I'm not certain that the rationale is bullshit. It worked once, so it's at least logically sound. I think the problem is more a matter of A. imbalance in power between the citizenry and the authorities and B. the willingness, or lack thereof, of the populace to mobilize against an oppressive government. It doesn't help that companies designing and building passive protective gear (i.e. nothing that can do harm, only protect against it) like THOR Shield are only selling to law-enforcement and thus further contributing to that imbalance.
You make a good point, though, about Occupy. I think it'd be great if a company (Something like ProtesTek Inc. or some other such name) started designing lightweight protective gear for protestors to wear, with metallic lining that protects against TASERs (and possibly millimeter-wave ADS weapons), headgear that's hardened against batons and has ear protection to neutralize LRADs, built in squirt bottles for the Maalox-water solution to neutralize pepper spray and, uh, integrated waste collection (a la Fremen stillsuits) and maybe cellular communications in case of kettling. Sure it'd cost a fortune, but something like that would arguably be better than an armed uprising as it would force authorities to level with the people once their fancy tech-tricks aren't effective anymore.