ABSTRACT OCCUPY WALLSTREET 2

The Occupy Wall St. movement started off slow around Sepember 2011. Just as shy as a few short weeks, movements started to appear at countless locations. This movement seemed to come hurdling in kantian stlye. This movement has a great deal to offer the careful observer. By looking at the history of the Occupy Movement and its emergence out of a chaotic and complex enviroment, it exposes the unethnical practices for business and decision making.It starts to grab ones attention when they learn so much from a complexity science that can be applied to this movement. With unethnical stock broking and the federal reserve managing to tilt state policy, capitalism has failed to serve the whole of society. It exposed our corrupt corporations and influenced the 99 percent to start with change within. This is the flame that burned everyone up and out to attend the Occupy Wallstreet movement.

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OCCUPY WALL STREET

Damon Mathis

10-25-2012

Professor Lia , Business Ethnics , Strayer University.

OCCUPY WALLSTREET 3 Massive demonstrations have a place in society: many people get more attention than a few. And if you want to make a point make a splash. The more people the more splash. But they’re ethically troublesome. Which brings me to my next point. Kantian ethnics I feel- was used in this type of ethnical behavior. I feel like the people involved based there judgement on this type of ethnicity. Motive was the most important fact to tell whats ethnical- performed out a sense of duty. Utilitarian ethnics means to maximize effects for the greatest good of the people. Demonstarting only brings awareness to the ethnical situation happing on wallstreet and therfore has no role in the demonstrations lead by protesters.Virtue ethnics imphasizes the role that ones charater embodies to determine or evaluate ethnical behavior.

Many in the Occupy Wall Street crowd have stated their intention to stay indefinitely. That’s especially troublesome. One- or two-day demonstrations can be policed and controlled, and with forbearance on all sides can end peacefully. But where there’s no time limit impatience and irritability can build up and inevitably lead to confrontation, and usually ends in violence.
America is a nation of laws, and when the laws don’t serve the country well it’s up to the lawmakers to change them. And the lawmakers must be able to operate without being under threat of violence—no matter how much you may want to brain Eric Cantor (just to name one lawmaker).
So a one-day demonstration is OK if its organizers take care to control it. An unlimited demonstration is not. One of the best tests of whether an act is ethical is the categorical imperative of Immanuel Kant: an act is ethical only if it would be acceptable for universal practice. If everybody in the world demonstrated against corporate greed there would be anarchy and chaos

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In my opinion and research, Its seems the problems that we are facing points fingers directly at the Federal reserve and the Corporations that buy our politicians. These forces are the deciding factors on how the 99 percent are directly affected(Congressional Research srvice 2012). Over the past four decades, overall income inequality has increased in the U.S. One particularly striking feature of the data is that the income gap has widened most between the top and the middle of the distribution, while it has remained relatively stable between the middle and the bottom. The causal forces behind the increase in inequality have been a topic of much debate among the public, the media, and policymakers (see, for example, Yellen 2006), as well as a rich field of research for economists.
Underlying these inequality trends are considerable differences across regions. Relating these differences to regional characteristics could help identify the sources of national growth in inequality; yet, surprisingly little research has done so. One exception, though now somewhat dated, is Topel (1994), who looked at the nine major regions of the U.S. and explored how the cross-regional variation in the demand for and supply of skilled labor, immigration, female labor force participation, and technical change can explain the regional variation in the growth of income inequality.
The synopsis: The Fed facilitates deficit spending by government and fractional reserve lending by banks, both of which create money out of nothing and spend it into the economy. This dilutes the value of existing currency, making it all tantamount to an invisible tax. Because of legal tender laws, the Fed has a monopoly on currency issuance, which means that the only way to get money into the economy is through its debt instruments (the co-opted "dollar", which is no longer a "dollar"). Either government has to "deficit spend" it into existence, or banks have to loan it into existence. Either way, new dollars get their value by comingling worthless notes in with actual wealth. OCCUPY WALLSTREET 5

So if you are either government connected or dependent or else bank connected (i.e., credit worthy), you are at a distinct advantage, as you can use the newly counterfeited currency at its higher value, long before price inflation takes effect. A gold standard under the Fed (as it originally was) would be virtually meaningless, so long as deficit spending and fractional reserve lending are allowed. A gold standard as a separate competing currency, with no fractional reserve lending or other legal counterfeiting allowed to debase it, would provide a safe haven for those who have no confidence in the Fed dollar, and would provide at least one check and balance against the Fed for its reckless moves with interest rates and the money supply in a currency we are all locked into using.
"Banking was conceived in iniquity and born in sin. Bankers own the Earth. Take it away from them but leave them the power to create money, and, with the flick of a pen, they will create enough money to buy it back again. Take this great power away from them and all great fortunes like mine will disappear and they ought to disappear, for then this would be a better and happier world to live in. But, if you want to continue to be the slave of the bankers and pay the cost of your own slavery, then let the bankers continue to create money and control credit." - Sir Josiah Stamp, President, Bank of England (2nd richest man in England)

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No matter how you slice it, when it comes to income and wealth in America the rich get most of the pie and the rest get the leftovers. The numbers are shocking. Today the top 1 percent of Americans control 43 percent of the financial wealth (see the pie chart below) while the bottom 80 percent control only 7 percent of the wealth. Incredibly, the wealthiest 400 Americans have the same combined wealth as the poorest half of Americans -- over 150 million people(Global research.org).

Over the past 30 years the rich in America have become a lot richer, while many millions of Americans have seen their income stagnate or decline. As Warren Buffett, the second richest man in America, famously said, “There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.”
With Tax Day fast approaching and deficit reduction all the rage, one fact deserves significant attention: the wealthy are enjoying some of the lowest taxes in generations. The Figure shows the average tax rate in 1979, 1992, and 2007, as well as the tax rate for the top 1% of households, and the top 400 households (who have an average annual income of nearly $350 million). Since 1979, the country’s overall average tax rate—the share of income paid in taxes—has fallen slightly, but for those at the top of the earnings ladder this share has fallen dramatically.

This diminished tax burden on the wealthiest has contributed to the historically low federal revenue levels we are seeing today, and in turn, to higher deficits.

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Kill Captilism is my opinion with it all. For capitalists who keeps resources only for themselves - All things for all men, since all men have need of them, since all men worked to produce them in the measure of their strength, and since it is not possible to evaluate everyone's part in the production of the world's wealth... All is for all!"

For a long time we assumed that our economic woes were the private problems of our own family, and not part of a larger story. Our generation, busy in the here and now, betting on the opening hour for the next war, must understand what lies in ambush in the future. Today's young adults increasingly rely on their parents' support, but may not be able to help their parents in their old age. Today's young adults will not have a pension that allows them to grow old in dignity or a safety net to protect them. If the country continues to follow the current leadership down this destructive path, when we reach our grandparents' age, public systems that provide services to the general public will be old wives' tales, a lost memory.
Claims of efficiency cannot justify the elderly woman who cuts her medication in half each morning so that she will have some for tomorrow.
Arguments for free markets cannot justify the elderly man who cannot go to the doctor, because there is no bench to sit on while he waits at the bus stop.
We can still fix it. We can become a more compassionate society.
But compassion is not enough. The trail blazing research of Prof. Richard Wilkinson and Prof. Kate Pickett on inequality and its influence on society at large, reveals a connection between social gaps and mental and physical malaise, both among those at the top and those at the bottom. Unequal societies suffer higher rates of crime, mutual suspicion, violence and disease. Contrary to expectations, it is not OCCUPY WALLSTREET 8

Contrary to expectations, it is not only the weak who suffer these phenomena. All members of a society afflicted with inequality will suffer -- rich and poor. In other words: we are not disconnected from each other, and what happens to one segment of the population affects everybody.
Many studies emphasize today the connection between social ties, good health, and longevity. We need meaning and connection in our lives. We should be investing in social capital by supporting community centers and opportunities for study and cultural enrichment.
We can still fix it. We must have the will to readjust our priorities and the way we allocate public resources.
We need systems that provide high quality basic services - medical and dental care, transportation and communications -- and effective counseling services to access them.
Investment in such services is an investment in our mutual responsibility as a society. In a society that values solidarity, I watch over you and you watch over me. You will catch me when I fall, and I will in my turn catch you. This is the meaning of solidarity, one of the most beautiful discoveries of human society and once the pride of society.
For those of us who hoped that Occupy Wall Street might rise to the moment and produce a leader or leaders to fill the dangerous vacuum in leadership in this country, the insistence on a leaderless revolution was a huge mistake; so too was the rejection of all issues or goals. The result is that we have seemingly squandered a movement of incredible power and promise.

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The real problems we face as a country—the corruption of our political process, the decimation of the middle class, and the malaise of decline—persist. The establishment in Washington and Wall Street breathe a sigh of relief and seem more set in their ways then ever. Congress is paralyzed. Meanwhile, the wheels of finance are turning again. The failure of a popular movement that might have challenged the status quo has left those in power more secure in their privileges. From the winds of change, it seems we have settled into a desert of despair.

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References
Congressional Research Service (posted an article about Occupy Wallstreet)

Global research.org (posted an article about Occupy Wallstreet)

The New York Times (posted an article about Occupy Wallstreet)

Too Big To Fail by (Andrew Ross Sorkin)

Benjamin Fulford (Forbes reporter)