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Occupy Wall Street Movement - Essay Example

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Occupy Wall Street Movement The movement The Occupy Wall Street Movement is a movement which is backed by strong power of the common mass of the United States of America. The movement started on September 17, 2011 in the Liberty square in the financial district of Manhattan…
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Occupy Wall Street Movement

Download file to see previous pages... After that it spread to around hundred cities in the United States with actions all over the globe in and around 1500 cities. The movement is to fight back against the 1% richest in the country who are in the process of steering the rules of the economy and practicing them unfairly jeopardizing the lives of remaining 99% who are the common people (Occupy wallstreet, about) Protestor’s notion The slogan of the group is, “we are the 99 percent”. The remaining 1% is all the haves i.e., that is, the “banks, the mortgage industry, the insurance industry, etc.; and the 99 percent refers to the have-nots: that is, everyone else” (Occupy Movement Wall Street). This notion incorporated a rising sense of exploitation among the US nationals done by these 1 % haves over the 99% have-nots. The protestors stated that the common people cannot be simultaneously working and poor. The protestors were guided by some particular demands. They demanded free and fair elections. They also stated that money flowing from the corporate into the elections will be eliminated, there will be only public funding, and public election channel should be made the centers of debate and educational campaigns. After the elections there would be no financial gifting or gifting requirements for meeting privately with the selected officials. There should be properly operated televised public as well as transparent investigations regarding the financial meltdown, mortgage derivatives, and returns of the taxpayers. The protestors also demand of telecasted transparent investigations in the social security funding along with its background and allocation details. There should be also securing of low risk investment policies to the funds borrowed from the social security funds. Corporations are channelizing jobs at lower wage rates to the countries which lack basic human sustainability and the Americans are losing jobs continuously. The corporations are required to operate here by providing the local nationals jobs (List of Goals for Occupy Wall Street). Reactions from opposing political parties There was initial hesitation regarding the spread of the movement from both the Democrats party and the Republicans. This can be thought of a natural response to any protests in its initial phase (Klein). The democrats and the occupy wall street movement pose similar concerns related to the economic inequalities. The democrats refused of engaging with their lot with the protesters of the movement confronting the police and the squats in the public encampments. The Democrats embraced the movement with spreading demonstrations across the country with the attainment of robust support from the progressive traditional institutions. The democratic leaders stated that the movement has many positive sides to it. The democrats supported the central message of the movement which aimed reflecting the large economic inequalities growing up in the country due to the greed of corporate. The democrats are quite enthusiastic about the movement and they believe that the sentiments are increasing in a rapid pace within the country. There were even more progressive democrats who showed more enthusiasm. Some of them stated that, “I’m so proud to see the Occupy Wall Street movement standing up to this rampant corporate greed and peacefully participating in our democracy” ...Download file to see next pagesRead More
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