...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 & 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 99%, which addresses the growing income inequality and wealth distribution in the US between the wealthiest 1% and the rest of the population. Huffington Post reporter, Paul Taylor said the slogan is "arguably the most successful slogan since 'Hell no, we won't go,'" of Vietnam war era, and that the majority of Democrats, independents and Republicans see the income gap as causing social friction The initial basis of the movement was to protest the global crisis of monetary insolvency, and the increasing disparity of wealth. Without offices, paid staff, or a bank account, Occupy Wall Street quickly spread beyond New York. People gathered in Boston, Chicago, Los Angeles, Portland, Atlanta, San Diego, and hundreds of other cities around the United...
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...hockey game of the National Hockey League season had been occurring, but the riot it has spawned in Vancouver makes it look like something far more politically charged may be the cause. In the introduction of the text it states “On June 15, 2011, more than 150,000 fans assembled on the streets of Vancouver to watch game seven of the Stanley Cup Finals between the Vancouver Canucks and the Boston Bruins. Within minutes of the Canucks loss, a riot began. One aspect that made this event unique was that it was documented on Twitter” this would clearly indicate that there was a relationship between the fans knowledge of the current affair which was the hockey game and the Literary review-RQ- 1. Is there a relationship between social media use and KNOWLEDGE of current affairs? 2. What is the relationship between social media use and knowledge of stand your ground law? 3. What is the relationship between social media use and attitude toward stand your ground law? Methodology- In the text it is stated that Twitter is a fairly new medium within the sport communication scenery; a growing body of literature has examined its utilization among various user groups such as athletes. Sport-specific research regarding Twitter has largely focused on general usage trends, however, this particular event summarized a crisis event situation, where the framing and perception of the event and larger cultural frameworks could be examined on a digital medium. Variables were modified from Billings...
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...Anna Lombardo MWF 8am Research paper Americans are noticeably differentiated from one another by economic status. Technological innovations by top earners benefits both groups, family problems even tend to hinder both and yet, 99% of Americans tend to feel betrayed by the 1% of Americans who are wealthy and successful, where as the top income grossers feel that they are not to blame and those who are suffering must give themselves some of the credit.Occupy Wall Street is a movement to protest corporate greed, growing wealth inequality, and the absence of legal action against banking executives blamed for the global financial crisis. Led by the 99% of Americans who face decisions such as paying groceries or rent. This is the same group that works long hours for little pay and as low as no rights and is denied quality medical care(Susman). The Primary objective of Occupy Wall Street is to share the wealth, that is to say to reduce the differences amongst the 99% and the 1% that have much more of a say in the structure of the American Society, despite their smaller numbers in terms of population (Susman). Globalization, advancements in technology, corrupting family relations and not understanding all tend to affect all Americans. Globalization and technological advancement has greatly influenced the economy of the American for both upper class families and then those who consider themselves apart of the poorer 99%. The top earners have accumulated great success and fortune...
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...sphere is in the work of Jürgen Habermas conceived as a neutral social space for critical debate among private persons who gather to discuss matters of common concern in a free and rational way. This public sphere is open and accessed for public. Habermas pointed out that media has contributed to the decay of the rational-critical discourse and causing the decline of the public sphere. Political public spheres include social movements, media that monitor and criticize the state, and groups that take political action. In recent times have seen an explosion of debate, blogging, theorising and hype around the role of the internet in today’s social movements. Social media -internet applications such as Facebook, Twitter and YouTube which facilitate the creation and exchange of user-created content- have been identified as key to events as diverse as the rise of student protests in Britain at the end of 2010, the outbreak of revolution in the Arab world - the role that social media played in the Egyptian uprising is striking- and the protests of the Wall Street against the global capitalism in the USA. Discussion of the political impact of...
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... Especially, the TV-advertisement has caused a lot of anger and frustration among their customers, because of its controversial images. So much frustration that some customers even have decided to leave the bank for another bank. The main subject is that Danske Bank is trying to create a “false” image of the bank. Some even think that its hypocritical and that Danske Bank promises more than they can hold. This has caused a lot of disturbance on e.g. Danske Bank’s Facebook page and one wall post caught more attention than any of the other complaints. Thomas Moos Jensen wrote: “I want to share this constructive input: "It is rare that an advertisement can get me so angry, but the new campaign from the Danish Bank is simply like being kicked in the balls. "A new normal demands new standards", preach it with an image, which rather resembles an advertisement for Amnesty International, together with glorified images of windmills, gay love and, God help me, also Occupy Wall Street! Hello, banking types, you want us to believe that you now would be a kind of society beneficial institution rather than a revenue focused business? And do you think we have already forgotten that you, as part of the banking system, are one of biggest villains in the situation the world is in now? You could start with an advertisement with the slogan "Forgive us", followed by a highly reduced paycheck to the people whose greedy decisions and frayed morality is a major part of the...
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...are fixated on the country which boasts of the highest levels of democracy and the ‘champion’ of human rights in the world. The United States of America is at a critical stage in its historical development poised between political regression and economic decomposition. The year 2014 was marred with a myriad of African-American shootings, incarceration of protesters and other deplorable acts of police brutality. It is my view in this paper that these incidences are much more profound and anchored in historical aspects the most astounding being racism and oppressive legislation proffered since the days of slavery and Black oppression. I will deliberately use the ‘Black and White’ epithet so as to traverse my arguments. The years in between the Occupy Wall...
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...Glen R. Hubbard wrote: “A shift from the current tax system to a broad-based consumption tax is best thought of as a two-step process”. His findings first conclude that most elements of consumption tax reform are consistent with moving to a pure income tax with uniform capital taxation. Once there, to get to a consumption tax the key element of reform would be the replacement of depreciation allowances for physical investment with expensing of capital assets. Both of these points indicate that fundamental income tax reform and consumption tax reform are not significantly different directions in tax reform. Iana Vladimirova wrote: “As the income gap between the rich and poor widens, Americans have begun to demand reform. The Occupy Wall Street movement is a reflection of the public’s frustration. The lowering of the effective tax rate for the very rich to 18%...
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...Describe how society defines the social issue. So, what is Social Mobility? First, let’s go to its technical or dictionary definition. Social mobility is the movement of people from one social class or economic level to another (“Social Mobility”, Random House Unabridged Dictionary, 2nd Edition). This term is widely used both in Sociology and Economics. It usually refers to vertical movement or moving up or down in rank. For example, if a soldier becomes a sergeant from a corporal, that would be vertical movement. However, it may also refer to horizontal movement or moving from one rank to another of the same social level. Example of this would be a principal who resigns from one school to become the principal of another school. With this definition in mind, we can see that Social Mobility is “movement”. The technical definition doesn’t restrict about the direction – whether you move up or down or just within what’s mentioned before as horizontal movement. Social Mobility is a term used in the objective comparison of economic or social states. Looking at the events around us, we can see that people care more about upward movement. When people talk about Social Mobility, they are likely referring to progress or development. Everyone wants to move up. Like what we commonly see in families. Almost everyone gives importance to good education. Parents keep reminding their children to be good in their studies so they can have good jobs. People want the opportunity to move up. People...
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...JS 5/1/2013 POLS 3315-001 Party Issue Valuations and Reassessments Why do political parties in the United States abandon or revisit specific issues? Moreover, what is the driving force behind a party making an issue politically salient? Some examples that could be correlated with these questions could be why the Republican Party has stayed silent on issues that many old-guard Democrats feel is contentious in the current administration, why the sudden recent ideological transformation of conservative party, or why many politicians steer clear from Wall-Street related subjects (even though lashing out against bankers these days is sure to garner some attention, and most likely support from the general public). All of these examples and more will be discussed in order to provide a sufficient answer as to why issues are left behind in the dust or put out prominently on display. There are numerous factors and variables to consider when trying answering such a question, one of which could be racial factors. It’s been largely documented that Latinos have been an increasingly growing electorate, going from 1 percent of voters from the 1950s to over 11% in the twenty-first century (Abramowitz 27). With this information in mind, it would make sense that the Democratic establishment is today trying to initiate immigration reform in the United States Senate, knowing that they’ll have an increasing amount of support from their Latino electorate. It should also be noted that although...
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...multinational, while governments remain national. Big companies are so financially powerful that governments are afraid to take them on. It is very important to study the cause and the possible solution for the increase in numbers of white collar crime; our focus needs to shift from Blue Collar Crimes to White Collar Crimes. U.S.A spends nearly $50 billion on fighting Blue Collar Crimes, not even quarter of that amount is spent on fighting White Collar Crimes. Hardly a day passes without a new story of malfeasance. Every Wall Street firm has paid significant fines during the past decade for phony accounting, insider trading, securities fraud, Ponzi schemes, or outright embezzlement by CEOs. A massive insider-trading ring is currently on trial in New York, and has implicated some leading financial-industry figures. And it follows a series of fines paid by America’s biggest investment banks to settle charges of various securities violations. They are essentially "paper crimes" in which the perpetrator uses deceit to obtain money, property or some professional advantage. White collar crime encompasses a number of offenses including mail fraud,...
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...railways stations is one of the most challenging practices and the concourse design must provide for large fluid spaces to facilitate rapid movement. In addition to these, the modern station demands much more from a railway concourse. The National Rail has chalked out the key requirements for every station with Security, Information, Navigation and Facilities as one of the few Basic needs followed by Higher-level needs such as Retail and Catering. In the life of all cities, the railway station plays an important role in the day-to-day life of its citizens and thereby a constant effort has been made to keep up with increasing requirements of the concourse yet maintaining the fluidity of spaces. This report discusses the effect of a concourse layout and its relation with the urban context on the process of ‘navigation’ and ‘way finding’ in the system. Another aspect of railways stations is the way it fits into the urban system which determines the nature of the concourse and the way people interact with the space. Liverpool street station gives an impression of it being an enclosed public square, accompanied by way finding as an easy process and thereby the fluidity of space is maintained. A contrasting observation is made at Victoria station, where many visits can yet sustain an unfamiliar environment. A comparative between Liverpool street station and Victoria station in this area of study and understanding the integration of the concourses of stations into the urban...
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...basic right of all people to act freely in how they work, what they produce, what they consume, and how they invest their time and money. It is “an essential aspect of human liberty, without which a person’s rights to life, liberty, and the pursuit of happiness may be fundamentally compromised” (Miller, Kim, 2013). Economist/philosopher Friedrich A. Hayek stated that economic freedom is the “prerequisite of any other freedom” (Miller, Kim, 2013). Economic freedom, or lack thereof, is experienced in different levels throughout the world, depending on the degree to which governments restrain them in their countries. The Index of Economic Freedom, created 1995 by The Wall Street Journal and The Heritage Foundation, ranks the economic freedom of every country and reports year to year how the levels have changed. This paper will focus on the relationship between economic freedom and variations in wealth among countries, and will describe specifically how one country from the index has changed over the past 5 – 10 years. The Relationship between Economic Freedom and Variations in Wealth: According to the Index of Economic Freedom, researchers have established that economic freedom is directly associated with economic growth and prosperity (Mitchell, 2013). The wealthiest countries in the world, based on per capita GDP, rank among the highest in economic freedom as well. For example the top five countries average an overall economic freedom score of 78.7 (out of 100). In contrast...
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...scale of it continuesto expand. However, as is often pointed out, international migration is a two-edged sword with dual effects.Nevertheless, the benefits of international migration are in excess of the economic costs. This essay will examine the brain drain and government spending on education problems for origin countries, meanwhile, unemployment problems, wage problems and social service spending for countries of immigration will also be included.(the essay’s structure) Brain drain for origin countries It is believed that international migration does harm to the human capital of origin countries, which is called brain drain.（this is the topic sentence, it is important. Becs readers can understand what you are going to talk about ）Research conducted by Indian households in 2004 shows that about 40% of emigrants have obtained at least a diploma of senior high school, the percentage of which is substantially higher than that of all Indians over the age of 25(TheEconomist,2011)(this is the example.it should be closely linked topic sentence) This suggests that rather than contributing to the human capital accumulation of their countries, a portion of well-educated nationals choose to emigrate, some of whom can be rated as the pillars of the society.(this is my comments, we should explain how the example closely link to our topic, it is quite important,we should add more in our report) Hence, on the...
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...Stefanie da Silva April 4, 2014 BUS 410 – Maher Research Paper ------------------------------------------------- The Glass Ceiling: An Ongoing Problem and Its Solutions The Wall Street Journal coined the term “glass ceiling” about twenty-five years ago. The glass ceiling refers to invisible barriers that prevent women and minorities from reaching the top of the corporate ladder. Traditionally, throughout the United States and the world, men instead of females have held the vast majority of leadership positions. It has been found that the higher the position, in both private and public sectors, the less likely a women would hold it. For example, a study shows that women hold just 2% of positions on the board of directors of large companies in the United States of America and Britain. A second study, conducted in 1995, found that 95% of all top management positions were held by males; a staggering number considering women accounted for 45.7% of American jobs during that year. Additionally, of the Fortune 1000 companies recognized in 2003, only seventeen are led by women CEOS. So the main question at hand here is why do women lag so far behind men in moving up the managerial ladder? More women are in the workforce than ever due to the Civil Rights Act barring sexual discrimination in the workplace. However, very few of those women actually hold top leadership positions. Women’s development programs exist to help females move up in the ranks of corporate America, but...
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...Shareholders Watchdog, Inc. 777 Wall Street New York, NY 10005 December 7, 2011 RE: Is CEO Compensation Fair? Dear employee, Accompanying this letter is our completed report that discusses the issue of the fairness of current CEO compensation. Although there are two sides of this argument, recent legislation and regulations for reform tend to support those who believe it is unfair. We have evaluated the current standards of CEO compensation and examined why both sides think they should prevail. There are some advantages that strongly support CEO’s huge salaries, including the following: * Provides incentives and motivates the CEO to obtain or surpass corporate objectives * Retains key-value leaders for the long-term, resulting in consistent corporate success * Creates a strong CEO confidence for him/her to reinvest in the corporation (bonds) Our overall research indicates that CEO compensation does not reflect actual performance in most cases. Many CEO’s are grossly over compensated (including stock options, bonuses, hedge funds, and other benefits). The “Golden Parachute” guarantee adds insult to injury. Based on our research, conducted from the UNLV Library periodicals database and online sources, we recommend the following: * Require corporations to adhere to sections 951, 953, 955 and 956 of the Dodd-Frank Bill * Maintain a collective (“Esprit de corps”) work force environment for all employees * Consult third party professional...
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