Assignment 1: Occupy Wall Street Movement.

Topics: Ethics, Utilitarianism, Business ethics Pages: 7 (1255 words) Published: March 17, 2013
Assignment 1: Occupy Wall Street Movement.

Discuss the moral and economic implications involved in the movement.

The Occupy Wall Street Movement began in the fall of 2011. This movement

was inspired by international protests. The purpose of the Occupy Wall Street

movement is to fight back against the system that has allowed the rich to get

richer and the poor to get poorer. Many people have many different

backgrounds and political beliefs. The movement works to achieve their goals

by resist, in the spirit and tradition of civil disobedience occupy takes to the

streets to protest corporate greed, abuse of power, and growing economic

disparity. The movement also empowers individuals to lead other into action

by gathering in the commons as engaged citizens to demonstrate a culture

based on community and mutual aid. The moral implications of the Occupy

Wall Street movement reach far beyond the passing sensation it has created.

Analyze each of the implications identified above against the utilitarian, Kantian, and virtue ethics to determine which theory best applies to the movement. Support your position with examples and evidence.

Utilitarianism is the moral doctrine that we should always act to produce the greatest possible balance of good over bad for everyone affected by our actions. The interests of the community are simply the sum of the interest of

its members. Utilitarianism evaluates actions according to their consequences

and because action produce different results in different circumstances.

Utilitarian’s also acknowledge that we often do not know with certainty what

the future consequences of our actions will be. It also does not require us to

disregard our own pleasure, or should we give it added weight. Immanuel

Kant sought moral principles that do not rest on contingencies and that define

actions as inherently right or wrong apart from any particular circumstances.

He believed that moral rules can in principle be known as a result of reason

alone and are not based on observation. His theory uses the Categorical

imperative which says that we can maxim of our action to become a universal

law. Virtue ethics is identified as the one that emphasizes the virtues or moral

character, in contrast to the approach which emphasizes duties or rules. I

believe the Occupy Wall Street Movement tries to follow the utilitarian theory.

The movement is attempting to end the relationship built on money and

donations between our elected officials and corporate interests.

Determine who is responsible for income inequality and wealth distribution in the U.S. In your analysis, make sure to include if this is something that happened suddenly or if it built up over time. Explain your rationale.

The income inequality and unequal wealth distribution in the United States is

something that has been building over time and is not really any one person or companies fault. Many of the wealthy have earned the money by working

hard to get to where they are now. They are many issues involved in the

wealth distribution in our country, including that many of the poor have gotten

poorer due to the lack of jobs as well as the fact that many of the into more

debt by handing out home loans to people who wanted to purchase homes

way out of their price ranges.

Suggest an equitable outcome from the movement that would be appropriate for our capitalistic society. Here are some things I feel the Wall Street should focus on:

Our Educational System: Clearly this is an issue, with OPW being a prime

example of our educational system failing. Rather than training people to be

independent, creative thinkers, our education system has trained people to

look up to authority for the correct answers to questions. Therefore, when we

struggle to find a job, naturally, we look to the government and...
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