Occupu Wall Street

Topics: New York City, Police, Protest Pages: 5 (1628 words) Published: December 17, 2012
Occupy Wall Street
* What is Occupy Wall Street?
Occupy Wall Street is a people-powered movement that began on September 17, 2011 in Liberty Square in Manhattan’s Financial District, and has spread to over 100 cities in the United States and actions in over 1,500 cities globally. #ows is fighting back against the corrosive power of major banks and multinational corporations over the democratic process, and the role of Wall Street in creating an economic collapse that has caused the greatest recession in generations. The movement is inspired by popular uprisings in Egypt and Tunisia, and aims to fight back against the richest 1% of people that are writing the rules of an unfair global economy that is foreclosing on our future. * We are the 99%...

We are the 99% is a political slogan widely used by the Occupy movement. It was originally the name of a Tumblr blog page launched in late August 2011 by a 28-year-old New York activist going by the name of "Chris". It is a variation on the phrase "We The 99%" from an August 2011 flyer for the NYC General Assembly. The phrase indirectly refers to the concentration of income and wealth among the top earning 1%, and reflects a belief that the "99%" are paying the price for the mistakes of a tiny minority. The phrase was picked up as a unifying slogan by the Occupy movement. * The reason of occupy movement…

Income inequality has increased over the last three decades with economic stagnation and unequal distribution of the wealth undermining some goals of working people. It is a focal point of the Occupy Wall Street protests. During the 1990s, economists began to release studies which showed the increasing income inequality in the United States, but was little-discussed until the cause was championed up by the OWS movement. OWS protests were particularly concerned with income inequality in America, in addition to corporate greed and the corrosive power of major banks and multinational corporations. * What is their goal?

OWS's goals include a reduction in the influence of corporations on politics, more balanced distribution of income, more and better jobs, bank reform (especially to curtail speculative trading by banks), forgiveness of student loan debt or other relief for indebted students, and alleviation of the foreclosure situation. Some media label the protests "anti-capitalist", while others dispute the relevance of this label. Some protestors have favored a fairly concrete set of national policy proposals. One OWS group that favored specific demands created a document entitled “the 99 Percent Declaration”, but this was regarded as an attempt to "co-opt" the "Occupy" name, and the document and group were rejected by the General Assemblies of Occupy Wall Street and Occupy Philadelphia. However others, such as those who issued the Liberty Square Blueprint, are opposed to setting demands, saying they would limit the movement by implying conditions and limiting the duration of the movement. David Graeber, an OWS participant, has also criticized the idea that the movement must have clearly defined demands, arguing that it would be a counterproductive legitimization of the very power structures the movement seeks to challenge. * Who are those people?

Early on the protesters were mostly young, partly because social networks through which they promoted the protests are primarily used by young people. As the protest grew, older protesters also became involved. The average age of the protesters was 33, with people in their 20s balanced by people in their 40s. Various religious faiths have been represented at the protest including Muslims, Jews, and Christians. The Associated Press reported in October 2011 that there was "diversity of age, gender and race" at the protest. A study based on survey responses at OccupyWallSt.org reported that the protesters were 81.2% White, 6.8% Hispanic, 2.8% Asian, 1.6% Black, and 7.6% identifying as "other". According to a survey of...
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