The Occupy Wall Street Movement
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 …show more content…
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 …show more content…
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
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 …show more content…
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 …show more content…
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