Occupy Wall Street Movement
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The Occupy Wall Street movement was a protest that began on September 17, 2011, in New York City's Zucotti Park, located in the heart of that city's financial district. Occupy Wall Street sought to highlight numerous economic and social inequalities in American society, including greed, corruption, and the influence that large business have on the federal government.
The Slogan or the Occupy Wall Street Movement
The slogan of the Occupy Wall Street movement was "We are the 99%." This refers to the massive inequality of income distribution in the United States, where a mere 1% of the population controls most of the wealth in the country. It has been shown that the richest of the rich, the top 0.1%, controls as much as 23.5% of all U.S. wealth.
The Canadian group Adbusters originally conceived of the occupation of Wall Street in lower Manhattan, modeled after the successful protests in Tahrir Square in Egypt, part of the Arab Spring. Protestors eventually occupied Zucotti Park, private property, until police forced them out in November.
The goals of the Occupy Wall Street movement include:
- The reduction of corporate influence on politics
- More and better jobs
- Income redistribution
- Bank reform
Despite being a peaceful movement, the United States government monitored Occupy Wall Street through the FBI and Department of Homeland Security, and then coordinated a crackdown on protestors with large Wall Street financial institutions.