What is the 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.
What is the purpose of the Occupy movement?
The Occupy movement was an international populist socio-political movement that expressed opposition to social and economic inequality and to the lack of perceived “real democracy” around the world. It aimed primarily to advance social and economic justice and new forms of democracy.
Why was Wall Street created?
How Wall Street Works. Wall Street includes the stock market, bond market, commodities market, futures market, and the foreign exchange market. The original purpose of the securities market was to raise funds for companies to grow, be profitable, and create jobs.
What is the Occupy Wall Street movement?
Occupy Wall Street was another reaction to the financial crisis. Its “leaderless resistance movement” began on Sept. 17, 2011, with a non-violent occupation of Liberty Square in New York’s Financial District. It spread to over 1,500 cities around the world. 1
What is the significance of Wall Street?
Updated January 21, 2019. Wall Street is both the symbolic and geographic center of American capitalism. Symbolically, Wall Street refers to all the banks, hedge funds, and securities traders that drive the American financial system. Geographically, Wall Street is the center of Manhattan’s financial district.
What did Occupy Wall Street do for the minimum wage?
Its call for a higher national minimum wage was taken up by many cities, states, and corporations. The Occupy movement also influenced lawmakers to look at forgiving student debt. Occupy Wall Street. ” About .”
Did social media change the nature of participation in Occupy Wall Street?
As social media expanded the range of channels for participation in Occupy Wall Street, it also changed the nature of the public that joined. Extrapolating from the work of anthropologist Jeffrey S.