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Occupy Movement - Essay Example

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Summary
Israel animosity and the Arab Spring was part of cause of the Occupy movement in the United States. The Palestine vs. Israel animosity led to a deficiency of substantial choices for a consumer which is the fuel that drives the Occupy movement. The occupy…
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Occupy Movement
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Occupy Movement

Download file to see previous pages... In the recent years this movement has seen arrests, police raids and police brutality during their activities. This movement is seen as an organization that is voicing out the overwhelming grievances of the working class majority (Fleming 54).
The Occupy Movement begun by targeting Wall Street due to its role in the 2008 economic meltdown that led to the commencing of the great recession. This great recession saw thousands of Americans lose their jobs and even their homes due to foreclosures. Occupy movement are of the view that Wall Street’s perilous loaning services that involve mortgage-backed securities which in the long-run do not bring in any returns, was the major cause of the meltdown. They are also of the view that the government bailout ruptured a sense of propriety. According to followers of this movement Wall Street recklessly and without insight violated the credit default swap market. and the volatility of the market ought to have been realized earlier. They demand that action be taken against the people in Wall Street who were directly linked to this.
The movement has been mostly criticized due to the fact that most of its followers have different messages and goals concerning the movement. However, I believe that although this is true whereby different followers have different viewpoints regarding the movement, the fundamental message of the Occupy Movement is quite coherent. Douglas Rushkoff who is a CNN reporter stipulated that although the followers of the movement have not yet reached the point of outlining an exact list of grievances or the best way to solve them anybody of the opinion that they do not understand what this people are protesting about is being a blatant liar (Times 27).
Whether or not we are of their opinion, it is clear what they are distraught about and that they are fighting for a just cause. It is well known that investment bankers who carry out their activities in Wall Street are continuously ...Download file to see next pagesRead More
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