...Occupy Wall Street protest movement instigated by pro-environment group/ magazine Adbuster in Sept 2011 in New York City Wall Street financial district. This sociopolitical ideology that opposed good and service increasing amount. The main issues raised by Occupy Wall Street were “Social and economic inequality, greed, corruption and the perceived undue influence of corporations on government—particularly from the financial services sector. To achieve their goals, protesters acted on consensus-based decisions made in general assemblies which emphasized redress through direct action over the petitioning to authorities.” By Millennials being left wing or self-identified liberals more than a half of million signed a petition online to support the movement. However, this non- violent protest has generated comparison to Resurrection City, June 1968. From the economic disparities principle, permanent encampments, chanting, and demonstrators being forcibly removed....
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...The Occupy Movement exemplifies and reflects a societal reaction that reflects the views of conflict theory. The Occupy Movement arose worldwide in September of 2011 as a protest against social and economic disparity. Protesters flooded Wall Street in protest of corruption, greed, and general inequality. Occupy Wall Street inspired the world, sparking occupy protests across 82 different countries, taking place in over 950 cities. Because the movement became so massive, the Occupy Movement suffered for the same reason it prospered; though many took part in the protest, the more people showed up, the more the motive became less and less clear, no one leader being present among the entire protest who was able to represent the entire protest....
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...Occupy Wall Street Movement Economic implication of Occupy Wall Street: After the sub-prime crisis began in 2007 end and its harsh realities began to come up on the face of financial services, firms such as Goldman Sachs and Credit Suisse requested government bailouts which were financed by the taxpayers’ money. From this, outrage ensued and to retaliate, people began what is called the Occupy Wall Street movement, whose aim was to be able to stop the ruthless and selfish profit making mechanism of financial giants. For the same, a protest was held which showed that there is income inequality in the US and these companies as well as the government, while taking this step, has ignored the majority of the society and concentrated only on the affluent minority. In the on-going process, many means of showing ones dislike and anger have been used. For people, the story is about either the closing down of an important economic port to show ones dislike and also going and filling up of jails to going for peaceful agitation on the road. The impact would be on the economic front. Firstly, it has had its share of support from the President, who has assured that proper distribution of resources is done. The means of stopping a port in Portland and thus affecting the trade done from the areas of San Diego, Los Angeles and Oklahoma etc. have already disrupted the trade their and has caused a lot of revenue loss on that front. It has also putting pressure on the government to take corrective...
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...Running head: OCCUPY WALL STREET Assignment #1 Occupy Wall Street Movement Brenda Bryant Dr. Obi. Iwuanyanwu BUS309 Business Ethics October 5, 2012 Discuss the moral and economic implications involved in the movement. The Occupy movement was a protest that gathered local organizers, students, and activists in response to the economic disparity of countries around the world. The protest gained momentum after a continuous series of protests took place in Zuccotti Park in New York City's Wall Street financial district (Manhattan) on September 17th, 2011, where it was named Occupy Wall Street (OWS). This is an international protest movement where the moral foundation of the OWS Movement appears to be focused around fairness, care, and liberty from oppression. The main moral issues are against social and economic inequality, greed, corruption, and the undue influence of corporations on government—particularly from the financial services sector. The OWS primary goal is to make the economic structure and power relations in society fairer. The majority view of the protesters and moral implications is to fight for more government involvement and concern for the 99 percent that are not rich. OWS protesters believe the economic system is not fair and is set up in way such that now only the rich are getting richer, and the poor are getting poorer. The rich--those on Wall Street (“the “1 percent”) got rich by taking without giving. OWS protesters view the rich as cheaters...
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...What made the Occupy Movement a national movement? It is hard for a movement to become national, and it is even harder to make it international. However, the Occupy movement overpassed frontiers and even seas. This is probably because the Occupy Movement was a protest that was adjusted to suit the needs of each country. The occupy movement needed to be adjusted to each country’s needs in order for it to be successful. While in every country the form of protesting remained the same, the reasons behind protesting were different. In countries like United Kingdom and Spain, the form of government is a Parliamentary Monarchy, meaning it is a Parliament and it also has a king/queen, making it different from countries like Brazil that has a Federal Republic. Spain, United Kingdom and Brazil, were a part of the occupy movement holding their own, however, each country had different needs giving them different reasons to protesting....
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...Krystal Graham “Occupy Wall Street” Business Ethics Professor: Steven Curry “Occupy Wall Street” The “Occupy Wall Street” movement has become a big deal since it began in the fall of 2011. This movement was inspired by international protests, with thousands arriving in New York City answering the call, soon spreading to well over 500 cities. I would like to discuss more of the details of the movement, the moral and economic implications, as well as the different ethics theories to see which theory best applies to the movement. The Arab Springs protest on February 11, 2011 was the most notable inspiration of the Occupy Wall Street movement. According to the website occupy together, the occupy movement is an international movement driven by individuals. They are organized in over 100 cities in the United States, and they aim to fight back against the system that has allowed the rich to get richer and the poor to get poorer. “All of us have many different backgrounds and political beliefs but feel that, since we can no longer trust our elected officials to represent anyone other than their wealthiest donors, we need real people to create real change from the bottom up… We no longer want the wealthiest to hold all the power, to write the rules governing an unbalanced and inequitable global economy, and thus foreclosing on our future.” The movement works to achieve their goals by resist, In the spirit and tradition of civil disobedience #occupy takes to the streets to...
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...Occupy Wall Street Movement Moral and Ethical Implications Occupy Wall Street Movement Moral and Ethical Implications The Occupy Wall Street Movement that started in September 2011 in Liberty Square in the Finical District was movement organized by people to expose corruptions in cooperate America. The Occupy Wall Street Movement was known, as the peaceful protest due to it’s non-violent, non-aggressive nature and spread to over a one hundred and fifty cities cross the United Sates. Moral and ethical implications are the essentially what is right or wrong This paper looks at the moral and ethical implications related to the movement and uses some common ethical theories to determine which applies best to the issues surrounding the movement. The Occupy Wall Street Movement began in Zuccotti Park in New York City. Being that the park was private police did not have the right to kick the group of protesters out. The pretest was the people’s reaction to cooperate greed, social inequality, and the power of big business over the democratic process. Their slogan was heard across America, “we are the 99 percent.” They believed that one percent of the population; the banks, the mortgage industry and large corporations were controlling all of the countries wealth and preventing the ninety nine percent from prospering (The Occupy Wall Street Movement, 2012). Thousands of people organized across the United States in major cites and college campuses...
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...Occupy Wall Street Movement Holly Hyder Professor Zimmerman Business Ethics July 28, 2013 Occupy Wall Street Movement In the fall of 2011 there began a movement in America. This movement would forever be known as Occupy Wall Street. Taking over Liberty Square in the Manhattan Financial District in New York, a group of Americans began a nonviolent protest over the economic state in America. One of the stances that Occupy Wall Street held was that 99% of American’s economic well-being was controlled by the top 1% of Americans. This economic truth would no longer be accepted by this group of Americans. This group also called for solidarity inside of the 99% of Americans defining this in a set of principles. These principles involved a direct and transparent engagement of participatory democracy, exercising responsibility on collective and individual levels, empowerment of each other against all oppression, redefining how labor is valued, the sanctity of individual privacy, that education is human right, and that all knowledge, technologies, and culture be open to free access, creation, modification, and distribution (Stone, 2011)). Together in this movements solidarity they came together in New York to speak out about the injustices that they have suffered at the hands of corporations. These facts were that homes had been placed in foreclosure without the original mortgages, bonuses have been given to executives after corporations have received bail outs from taxpayers, the...
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...Occupy 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 six clusters of moral concern - care, fairness, liberty, loyalty, authority, or sanctity. OWS main moral issues include: fairness, care, and liberty. Fairness – the rich (the “1” percent) got rich by taking without giving. OWS protesters viewed the rich as cheaters who exploited their way to the top. They further suggested that the taxpayers had to bail them out after they crashed the economy. Care and liberty were the next moral foundations at OWS (Haidt, 2011). 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 consequences, 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...
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...BUS309: Assignment 1 Prf. Bonitto Carlos A. Machado Z. May 14, 2013 Discuss the moral and economic implications involved in the movement. The Occupy Walls Street’s movement stands in the moral grounds of: “It’s wrong to wreck the world. It’s wrong to wreck the health and hopes of others. An economic system that forces most of the people to bear the impacts of the recklessness of a few powerful profiteers, to assume the burdens of others’ privilege, and to pay the real costs of destructive industries in the currency of their health and the hopes of their children”. They believe that the system disrupts a great planetary cycle that support lives on earth (Moore, 2013). In the economic grounds they believe that everything is connected and everyone depends on each other. They see that a few (The 1%) have control of everything (economy, justice, environment etc.), and have politicians in their pocket. They believe that the rich and powerful have the power to resolve many issues that are concerning right now like environmental and economic emergencies but instead of doing so; they satisfy their greed with a short-term gain (Moore, 2011). The goal of this movement is to restore democracy by getting the money out of politics so that the people can take measures that will save the world from catastrophe and their principles are (Occupy Wall Street, 2011): 1. Engaging in direct and transparent participatory democracy 2. Exercising personal and collective responsibility ...
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...The Occupy Wall Street Movement began on Sept. 17, 2011, when a diffuse group of activists began a loosely organized protest called Occupy Wall Street, camping out in Zuccotti Park, a privately owned park in New York’s financial district. The protest was to stand against corporate and government greed, social inequality and the corrosive power of major banks and multinational corporations over the democratic process. The idea was to camp out for weeks or even months to replicate the kind, if not the scale, of protests that had erupted earlier in 2011 in Tunisia and Egypt. There were many that protested for this trying to make a change. Many people fought for their rights asking for help for certain situations such as foreclosing in homes and also asking for better jobs to support their families which I feel was the hugest part regarding this Movement. The Movement was very important for these people to stand up for their rights and announce the help that they needed and they feel that other people deserved when stuck in situations. There was a main slogan for these protesters. We are 99 percent was a huge part of this. It refers to income differential, a main issue for OWS. It derives from a We are 99 percent flyer calling for Occupy Wall Street's second General Assembly in August 2011. The variation "We are the 99%" originated from a page of the same name. Vietnam War era, and that the majority of Democrats, independents and Republicans see the income gap as causing...
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...City’s financial district, and the Occupy Wall Street movement (OWS) in its original form effectively disappeared from public view. This slight hiccup did not dampen the spirits of Occupied protesters, mostly comprised of disenfranchised young adults; instead, this obstacle spurred them to redouble their efforts and shift their focus, occupying alternative venues such as banks, corporate headquarters, board meetings, foreclosed homes, and college and university campuses. The Zuccotti Park camps merely represented the figurative “tip of the iceberg” in a global phenomenon, which held an ideological power that still remains relevant in social and political circles. The movement finally put a voice, multifaceted and bold, to the economic ails, political problems, and social unrest that racked the self-proclaimed 99% of the population. OWS called out the ruling class of elites by connecting the dots between corporate and political power, claiming that the economic system was rigged favoring those few on top, while leaving the overwhelming majority in the dust. “We the 99%” quickly gained footing and...
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...The movement failed for a variety of reasons, chief among them, was the diversion among the protesters. It cannot be forgotten, that the movement originated with students. These students were the children of the political and economic Chinese elite, and therefore had very different concerns than the other protesters. The death of the liberal reformer Hu Yaobang was the original spark and the uniting cause for the majority of the students. However, even among the students there was a whole variety of issues spanning the gamut from political democracy to interracial marriage. The inability of the student leaders to synchronize and untie under a single all encompassing message spelled trouble for the movement. Of course others were attracted to the moment such as "more radically inclined protesters....and decidedly adventurous groups."(Blecher 77) There was also the out of town lumpen proletarians which included a criminal element that had "fewer...
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...Occupy Wall Street no fue el primero que empezó la idea de “ocupar.” Entonces cómo empezó este movimiento y quiénes son los que desempeñaron un gran papel para su inicio? Muchas veces Adbusters es conocido como el grupo que impulsó Occupy Wall Street. Adbusters es una revista canadiense con el motivo de traer cambios en el mundo con su idea anti-consumista y anti-capitalista. Unos eventos que motivó esta revista fueron el boicot de Starbucks y del Huffington Post. Y todo fue porque estas compañías gigantes impedían el desarrollo de las que son pequeñas o locales. Entonces Adbusters, viendo que (la causa del movimiento), pidió que 90,000 manifestantes llenen la calle de Wall Street. Sin embargo, en verdad Adbusters no fue el inicio, sino fue un grupo de artistas, escritores, activistas, y estudiantes que se reunieron en el 16 Beaver Street para debatir sobre cambiar el mundo. Además de neoyorquinos, los miembros de estas reuniones incluían muchos de los que vinieron de todas partes diferentes como España, Egipto, y Japón, quienes ya antes habían participado en otras protestas en sus propios países. Ellos empezaron este tipo de reuniones en el verano del 2011, solamente para compartir sus ideas sobre las políticas y economía y los cambios que querían ver, no para empezar una protesta. Nadie de ahí sabía que ellos mismos iban a impeler un movimiento. Begonia y Luis, quienes vieron suceder el Movimiento 15-M en España (una protesta de “ocupar” donde 20,000 personas indignadas por...
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...the test successful and distribute quality watches that will pass the SOCC investigation and gain profits for the organization. The importance is to remember that the watches were failing three tests on a constant basis. It is important as stakeholders within the organization to make sure the machinery is not the responsible for the failures of the three industry test. The budget for upgrade is $500,000. Listening to the views of the head of departments the important machinery to work with is upgrading the timing machine, upgrading the poising machine, and buying movement holders. The posing machine is important because it is used to poise the balancing wheel. Poising determines the accuracy of the movement in different positions. Upgrading this machine will help ensure the accuracy of the watches in different positions. Movement holders hold the base plate of the movement keeping the base flat and secure with no movement that makes it easier to assemble the...
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