Anyone who has worked on or near Wall Street, or who knows people who do, can describe Wall Street subculture in familiar sociological terms. For instance, as a subculture, Wall Street represents a "set of values, behavior and attitudes of a particular group of people who are distinct from, but related to, the dominant culture in society," (Bilton, cited on the University of Canterbury website)
There is not a single person or act of legislation that it targets. Here, it is described as "Friends worry the movement is good-willed but amorphous and aimless, while critics dismiss it as another eruption of hippie anarchism -- complaining the kids, who standing for nothing, want to tear down everything," (Barber 1)
In the decade of the recession, economic crisis has led to a majority of Americans disdaining the financial institutions and elitist capitalists that got us so entrenched in the recession in the first place. Today's capitalism serves only an elite few and "the liberal state is structurally constrained to represent the economic and political interests of the capitalist class," (Jenkins & Brents 906)
However, there are many ways in which the Occupy Wall Street movement actually differs from traditional protests. Essentially, the research here states that "Protests are often symbolic statements with important elite or institutional support, not disruptive challenges to public order," (Oliver & Maney 468)
The movement is different in that it lacks a clearly defined objective that revolves around a single entity or mission. Again, the research posits that "It models a new collectivism, picking up on the sustainable protest village of the movement's Egyptian counterparts, with food, first aid, and a library," (Rushkoff 1)
By using non-violent sit ins and marches, the movement is in many ways embodying elements of traditional nonviolent actions that have been used time and time again in this country, most notably during the Civil Rights era. Essentially, "the term nonviolent action refers to those methods of protest, noncooperation, and intervention in which the actionists, without employing physical violence, refuse to do certain things which they are expected, or required, to do," (Sharp 2)
They shared their growing fears about continuous economical instabilities and class fragmentation has corrupted their past and present lives and how it would affect their futures adversely. (Gelder, 16) The protestors said they have gathered for the right of 99% of the population who are being made fools by just 1% who controls 40% of U
19 Million people are in extreme poverty among which 1/3 are young children who are deprived from all necessities of life like education, healthy food, shelter or proper health care. (Greenberg, 2012)Moreover the income of mediocre class have made any significant increase in last 30 years, in fact strategies are adopted to squeeze them down to poor level
This is not only suffocating their present but would freeze their future to death. (Meyer, 2011)U
ECONOMIC IMPLICATIONS: Globalization has made this world interconnected and interdependent and if one goes wrong, it undermines the success of the entire globe. (Moore, 2011) Pointless wars, Class-Discrimination, Saturated wealth, Unemployment, Financial downfall and Excessive Political Dominancy have stirred aggression in people against so-called democratic governance
The protest was against economic inequality and wealth disparity and it was named after Wall Street as it is the main financial district and a home for world's leading stock exchanges like New York Stock Exchange, New York Mercantile Exchange, NASDAQ and the New York Board of Trade. (Schrager Lang, 2011)The seed of protest was sown in July 2011 through an internet blog by Adbusters Foundation, a Canadian Anti-consumerist Magazine, which provoked public for a peaceful protest against the growing class-disintegration within America
Mill suggests that happiness is the absence of pain and actions should only be judged when consequences are significant enough to bring change in agent's life, change is normal as far as agent is persuaded but not compelled. But if economic implication identified above is concerned then Utilitarian theory gives a way to go along because (Zteacher, 2011) Utilitarian Capitalist System would implement federal to government to simmer down some traditional jobs to private sector which would stop all sectors from power saturation but the consequence would be more alarming because if private sectors grow higher than public then government gets failed to implement power and control over it
co.uk/world/2012/sep/16/occupy-wall-street-returns-nypd-arrest (Occupy Wall Street Movement, 2013) (Williams, 2012) (Steller, 2011) (Steller, 2011) (SORKIN
co.uk/world/2012/sep/16/occupy-wall-street-returns-nypd-arrest (Occupy Wall Street Movement, 2013) (Williams
Usually, but not always, one party to a civil contract agrees to perform a service or provide certain goods for which the other party agrees to pay an amount specified in the contract. Where one party refuses to perform his obligations required under the terms of a valid contract, this violation breaches the contract (Miller, 1988)
By the 1990s, institutions accounted for more than 90% of the trading volume on the NYSE, and yet professional investors participated in several distinct speculative movements from the 1960s through the 1990s. In each case, professional institutions bid actively for stocks not because they felt such stocks were undervalued under the firm foundation principles, but because they anticipated that some greater fools would take the shares off their hands at even more inflated prices (Yan, p
The Wall Street Journal will offer new color creative options, color pages, color center spreads, color half pages and 4-page and 8-page color center pullouts. Paid subscribers for the Wall Street Journal on March 31, 2001 were 1,943,601 (Goldstein 2001)
The Wall Street Journal will offer new color creative options, color pages, color center spreads, color half pages and 4-page and 8-page color center pullouts. Paid subscribers for the Wall Street Journal on March 31, 2001 were 1,943,601 (Goldstein 2001)
The Wall Street Journal will offer new color creative options, color pages, color center spreads, color half pages and 4-page and 8-page color center pullouts. Paid subscribers for the Wall Street Journal on March 31, 2001 were 1,943,601 (Goldstein 2001)
The Wall Street Journal will offer new color creative options, color pages, color center spreads, color half pages and 4-page and 8-page color center pullouts. Paid subscribers for the Wall Street Journal on March 31, 2001 were 1,943,601 (Goldstein 2001)