Occupy Wall Street Movement Assignment Example | Topics and Well Written Essays - 1500 words - 1

Occupy Wall bridle-path military campaign - Assignment ExampleAs the discussion outlinesthe main motto behind this movement was to invoke spay in todays crony capitalism by raising worldwide awareness and job themselves as 99%. They claimed to use the tactics of Arab Spring that was to peacefully dissent against the unjust. An admirer of the OWS released a tv calling the youth to join the protest by gathering at lower Manhattan and occupying the Wall Street for some moths. From there other groups including the governing body, General Assembly of NYC also started joining the protest. The word of protest soon got out through the social networking sites like Twitter and Facebook. The movement soon started gaining momentum and tack together up steam within a month.This paper discusses thatthe protest that started on the Wall Street did non put forward any demand or grievances instead it brought some schedules to be viewed. The common agenda was the gap of 1% and 99% where 1% was considered to be the wealthy traders and bankers at the top of the financial go sector and the 99% was regarded to be everyone else leaving the 1% including the demonstrators or the protesters. The 1% was regarded to have a ostentatiousness sum amount of money, power and wealth and was inte moderationed in conflicting with the economic well-being of the rest of the country.The excessive compensation paid to the Wall Street traders aggravated income inequality and promoted excessive risk-taking. On the other hand this penalized the taxpayers whose money has gone into bailing out the failed banks.