I just really wish people would stop attributing the wealth redistribution complaint to OWS. That's not what they are asking for. They are asking for jobs. They are asking for corporations to be corporations not the 4th branch of the government. They are asking "why are you sitting on trillions of dollars, but are not hiring?".
This is the biggest problems I have about the OWS complaints. These people need to realize that corporations do not owe them jobs. It's not their right to be employed at a large company just because the company is successful. The large companies did not force them to go tens of thousands of dollars into debt getting a useless degree. Lets be perfectly clear, corporations exist to make money and I don't believe that there is anything wrong with that as long as those corporations cannot simply buy monopolies via the government. I expect corporations to be greedy to an extent, but it's a problem when politicians who are supposed to be representing us are that greedy.
I guess that's not really my take on what the OWS protests are about (though there are so many disparate voices, you can probably pick about anything you want and find a decent segment of protesters supporting it). I agree that no corporation owes anyone a job. However, there are a couple of issues with the current economy that produce complaints that sound a lot like that.
A major factor affecting the poor economy is slack demand, which is fostered by low employment and poor wages. Even though many (but certainly not all) large corporations have returned to record profits, something like ~88% of that money has been captured by those corporations, even though what workers are more productive than ever. There are definitely reasons why that money might defensibly go elsewhere, like to prop up share prices, but there are others that are less so, like record executive compensation. Those corporations may not owe jobs to people, but nor do they owe an extra million to a CEO's salary. And yet they still manage to do the second.
There is little reason why the company's income needs to be directed so overwhelmingly to the top rather than being spread more evenly, either with more jobs or fewer but better paying jobs. And yet that's exactly what's happened (here's a broader graph), including in firms where those executives were either incompetent or did well for their companies by tanking the world economy. It's not that they can't do so, or even that the richest don't deserve a greater share of the national income than they had previously. But to happen to that degree while worker productivity has risen with only a modest increase in real wages for the vast majority of workers over the same period definitely sucks (unless you're one of the rich, of course). People really don't have any other recourse, so why not protest?
Additionally, corporations didn't just conjure the cash they're sitting on out of nowhere. It came out of the pockets of everyone, consumers and investors alike. Even if they have the best reasons in the world for not disbursing it as wages or new jobs or anything else, and there are valid reasons why they won't, it still sucks to have ~1/15 of the GDP tied up and not doing anything.
Another thing is that college degrees which might be called worthless now weren't worthless the farther back in time you go. For a long time a college degree was a sure way to get to a good job. A degree is still a huge help in landing a good job-- but there are way, way fewer of them to go around. Not to mention the hyper-specialization of certifications that exists in a lot of fields now making broader degree less valuable, and limiting the flexibility a job seeker has based on training. And one of my favorite quotes from the Simpsons demonstrates a reality that college graduates are facing now, "Joblessness: it's not just for philosophy majors anymore." It's not just English majors that are having trouble getting work. And it's not just college graduates that are unable to find work either; the job market is awful for a huge segment of the population including those who determined that college was too expensive.
I too expect corporations to be greedy, but that doesn't stop that greed from impeding the economy or hollowing out economic opportunity for vast numbers of people. Bad politicians are also a problem, as well as the corporate subversion of democracy. So is an increasingly bad payoff for college degrees, since there isn't a replacement for the opportunity they used to provide. And there are still other serious problems as well. But to say that the protesters are wrong for wanting jobs when there is at most one available for every three unemployed people, and when an extremely tiny portion of the country has sucked up a hugely disproportionate share of economic gains and still seeking to push the burden onto those who have barely progressed, suggests to me that you aren't perceiving the motivations behind the protests accurately. Even if one of their most popular talking points is somewhat inapt.