...Occupy Wall Street Movement was started from a group of activists, students and protesters that really want to change the world and have their voice be heard. (2011, Kroll) Many of these activists are residents of the Unites States, but have lived in other countries and have experienced many protests within their country. As this group formed they felt the need to better understand why the United States’ economy was in a state of flux. They would question the inequality of salaries of many major companies. They also are concerned about how the financial industry or banking institution is corrupt in spending money. Occupy Wall Streets’ slogan is “We are the 99%,” referring to that most of the wealth in U.S. is among the top 1% compared to the other 99%. The other 99 percent are those that may not have jobs, living below the poverty line or those that are middle class. In reality the CEO’s or banking, financial institutions, etc. are accumulating most of the wealth in this country. Many would think that it’s because of unregulated industries that allow improper global trading or unregulated amounts of monies dispersed between the government and protected companies. Upon further analysis of the movement, we will discuss the moral and economic implications of the movement to try to better understand the reasoning behind the passion of the protestors. Months before the protest in Zuccotti Park there were a small number of protestors discussing dissatisfaction of many people losing...
Words: 1289 - Pages: 6
...The Occupy Movement Randy Hale, Kathryn Lindquist Sanchez, Liduina Allen, Monica Lorena Carrillo, Veronica Lincoln PHL/323 November 13, 2011 Cassandra Giles, Facilitator The Occupy Movement Ethical behavior in business is consistent with the principles, norms, and standards of business practice that have been agreed upon by society (Trevino & Nelson, 2007). Society is unhappy with greed and corruption of wealth inequality prevalent in the U S. The wealth of the United States people is only held by 1% of the U.S. population (“Occupy Together”. 2011). The Occupy Wall Street movement focus is for better wealth equality across the nation. What happened in society that brought up the issue? What ethical change or ethical system played a role in the issue? What is a proposed plan to fix the issue? What seems to be the Basis of the Issue? The basis of the Occupy movement was brought about by ongoing financial fraud and wanting the wrong doers to be brought to justice. The movement wants to separate money from politics. The Canadian-based anti-consumerist organization called Adbusters proposed occupation of Wall Street to protest corporate influence on democracy, and a growing disparity in wealth. The issue being; they represent the 99%, and have the goal of ending the greed and corruption that the wealthiest 1% of Americans have (“Occupy Together”. 2011). The Occupy Wall Street movement wants a more equal distribution of the wealth. The idea is to rebuild the wealth...
Words: 1815 - Pages: 8
...Occupy movement From Wikipedia, the free encyclopedia Jump to: navigation, search This article's use of external links may not follow Wikipedia's policies or guidelines. Please improve this article by removing excessive or inappropriate external links, and converting useful links where appropriate into footnote references. (June 2013) Occupy movement Part of response to the late-2000s financial crisis and subprime mortgage crisis and the impact of the Arab Spring Combination of October 2011 global protests.jpg Worldwide Occupy movement protests on 15 October 2011 Location Worldwide (List of locations) Methods Occupation Non violent protest Civil disobedience Picketing Demonstrations Internet activism General strikes Direct action Arrests/Injuries/Deaths Arrests: 7,700+,[1] Injuries: 400+,[2] Deaths: 32[3][4][5][6][7] The Occupy movement is an international protest movement against social and economic inequality, its primary goal being to make the economic and political relations in all societies less vertically hierarchical and more flatly distributed. Local groups often have different foci, but among the movement's prime concerns is the belief that large corporations and the global financial system control the world in a way that disproportionately benefits a minority, undermines democracy and is unstable.[8][9][10][11] The first Occupy protest to receive wide coverage was Occupy Wall Street in New...
Words: 21588 - Pages: 87
...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...
Words: 1960 - Pages: 8
...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 ...
Words: 1224 - Pages: 5
...Burch, L. M. (n.d.). Journal of Broadcasting & Electronic Media. Retrieved March 24, 2016, from http://www.tandfonline.com/loi/hbem20#.VvS04RasIlI Introduction- In the critical analysis “Kissing in the Carnage: An Examination of Framing on Twitter During the Vancouver Riots” by Lauren M. Burch, Evan L. Frederick & Ann Pegoraro; it was certain that the biggest 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...
Words: 6731 - Pages: 27
...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...
Words: 1813 - Pages: 8
...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...
Words: 1620 - Pages: 7
...Occupy Wall Street Movement Liz Croutch Annette Redmon Bus309 May 8, 2013 Discuss the moral and economic implications involved in the movement According to Occupywallst.org, The Movement Occupy Wall Street is a leaderless resistance movement with people of many colors, genders and political persuasions. The one thing we all have in common is that “We Are The 99%” that will no longer tolerate the greed and corruption of the 1%. We are using the revolutionary Arab Spring tactic to achieve our ends and encourage the use of nonviolence to maximize the safety of all participants. (Occupywallst.org) The movement began out of frustration in the growing inequality between the wealthy 1% and the rest of the population. Greed, corruption and the perceived undue influence of corporations on government especially in the financial services sector produced this momentous uprising. This movement is the embodiment of all of the frustrations that Americans have dealt with particularly; economically. The rich are getting richer and the poorer getting poorer. This has been the downward spiral for the last forty years. This movement gives a voice to the grievances of the people. According to newpol.org “Occupy is a kind of a party, not a party with a formal structure, but potential peoples party in formation, the party of working people, the party of the poor, the party of the dispossessed, the oppressed, and the exploited. The Occupy movement excoriates the banks...
Words: 1542 - Pages: 7
...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...
Words: 2032 - Pages: 9
...The American dream is turning into a nightmare, with disheartening levels of inequality, unemployment and homelessness. In this eyewitness report, CommonWealth Magazine visits the US, in what may be its final days at the top. Capitalism is facing unprecedented challenges. Nowhere is this truer than in the United States, where unemployment has reached huge proportions, and across the country some 3 million people — the equivalent of 90 percent of Taipei City residents — are without a home. Support for the "Occupy Wall Street" movement is growing rapidly, as protesters across the United States and around the world make a ruckus about the uneven distribution of wealth and the way the rich use their money to make more money. Target No. 1 in the protests is the epitome of capitalism: the banking industry, and the governments that bailed out the banks with taxpayers' money during the last financial crisis. The protesters began to occupy Zuccotti Park at the end of Wall Street in mid-September. When we visited in October the number of blue tents pitched in the park was still growing. To me the scene looked like a disaster zone. Sitting in front of a glitzy investment bank, a shabbily dressed homeless man held out his hand for a cigarette, while warning with a threatening look in his eyes that he does not want to be photographed. But just around the corner white-collar workers sporting fashionable neckties pay the equivalent of NT$ 1,500 for a sandwich lunch at Trinity Place bar and...
Words: 1544 - Pages: 7
...Protesting has made a big impact over many generations. Protests have led to positive change, like the creation of human rights, which people deserve. People, who have the power of running countries, need a different way to know what their people want. In three separate articles, it is discussed how protesting got the attention of government. “Letter from a Birmingham jail”, “Pre-OCCUPIED”, and “Welcome to the Occupation” discuss three scenarios of protests that happened in the past. Some of these protests were bloody and long. For humanity to progress, they must find a better way to be heard and stop the bloodshed. In the article “Letter from a Birmingham jail” by Dr. Martin Luther King, Jr., he writes about how from a solitary confinement...
Words: 1341 - Pages: 6
...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...
Words: 6494 - Pages: 26
...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...
Words: 3644 - Pages: 15
...4 Anonymous Hacktivism and Contemporary Politics Christian Fuchs 1. INTRODUCTION It is Friday, August 6, 2012, on the Internet. Sixty-seven years earlier, on August 6, 1945, the U.S. dropped the first atom bomb on Hiroshima. One hears a song by Trey Parker: "America. Fuck yeah. [. . .] So lick my butt and suck on my balls, America, fuck yeah! Whatcha' gonna do when we come for you now? (. . .) McDonalds, fuck yeah! Wal-Mart, fuck yeah!" Pictures of cats that look human are accompanied by the request, "I want to start a collection of my fetish catboys so post moar!" There is a link to a live cam on Times Square. One also finds an image showing a burning American flag that is accompanied by the logos of McDonald's and images of a can of Mountain Dew, the Statue of Liberty, a guitar player and a screaming bear. "You should kill yourself, fucking AMERRRICCAAA, you little fag- got." A rapper writes a new song and says that the first few minutes of the discussion in his thread will become part of the song. There is a story about a brother who tries to seduce his sister, but it turns out that his sister is a large arthropod. There is a thread with images of female but- tocks, accompanied by an announcement that one of the portrayed girls receives prank phone calls. One sees a picture of a couple having oral sex accompanied by the text "PORNO FUCK YEAH!" as well as a picture of a drunk sleeping man accompanied by the text "buddy passed out after 11 Coors...
Words: 9207 - Pages: 37
