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Occupy Wallstreet

In: Business and Management

Submitted By lizgarrido
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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, the corporations, the economic elite, the 1 percent with their greed, and it criticizes the government for its complicity and its corruption. Occupy is the moralizing party of the people, asking the people to recognize themselves in it, to join it, and to make real its claim to represent the 99 percent.” This movement has not gone unnoticed. It has had serious ramifications. Thousands

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