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Occupy Wall Street

By | November 2012
Page 1 of 4
Discuss the moral and economic implication involved in the movement. The Occupy Wall Street (OWS) movement began in Zuccotti park, located in New York City, on September 17, 2011. The main issues include social and economic inequality, greed, corruption and the undue influence of the corporations on the government according to the New York Times. OWS main moral issues include: fairness, care and liberty. Fairness- the rich got rich by taking without giving, OWS protesters felt that the rich were people that cheated and exploited their way to the top by using people regardless of how that person felt about it. As long as it made them richer, they did not care. They further suggested that the taxpayers had to bail them out after they crashed the economy Analyze each of the implications identified above against the utilitarian, Kantian, and virtue ethics to determine which theory best applies to the movement. Utilitarian looks at penalty, or the greatest good for the greatest number. Utilitarianism is generally held to be the view that morally right action is the action that produces the most good. We believe that we are all individuals and that society is only the net result of our individual choices. The sociologist Emile Durkheim understood that utilitarianism is a convenient fiction. Since our very understanding of reality is socially constructed, we cannot be concentrated to individuals making rational decisions. The OWS movement- invisible movements of billions of dollars, the bailout, and the financial crisis all are agreed upon realities, and represent collective representations. Virtue ethics is where morality come from the identity or character of the person, rather than being a reflection of the actions. Virtuous traits in the business arena would be integrity, honesty, courage, and loyalty to name a few. Virtuous traits are acquired and develop throughout are life. They are different experience that we have. A primary concern with this theory is that...
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