millions of dollars rewards for that.
He also caught the wave of shifting manufacturing to China (and selling the goods falsely as 'made in the USA!', policies stimulating consumer spending, etc.
Making his kids the wealthiest family on the planet? No.
Was there room for reducing the harmful side of Microsoft and Wal-Mart on the economy while incenting the good they did? Probably.
The government should protect the economy for everyone from any one interest, whether that's preserving competition, tax rates, or other regulations.
Keep the innovation, toss the abuse of power that hurts the rest of the country.