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Occupy Wall Street Movement
Occupy Wall Street (OWS) was a protest movement against economic inequality and the influence of money in politics that began in Zuccotti Park, located in New York City's Wall Street financial district, in September 2011. It gave rise to the wider Occupy movement in the United States and other countries. The Canadian anti-consumerist magazine Adbusters initiated the call for a protest. The main issues raised by Occupy Wall Street were social equality, social and economic inequality, greed, corruption and the undue Regulatory capture, influence of corporations on government—particularly from the financial services sector. The OWS slogan, "We are the 99%", refers to income inequality in the United States, income and wealth inequality in the U.S. between The 1%, the wealthiest 1% and the rest of the population. To achieve their goals, protesters acted on consensus-based decisions made in General assembly (Occupy movement), general assemblies which emphasized redress through d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Occupy Movement
The Occupy movement was an international populist socio-political movement that expressed opposition to social and economic inequality and to the perceived lack of "real democracy" around the world. It aimed primarily to advance social and economic justice and different forms of democracy. The movement has had many different scopes, since local groups often had different focuses, but its prime concerns included how large corporations (and the global financial system) control the world in a way that disproportionately benefits a minority, undermines democracy and causes instability. The first Occupy protest to receive widespread attention, Occupy Wall Street in Zuccotti Park, Lower Manhattan, began on 17 September 2011. By 9 October, Occupy protests had taken place or were ongoing in over 951 cities across 82 countries, and in over 600 communities in the United States. Although the movement became most active in the United States, by October 2011 Occupy protests and occupation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Anti-consumerist
Anti-consumerism is a sociopolitical ideology that is opposed to consumerism, the continual buying and consuming of material possessions. Anti-consumerism is concerned with the private actions of business corporations in pursuit of financial and economic goals at the expense of the public welfare, especially in matters of environmental protection, social stratification, and ethics in the governing of a society. In politics, anti-consumerism overlaps with environmental activism, anti-globalization, and animal-rights activism; moreover, a conceptual variation of anti-consumerism is ''post-consumerism'', living in a material way that transcends consumerism. Anti-consumerism arose in response to the problems caused by the long-term mistreatment of human consumers and of the animals consumed, and from the incorporation of consumer education to school curricula; examples of anti-consumerism are the book ''No Logo'' (2000) by Naomi Klein, and documentary films such as '' The Corporation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Charging Bull
''Charging Bull'', sometimes referred to as the ''Bull of Wall Street'' or the ''Bowling Green Bull'', is a bronze sculpture that stands on Broadway (Manhattan), Broadway just north of Bowling Green (New York City), Bowling Green in the Financial District, Manhattan, Financial District of Manhattan in New York City. The bronze sculpture, standing tall and measuring long, depicts a bull, the symbol of bull market, aggressive financial optimism and prosperity. ''Charging Bull'' is a popular tourist destination that draws thousands of people a day, symbolizing Wall Street and the Financial District. The sculpture was created by Italian artist Arturo Di Modica in the wake of the Black Monday (1987), 1987 Black Monday stock market crash. Late in the evening of Thursday, December 14, 1989, Di Modica arrived on Wall Street with ''Charging Bull'' on the back of a truck and illegally dropped the sculpture outside of the New York Stock Exchange Building. After being removed by the Ne ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lower Manhattan
Lower Manhattan (also known as Downtown Manhattan or Downtown New York) is the southernmost part of Manhattan, the central borough for business, culture, and government in New York City, which is the most populated city in the United States with over 8.8 million residents as of the 2020 census. Lower Manhattan is defined most commonly as the area delineated on the north by 14th Street, on the west by the Hudson River, on the east by the East River, and on the south by New York Harbor. The Lower Manhattan business district, known as the Financial District (FiDi), forms the main core of the area below Chambers Street. It is a leading global center for commerce, housing Wall Street, the New York Stock Exchange, and the Federal Reserve Bank of New York. The city itself originated at the southern tip of Manhattan Island in 1624 at a point that now constitutes the present-day Financial District. The population of the Financial District alone has grown to an estimated 61,000 resid ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kalle Lasn
Kalle Lasn () (born March 24, 1942) is an Estonian-Canadian film maker, author, magazine editor, and activist. Near the end of World War II, his family fled Estonia and Lasn spent some time in a German refugee camp. At age seven he was resettled in Australia with his family, where he grew up and remained until the late 1960s, attending school in Canberra. In the late 1960s, he founded a market research company in Tokyo, and in 1970, moved to Vancouver, British Columbia, Canada. Over the course of twenty years, he produced documentaries for PBS and Canada’s National Film Board. He currently resides in Vancouver, British Columbia. He is the co-founder of ''Adbusters'' magazine and author of the books ''Culture Jam'' and ''Design Anarchy'' and is the co-founder of the Adbusters Media Foundation, which owns the magazine. He reportedly started ''Adbusters'' after an epiphany that there was something profoundly wrong with consumerism. It happened in a supermarket parking lot. Frustra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Right To Petition In The United States
In the United States the right to petition is enumerated in the First Amendment to the United States Constitution, which specifically prohibits Congress from abridging "the right of the people peaceably to assemble, and to petition the Government for a redress of grievances". Although often overlooked in favor of other more famous freedoms, and sometimes taken for granted, many other civil liberties are enforceable against the government only by exercising this basic right. According to the Congressional Research Service, since the Constitution was written, the right of petition has expanded. It is no longer confined to demands for “a redress of grievances,” in any accurate meaning of these words, but comprehends demands for an exercise by the government of its powers in furtherance of the interest and prosperity of the petitioners and of their views on politically contentious matters. The right extends to the "approach of citizens or groups of them to administrative agenc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Direct Action
Direct action originated as a political activist term for economic and political acts in which the actors use their power (e.g. economic or physical) to directly reach certain goals of interest, in contrast to those actions that appeal to others (e.g. authorities), by, for example, revealing an existing problem, highlighting an alternative, or demonstrating a possible solution. Both direct action and actions appealing to others can include nonviolent and violent activities that target persons, groups, or property deemed offensive to the action participants. Nonviolent direct action may include sit-ins, strikes, and counter-economics. Violent direct action may include political violence, assault, arson, sabotage, and property destruction. By contrast, electoral politics, diplomacy, negotiation, and arbitration are not usually described as direct action since they are electorally mediated. Nonviolent actions are sometimes a form of civil disobedience and may involve a d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
General Assembly (Occupy Movement)
General assemblies (GA) were the primary decision making bodies of the global Occupy Movement which arose in 2011. Open to all who wished to take part, ''general assemblies'' allowed for an inclusive form of direct democracy. Such assemblies aimed to establish a consensus among all participants. Assemblies were primarily voice based with different speakers addressing the crowd in turn. The specific forms adopted by the Occupy assemblies vary across the world. Most assemblies had facilitators to keep order and ensure that, if possible, everyone had their say. The larger assemblies often restricted the speakers only to ''spokespeople'' who represented smaller working groups, however each individual was still able to provide feedback, if only by means of hand signals. General assemblies had been used by the Occupy Wall Street movement since its planning stages in August 2011, and were held in Zuccotti Park during the occupation itself. The name "New York City General Assembly" was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The 1%
We are the 99% is a political slogan widely used and coined during the 2011 Occupy movement. The phrase directly refers to the income and wealth inequality in the United States, with a concentration of wealth among the top-earning 1%. It reflects an opinion that "the 99%" are paying the price for the mistakes of a tiny minority within the upper class. According to the Economic Policy Institute, as of 2019, the average wage of the top 1% was $758,434. However, the 1% is not necessarily a reference to top 1% of wage earners, but a reference to the top 1% of individuals by net worth, of which earned wages are only a fraction of the many factors that contribute to their wealth. Origin Mainstream accounts The slogan "We are the 99%" became a unifying slogan of the Occupy movement in August 2011 after a Tumblr blog "wearethe99percent.tumblr.com" was launched in late August 2011 by a 28-year-old New York activist going by the name of "Chris" together with Priscilla Grim. Chris cre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Income Inequality In The United States
Income inequality in the United States is the extent to which income is distributed in differing amounts among the American population. It has fluctuated considerably since measurements began around 1915, moving in an arc between peaks in the 1920s and 2000s, with a 30-year period of relatively lower inequality between 1950 and 1980. The U.S. has the highest level of income inequality among its (post-)industrialized peers.United Press International (UPI), June 22, 2018"U.N. Report: With 40M in Poverty, U.S. Most Unequal Developed Nation"/ref> When measured for all households, U.S. income inequality is comparable to other developed countries before taxes and transfers, but is among the highest after taxes and transfers, meaning the U.S. shifts relatively less income from higher income households to lower income households. In 2016, average market income was $15,600 for the lowest quintile and $280,300 for the highest quintile. The degree of inequality accelerated within the t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
We Are The 99%
We are the 99% is a political slogan widely used and coined during the 2011 Occupy movement. The phrase directly refers to the income and wealth inequality in the United States, with a concentration of wealth among the top-earning 1%. It reflects an opinion that "the 99%" are paying the price for the mistakes of a tiny minority within the upper class. According to the Economic Policy Institute, as of 2019, the average wage of the top 1% was $758,434. However, the 1% is not necessarily a reference to top 1% of wage earners, but a reference to the top 1% of individuals by net worth, of which earned wages are only a fraction of the many factors that contribute to their wealth. Origin Mainstream accounts The slogan "We are the 99%" became a unifying slogan of the Occupy movement in August 2011 after a Tumblr blog "wearethe99percent.tumblr.com" was launched in late August 2011 by a 28-year-old New York activist going by the name of "Chris" together with Priscilla Grim. Chris c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services
Financial services are the Service (economics), economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer finance, consumer-finance companies, brokerage firm, stock brokerages, investment management, investment funds, individual asset managers, and some government-sponsored enterprises. History The term "financial services" became more prevalent in the United States partly as a result of the Gramm-Leach-Bliley Act, GrammLeachBliley Act of the late 1990s, which enabled different types of companies operating in the U.S. financial services industry at that time to merge. Companies usually have two distinct approaches to this new type of business. One approach would be a bank that simply buys an insurance company or an investment bank, keeps the original brands of the acquired firm, and adds the Takeover, acquisit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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