What was the goal of Occupy Wall Street?
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.
What protest movement’s slogan was 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%.
How did the Occupy movement start?
The first protest was held at Zuccotti Park in New York City on 17 September 2011, the tenth anniversary of the re-opening of Wall Street trading after the 11 September 2001 attacks. The protests were preceded by a similar Occupy Dataran movement in Kuala Lumpur in July, seven weeks before Occupy Wall Street.
What is a social or political movement quizlet?
(A movement that represents the demands of a large segment of the public for political, economic, or social change. A Social Movement is a type of group action.
Why is movement so important?
By moving, you are strengthening your muscles, which improves stability, balance, and coordination. Don’t forget, stretching helps maintain your muscle health as well. BONES: Movement helps build more durable, denser bones.
How much money does the 1 percent have?
A September 2017 study by the Federal Reserve reported that the top 1% owned 38.5% of the country’s wealth in 2016. According to a June 2017 report by the Boston Consulting Group, around 70% of the nation’s wealth will be in the hands of millionaires and billionaires by 2021.
Does Occupy Wall Street have “leaders?
Many people in the media complain that Occupy Wall Street has no leaders and no goals. While Occupy Wall Street and its spin-offs around the nation have certainly not developed “leaders” who articulate its goals to the media or negotiate with public officials, it has already registered a formidable list of accomplishments for a movement this young.
How much did the Occupy Wall Street protests cost NYC?
Since its inception, the Occupy Wall Street protests in New York City have cost the city an estimated $17 million in overtime fees to provide policing of protests and encampment inside Zuccotti Park. On March 17, 2012, Occupy Wall Street demonstrators attempted to mark the movement’s six-month anniversary by reoccupying Zuccotti Park.
Why did the Occupy Wall Street movement start with the hashtag?
Modeled after the social media strategies that assisted the uprisings in Tunisia and Egypt especially, the “#OccupyWallStreet” hashtag was intended to quickly spread the word that on Sept. 17, 2011, 20,000 people should “flood into Lower Manhattan, set up tents, kitchens, peaceful barricades and occupy Wall Street” [source: Adbusters ].
What is the People’s library at Occupy Wall Street?
The People’s Library at Occupy Wall Street was started a few days after the protest when a pile of books was left in a cardboard box at Zuccotti Park. The books were passed around and organized, and as time passed, it received additional books and resources from readers, private citizens, authors and corporations.