Occupy Wall Street Equality

The Occupy Wall Street movement is a succession of protests that have no formal leader and no formal demands. The concept behind this form of movement is that each person

On September 17, 2011 hundreds of people began to gather in Zuccotti Park, New York which is Wall Street’s financial district under the banner “Occupy Wall Street”: these three simple words are causing an uproar in America (Engler). Additionally, these three words happen to be protesting the current status of America’s financial condition. With the economy in America being as terrible as it is, and the unemployment rate skyrocketing, it is absolutely necessary for some sort of change to occur. The Occupy Wall Street protesting is most positively a progressive step for the economic state in America and it is a step in the right direction.

Published in 2014, Matt Taibbi’s The Divide: American Injustice in the Age of the Wealth Gap explores the topic of income inequality and its relation to the criminal justice system. The Divide is in essence trying to capture the seemingly unwritten rule that different levels of wealth produces different treatment within the criminal justice system. The Divide explores this topic is several ways, first by investigating and exposing the corrupt business practices of investment banks and bankers during the 2008 financial crisis in America and subsequent time periods. The Divide explores the end result of these crimes, which ended up crippling the American economy and defrauding the American people. According to Taibbi, the end result was that a majority of these crimes were treated like administrative violations , as oppose to criminal violations, by the Justice Department and resulted in monetary fines as punishments and almost zero criminal charges filed. On the other hand, Taibbi examines how poor Americans, often Hispanic women or African Americans, are

There is no doubt that wealth inequality in America has been escalating quickly; the portion of total income earned by the top one percent has doubled since the beginning of the 1970’s. The wealthy are the main beneficiaries

The issue of income inequality is a reoccurring theme in Maria Konnikova’s article “America’s Surprising Views on Income Inequality” as well as Barbara Ehrenreich’s memoir Nickel and Dimed. To commence, Konnikova writes about the rapid growing gap between the rich and the poor. In particular, she elucidates, “Income inequality has grown by record amounts since the 2008 recession: between 2009 and 2012, incomes for the top one per cent of the population rose by more than thirty per cent, while those for the rest of the country-the bottom ninety-nine per cent-increased by less than half of one per cent” (Konnikova 1). Clearly, it is difficult for low-class individuals to make enough money to support themselves and their families. Furthermore,

In “inequality for all”, a documentary presented and narrated by Robert Reich, Reich discusses what is happening in terms of the distribution of income and wealth in the US, why it is happening, and is it a problem. “Inequality for all” is directed by Jacob Kornbluth, it premiered in 2013, and it runs for 90 minutes. Reich studied at the University of Oxford in during the late 1960’s, where he befriended future president Bill Clinton. Subsequently, they kept in touch, and in 1993, when Clinton was elected president, he reached out to Reich, to be secretary of labor. Reich was in office for the following four years, and today he is a professor at the University of California, Berkeley. For about three decades now, Reich announced that out of all developed countries, the US has the most unequal distribution of wealth, and that inequality is getting even greater in the US. In the documentary, the most compelling topics covered by Reich, are the changes that started happening in the late 1970’s, the fact that 42 percent of Americans born into poverty stay poor, and that nowadays, money controls politics.

The documentary film “Park Avenue: Money, Power, and the American Dream” directed by Alex Gibney is about the wealth gap between the rich and the poor in the United States. The documentary compares the access to opportunities of residents of Park Avenue both on the Upper East Side and in the South Bronx. The documentary includes interviews with a series of people: a doorman at 740 Park Avenue, journalist Jane Mayer, Yale University Professor Jacob Hacker, Berkeley Professor Paul Piff, and Republican advisor Bruce Bartlett. The documentary makes a compelling case that inequality exposes democracy and that the victims of inequality include not only those who find themselves in the rapidly expanding underclass, but the American dream itself.

In response to the growing inequality between rich and poor Canadians, and the growing wealth of the top 1%, the Occupy Movement took to the streets in order to protest against the accumulation of the majority of wealth by the minority of people. On October 15th, 2011, in 900 cities across the world, thousands of average citizens protested for their rights to wealth equality

At the heart of the rise of populism in the United States is the issue of inequality. The gap between the wealthy and poor has been growing at an alarming rate. In response, Americans have turned to populist leaders on both sides of the aisle, most notably Donald Trump and Bernie Sanders, for a solution. Wealth inequality poses a serious threat to future generations like mine, who, in pursuit of the American Dream, will find upward mobility nearly impossible. Disenfranchised, desire for innovation and growth will cease.

In the 21st century, the American media has portrayed the wealth inequality in the United States in a very black and white way. Poverty has become an ongoing problem and has accelerated the appalling wealth divide. In 2010, the poverty rate in the U.S. reached fifteen percent which was the highest it had reached in almost two decades. Obligations to providing equality and adequate living conditions have been removed; there is no more “moral code or ethical principle” that can be used to contradict this growing American atrocity. On one side of the spectrum there is the upper class, the esteemed one percent of the social hierarchy in our country; however, on the other side there is the desolate and extreme poor that are constantly being used

Occupy 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 backfire and increase layoffs. The burden the protestors physically place on a city is weighing down an already financially stressed situation. The mass of people and their tent lifestyle is causing a drain on city finances, and alas, the money is coming

The point of occupy movements are to get back from the one percent and give to the ninety-nine percent who are not rich in the world and those who do not make the laws and decisions of a nation. Occupy Wall Street is a people-powered movement that began September 17, 2011 and has gained actions in over 1,500 countries worldwide.The author says that “[They] call occupy wall street a constructive failure because in failure it revealed the limitations contemporary activism... [though] it did achieve some things and did have some positive outcomes”(“Occupy black lives matter”). Occupy Wall Street aims to fight back against the corrosive power of major banks and multinational corporations over the democratic process. The role of Wall Street is

Occupy Wall Street is one of the top 10 US protest movements inspired by popular revolts against authority in Egypt and Tunisia which finally led to toppling of their respective presidents. It began on 17th September 2011 in liberty square in Manhattan’s

But in the wake of an unprecedented financial crisis and the rise of various populist movements in the West, Shapiro’s arguments about income inequality in America are particularly worth re-examining. Recent surveys and political events, in fact, suggest that his claims regarding Americans’ reality-defying faith in the so-called “American Dream” remain well-founded. At the same time, however, those same

On a brisk September day in 2011, in the commercial district of Manhattan Island, a minute protest in Liberty Square commenced against the fiscal atrocities committed by economic establishments leading to the financial crisis and subsequent economic recession in 2007 and 2008. Over the course of the month, the movement protesting the miscarriage of justice and democracy following the economic catastrophe and the overall inequitable and unfair wealth distribution diffused to over 100 American cities as well as 1,500 cities worldwide. The revolutionary movement was named Occupy Wall Street and through occupying and protesting the symbolic location of the financial elite, Wall Street, the crusade aimed to “[revolt] against the corrosive power