Occupy Wall Street Movement
Occupy Wall Street Movement James Valentine Dr. McCroskey BUS 309 7/29/12
The Occupy Wall Street movement started from young protestors growing tired of high student loans and low grossing wages. The movement had moral and economic implications. These implications could be compared to utilitarian, Kantian, and virtue ethics, with one that best applies to the movement. There are several people and organizations that can be held responsible for the inequality and wealth distribution in the U.S. There is an equitable outcome that would be appropriate for our capitalistic society from this movement. The movement will fade away with time with likely outcomes to come from the protests.
Discuss the moral and economic implications involved in the movement.
One of the main concerns of the Occupy Wall Street movement is the rising cost of college and student loans. If student loans were forgiven, however, it wouldn't solve the fundamental problem of costly education. A government program that forgave student loans would improve the finances of people holding student loans, but it would do so at the expense of taxpayers in America. Many of these taxpayers would fall within the 99%. Furthermore, by seeking bailouts for student loans, the Occupy Wall Street movement is fundamentally no different than the banks and corporations that they're criticizing. For the most part, media coverage of the Occupy Wall Street protest has been predictable. Stories are narrated according to the pro/con structure typical of balanced reporting or sensationalism. On the one hand, positive focus sympathetically explains why protesters have been demonstrating en masse since Sept. 17. These accounts place the activist mantra of “We are the 99%” in a historical and economic context that connects significant inequalities in wealth to violations of justice that should prompt people of conscience to demand rectification. On the other hand, negative reports argue
The Occupy Wall Street movement started from young protestors growing tired of high student loans and low grossing wages. The movement had moral and economic implications. These implications could be compared to utilitarian, Kantian, and virtue ethics, with one that best applies to the movement. There are several people and organizations that can be held responsible for the inequality and wealth distribution in the U.S. There is an equitable outcome that would be appropriate for our capitalistic society from this movement. The movement will fade away with time with likely outcomes to come from the protests.
Discuss the moral and economic implications involved in the movement.
One of the main concerns of the Occupy Wall Street movement is the rising cost of college and student loans. If student loans were forgiven, however, it wouldn't solve the fundamental problem of costly education. A government program that forgave student loans would improve the finances of people holding student loans, but it would do so at the expense of taxpayers in America. Many of these taxpayers would fall within the 99%. Furthermore, by seeking bailouts for student loans, the Occupy Wall Street movement is fundamentally no different than the banks and corporations that they're criticizing. For the most part, media coverage of the Occupy Wall Street protest has been predictable. Stories are narrated according to the pro/con structure typical of balanced reporting or sensationalism. On the one hand, positive focus sympathetically explains why protesters have been demonstrating en masse since Sept. 17. These accounts place the activist mantra of “We are the 99%” in a historical and economic context that connects significant inequalities in wealth to violations of justice that should prompt people of conscience to demand rectification. On the other hand, negative reports argue