The Occupy Wall Street Movement - 1625 Words

Started on September 17, 2011, the Occupy Wall Street Movement began in the Financial District of New York City and has received resonance in other American cities as well as to 82 other countries. Concentrating on how the current economic system has affected peoples’ lives, the movement raised issues about the lack in democracy of the financial system, social and economic inequality, and the connection between financial and political power. The income inequality between the rich and the poor was reaching a concerning proportion, and the unequal wealth distribution is emitted in the movement’s slogan, â€Å"We are the 99%.† Protestors believed that the movement would send the message that the united, the people would succeed against the corporate power of Wall Street (Bashir, 69) and create a revolution in the global financial structure (Brahm). Occupy Wall Street is considered part of a larger protest movement against unequal financial systems, which includes the Arab Spring, the 15M Spanish Movement, and other European social movements. In May 2011, marches were initiated in a few Spanish cities to protest the Spanish democratic system. The protest movement quickly spread to other European countries and eventually reached North America, where Adbusters’ Micah White and Kalle Lasn called for a peaceful gathering on Wall Street. Consequently, a group of 200 people gathered in downtown Manhattan and stayed overnight at Zucotti Park. They held signs such as â€Å"Tax Wall StreetShow MoreRelatedOccupy Wall Street Movement1039 Words   |  5 PagesOccupy Wall Street Movement Moral and Ethical Implications Occupy Wall Street Movement Moral and Ethical Implications The Occupy Wall Street Movement that started in September 2011 in Liberty Square in the Finical District was movement organized by people to expose corruptions in cooperate America. The Occupy Wall Street Movement was known, as the peaceful protest due to it’s non-violent, non-aggressive nature and spread to over a one hundred and fifty cities crossRead MoreOccupy Wall Street Movement1612 Words   |  7 PagesOccupy Wall Street Movement Business Ethics 309 Discuss the moral and economic implications involved in the movement. September 17, 2011 is the day the Occupy Wall Street (OWS) movement began in Zuccotti Park, located in New York City. 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The Occupy movement was a protest that gathered local organizers, students, and activists in response to the economic disparity of countries around the world. The protest gained momentum after a continuous series of protests took place in Zuccotti Park in New York Citys Wall StreetRead MoreThe Occupy Wall Street Movement and Ensuing Controversy Essay2019 Words   |  9 Pagesin Zuccotti Park, New York which is Wall Street’s financial district under the banner â€Å"Occupy Wall Street†: these three simple words are causing an uproar in America (Engler). Additionally, these three words happen to be protesting the current status of America’s financial condition. With the economy in America being as terrible as it is, and the unemployment rate skyrocketing, it is absolutely necessary for some sort of change to occur. 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This group was initiated by a Canadian activist and it has led to occupy protests and movements around the world. The Occupy Wall Street movement began as a collective expression due to the current economic conditions in the United States of America. Occupy Wall Street has a slogan which is We