Occupy Wall Street - 1600 Words

Occupy 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 helped lead to media awareness that inspired Occupy protests and movements around the world. In awarding Workhorse its Platinum Award, industry publication PRNews noted the results, obviously, have been spectacular. There’s hardly a newspaper, Internet†¦show more content†¦As long as the economy and government are rigged in favor of the top economic 0.1%, we will all lose they claim. The above mentioned points that the OWS movement was based on can be discussed and interpreted in differing contexts. A Utilitarian would argue that what the wealthiest are the ones that keep the economy going, and that by their actions, the rest can survive. Utilitarianism acts for what results produce the greatest balance of good over bad for everyone involved. This is the internal struggle. Do the actions of the economic elite produce enough good for greater balance of people involved? Several key points to consider when analyzing would be how the actions affect people to different degrees, how certain actions produce different results in different circumstances, and how will these actions affect the greater good in the long run. OWS protestors claim that the income disparity between the top 1% and the remaining population, along with lack of jobs are causing greater harm. They want those who help create the economic downturn to be held more financially responsible for helping to rebuild the economy. Criticisms of Utilitarianism would be what or who determines what the greater good is. As a Capitalistic society, we are entitled to do with our money what we wish, even if that means spending it unwisely, where it could be more beneficial to be spent other ways. While I am not naà ¯ve to think all of the economic eliteShow 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 Street1528 Words   |  7 PagesOccupy 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 basisRead MoreOccupy Wall Street2846 Words   |  12 PagesAmerica (US) experienced a financial crisis which affected the rest of the world. Investment banks and Wall Street crashed. It left a good portion of US citizens in debt, unemployed, homeless, etc. As a result, Occupy Wall Street became a movement to demonstrate that the people have had enough and started protesting and voicing their opinions. In terms of globalization, the development of ‘Occupy’ movements have altered the notion of social movements to which it is not just about highlighting andRead MoreOccupy Wall Street Essay 850 Words   |  4 PagesOccupy Wall Street’s opposing expression of the disparity between the wealthy and the poor may have begun in good faith by utilizing the Freedom of Speech and General Assembly amendment rights, but the strategies some of the protestors have demonstrated are resulting in adverse reactions against themselves. The Occupy Wall Street movement will assuredly cost affected cities in the double digits of millions of dollars. Increases in payroll, overtime, and business expenses will inadvertently backfireRead MoreOccupy Wall Street Movement1039 Words   |  5 PagesOccupy 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 crossRead MoreThe Occupy Wall Street Movement1625 Words   |  7 PagesStarted on September 17, 2011, the Occupy Wall Street Movement began in the Financial District of New York City and has received resonance in other American cities as well as to 82 other countries. 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