Occupy Wall Street - 1528 Words

Occupy Wall Street By: Jennifer Pates 2/1/2013 Professor Chester Galloway Bus301: Business Ethics I have to admit that even though the Occupy Wall Street Movement has been all over the news I did not truly understand the stance of it, nor did I really get involved with it. While doing research for this paper I was able to get a better understanding of the basis of the movement as well as the facts pertaining to it. The movement started on Wall Street but has spread across the US. The basis of the movement focuses on social amp; economic inequality, greed, corruption and the influence of corporations on the US government, primarily from the financial sectors of businesses. The main slogan of Occupy Wall Street (OWS) is we are the†¦show more content†¦There is a strong emphasis is on the evils of the opposite of liberty, primarily oppression. Even though OWS didn’t has a set, specific list of demands, the overall consensus was clear, rein in the influence of big businesses, which cheated and manipulated their way to great wealth, in part by buying legislations, whi le leaving a trail of oppressed and impoverished victims in their wake. By naming the issue, the movement has changed the political discourse. The movement has unleashed the political power of millions of individuals and has issued an open invitation to everyone to be a part of creating a new world. If the protesters continue to focus on the gross inequality of outcomes in America, they will get nowhere. There is no equality foundation. Fairness means proportionality, and if Americans generally think that the rich got rich by working harder or by providing goods and services that were valued in a free market, they won’t support redistributionist policies. But if the OWS protesters can better articulate their case that â€Å"the 1 percent† got its riches by cheating, rather than by providing something valuable, or that â€Å"the 1 percent† abuses its power and oppresses â€Å"the 99 percent,† then Occupy Wall Street will find itself standing on a very secure pair of moral foundations. When it comes to the responsibility of the income inequality andShow MoreRelatedThe Occupy Wall Street1112 Words   |  5 PagesThe Occupy Wall Street began in fall of 2011 in response to an email which was sent by online publication Adbusters. In this call-to-arms, those without jobs or other such responsibilities were urged to make their way to Manhattan for a long-term civil protest. The purpose of this gathering would be to decry the prevalence of corruption in the United States government, specifically as it related to Wall Street. (Economic Sociology and Political Economy)The physical movement began in a private NewRead MoreOccupy Wall Street1600 Words   |  7 PagesOccupy Wall Street BUS 309 February 4, 2013 Occupy Wall Street (OWS) is the name given to a protest movement that began on September 17, 2011 in Zuccotti Park, located in New York Citys Wall Street financial district. The Canadian group and magazine Adbusters initiated the call for protest with assistance from the Manhattan-based public relations firm Workhorse, who was well-known for its successful work on brands including Mercedes and Saks Fifth Avenue. The ensuing series of events helpedRead MoreOccupy Wall Street2846 Words   |  12 PagesAmerica (US) experienced a financial crisis which affected the rest of the world. Investment banks and Wall Street crashed. 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Concentrating on how the current economic system has affected peoples’ lives, the movement raised issues about the lack in democracy of the financial system, social and economic inequality, and the connection between financial and political power. The income inequality between the rich and the poor wasRead MoreOccupy Wall Street Movement1612 Words   |  7 P agesOccupy Wall Street Movement Business Ethics 309 Discuss the moral and economic implications involved in the movement. September 17, 2011 is the day the Occupy Wall Street (OWS) movement began in Zuccotti Park, located in New York City. The main issues include social and economic inequality, greed, corruption and the undue influence of corporations on government according to The New York Times. The mix of moral foundations based on ideas from the anthropologist Richard Shweder, outline sixRead MoreThe Occupy Wall Street Movement1982 Words   |  8 PagesThe Occupy Movement is an international activist movement that fosters social and economic change and originated from the actions of the Occupy Wall Street movement (source #7). The focus is on the Occupy Wall Street movement that was launched on September 17th 2011 and was catalysed by Adbusters activist Micah White. White created a web page about the corruption that was happening surrounding the financial crisis in the United States leading to the most recent recession. Large corporations basedRead MoreThe Occupy Wall Street Movement Essay1049 Wor ds   |  5 Pages Occupy Wall Street has been called many things including: unfocused, ungrounded, and silly. Others coin it as â€Å"America’s first internet-era movement† (Rushkoff). In quintessence, Occupy Wall Street is a series of protests and demonstrations that oppose the influence that corporate greed has on American Democracy. The protestors manipulate marches and nonviolent demonstrations to express their dissatisfaction with the state of American Politics and economy. This relates to the political scienceRead MoreEssay on Occupy Wall Street Movement928 Words   |  4 PagesThe Occupy Wall Street Movement that began in New York Sept. 17 and has since spread like wildfire across the world has made an undeniable impact on the social and political climate of the Upper Midwest. | With various Occupy protest committees continuing to spring up across Minnesota and North Dakota, many working people in the region who, previously, might not have come together on other political issues say they have found common ground in the Occupy Movement. Union, non-union, white collar