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Occupy Movement
The Occupy movement was an international populist socio-political movement that expressed opposition to social and economic inequality and to the perceived lack of "real democracy" around the world. It aimed primarily to advance social and economic justice and different forms of democracy. The movement has had many different scopes, since local groups often had different focuses, but its prime concerns included how large corporations (and the global financial system) control the world in a way that disproportionately benefits a minority, undermines democracy and causes instability. The first Occupy protest to receive widespread attention, Occupy Wall Street in Zuccotti Park, Lower Manhattan, began on 17 September 2011. By 9 October, Occupy protests had taken place or were ongoing in over 951 cities across 82 countries, and in over 600 communities in the United States. Although the movement became most active in the United States, by October 2011 Occupy protests and occupations ...
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Global Financial Crisis
Global means of or referring to a globe and may also refer to: Entertainment * ''Global'' (Paul van Dyk album), 2003 * ''Global'' (Bunji Garlin album), 2007 * ''Global'' (Humanoid album), 1989 * ''Global'' (Todd Rundgren album), 2015 * Bruno J. Global, a character in the anime series ''The Super Dimension Fortress Macross'' Companies and brands Television * Global Television Network, in Canada ** Global BC, on-air brand of CHAN-TV, a television station in Vancouver, British Columbia, Canada ** Global Okanagan, on-air brand of CHBC-TV, a television station in Kelowna, British Columbia, Canada ** Global Toronto, a television station in Toronto ** Global Edmonton ** Global Calgary ** Global Montreal ** Global Maritimes ** Canwest Global, former parent company of Global Television Network * Global TV (Venezuela), a regional channel in Venezuela Other industries * Global (cutlery), a Japanese brand * Global Aviation Holdings, the parent company of World Airways, Inc., and North ...
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Populist
Populism refers to a range of political stances that emphasize the idea of "the people" and often juxtapose this group against " the elite". It is frequently associated with anti-establishment and anti-political sentiment. The term developed in the late 19th century and has been applied to various politicians, parties and movements since that time, often as a pejorative. Within political science and other social sciences, several different definitions of populism have been employed, with some scholars proposing that the term be rejected altogether. A common framework for interpreting populism is known as the ideational approach: this defines ''populism'' as an ideology which presents "the people" as a morally good force and contrasts them against "the elite", who are portrayed as corrupt and self-serving. Populists differ in how "the people" are defined, but it can be based along class, ethnic, or national lines. Populists typically present "the elite" as comprising the p ...
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Washington, D
Washington commonly refers to: * Washington (state), United States * Washington, D.C., the capital of the United States ** A metonym for the federal government of the United States ** Washington metropolitan area, the metropolitan area centered on Washington, D.C. * George Washington (1732–1799), the first president of the United States Washington may also refer to: Places England * Washington, Tyne and Wear, a town in the City of Sunderland metropolitan borough ** Washington Old Hall, ancestral home of the family of George Washington * Washington, West Sussex, a village and civil parish Greenland * Cape Washington, Greenland * Washington Land Philippines *New Washington, Aklan, a municipality *Washington, a barangay in Catarman, Northern Samar *Washington, a barangay in Escalante, Negros Occidental *Washington, a barangay in San Jacinto, Masbate *Washington, a barangay in Surigao City United States * Washington, Wisconsin (other) * Fort Washington (disambiguati ...
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Occupy Oakland
Occupy Oakland refers to a collaboration and series of demonstrations in Oakland, California that started in October 2011. As part of the Occupy movement, protestors have staged occupations, most notably at Frank H. Ogawa Plaza in front of Oakland City Hall. Occupy Oakland began as a protest encampment at Frank H. Ogawa Plaza on October 10, 2011. Protestors renamed it Oscar Grant Plaza after a young man who was fatally shot by Bay Area Rapid Transit Police in 2009. The encampment was cleared out by multiple law enforcement agencies on October 25, 2011. The movement also helped spur the November 2, 2011 Oakland General Strike that shut down the Port of Oakland. Police again cleared the protest encampment at Frank Ogawa Plaza on November 14, 2011. Other protest encampments were created and subsequently dismantled by law enforcement. The last encampment at Snow Park was cleared on November 21, 2011. Occupy Oakland then had no physical presence in any public space overnight in t ...
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Lower Manhattan
Lower Manhattan (also known as Downtown Manhattan or Downtown New York) is the southernmost part of Manhattan, the central borough for business, culture, and government in New York City, which is the most populated city in the United States with over 8.8 million residents as of the 2020 census. Lower Manhattan is defined most commonly as the area delineated on the north by 14th Street, on the west by the Hudson River, on the east by the East River, and on the south by New York Harbor. The Lower Manhattan business district, known as the Financial District (FiDi), forms the main core of the area below Chambers Street. It is a leading global center for commerce, housing Wall Street, the New York Stock Exchange, and the Federal Reserve Bank of New York. The city itself originated at the southern tip of Manhattan Island in 1624 at a point that now constitutes the present-day Financial District. The population of the Financial District alone has grown to an estimated 61,000 resid ...
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Zuccotti Park
Zuccotti Park (formerly Liberty Plaza Park) is a publicly accessible park in the Financial District of Lower Manhattan, New York City. It is located in a privately owned public space (POPS) controlled by Brookfield Properties and Goldman Sachs. Zuccotti Park is bounded by Broadway to the east, Liberty Street to the north, Trinity Place to the west, and Cedar Street to the south. The park was created in 1968 by Pittsburgh-based United States Steel, after the property owners negotiated its creation with city officials. It was named Liberty Plaza Park because it was situated one block south of One Liberty Plaza. The park's northwest corner is across the street from Four World Trade Center. It has been popular with local tourists and financial workers. The park was heavily damaged in the September 11 attacks and subsequent recovery efforts of 2001. The plaza was later used as the site of several events commemorating the anniversary of the attacks. After renovations in 2006, th ...
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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. The Canadian anti-consumerist magazine Adbusters initiated the call for a protest. The main issues raised by Occupy Wall Street were social and economic inequality, greed, corruption and the undue influence of corporations on government—particularly from the financial services sector. The OWS slogan, " We are the 99%", refers to income and wealth inequality in the U.S. between the wealthiest 1% and the rest of the population. To achieve their goals, protesters acted on consensus-based decisions made in general assemblies which emphasized redress through direct action over the petitioning to authorities. The protesters were forced out of Zuccotti Park on November 15, ...
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Global Financial System
The global financial system is the worldwide framework of legal agreements, institutions, and both formal and informal economic actors that together facilitate international flows of financial capital for purposes of investment and trade financing. Since emerging in the late 19th century during the first modern wave of economic globalization, its evolution is marked by the establishment of central banks, multilateral treaties, and intergovernmental organizations aimed at improving the transparency, regulation, and effectiveness of international markets. In the late 1800s, world migration and communication technology facilitated unprecedented growth in international trade and investment. At the onset of World War I, trade contracted as foreign exchange markets became paralyzed by money market illiquidity. Countries sought to defend against external shocks with protectionist policies and trade virtually halted by 1933, worsening the effects of the global Great Depression until a ...
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Corporatocracy
Corporatocracy (, from corporate and el, -κρατία, translit=-kratía, lit=domination by; short form corpocracy) is an economic, political and judicial system controlled by corporations or corporate interests. The concept has been used in explanations of bank bailouts, excessive pay for CEOs, as well as complaints such as the exploitation of national treasuries, people, and natural resources. It has been used by critics of globalization, sometimes in conjunction with criticism of the World Bank or unfair lending practices, as well as criticism of free trade agreements. Corporate rule is also a common theme in dystopian science-fiction media. Use of "corporatocracy" and similar ideas Historian Howard Zinn argues that during the Gilded Age in the United States, the U.S. government was acting exactly as Karl Marx described capitalist states: "pretending neutrality to maintain order, but serving the interests of the rich". According to economist Joseph Stiglitz, there ...
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Economic Justice
Justice in economics is a subcategory of welfare economics. It is a "set of moral and ethical principles for building economic institutions". Economic justice aims to create opportunities for every person to have a dignified, productive and creative life that extends beyond simple economics. Models of economic justice frequently represent the ethical-social requirements of a given theory, whether "in the large", as of a just social order, or "in the small", as in the equity of "how institutions distribute specific benefits and burdens". That theory may or may not elicit acceptance. In the Journal of Economic Literature classification codes 'justice' is scrolled to at JEL: D63, wedged on the same line between ' Equity' and 'Inequality' along with 'Other Normative Criteria and Measurement'. Categories above and below the line are Externalities and Altruism. Some ideas about justice and ethics overlap with the origins of economic thought, often as to distributive justice a ...
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Social Justice
Social justice is justice in terms of the distribution of wealth, opportunities, and privileges within a society. In Western and Asian cultures, the concept of social justice has often referred to the process of ensuring that individuals fulfill their societal roles and receive their due from society. In the current movements for social justice, the emphasis has been on the breaking of barriers for social mobility, the creation of safety nets, and economic justice. Social justice assigns rights and duties in the institutions of society, which enables people to receive the basic benefits and burdens of cooperation. The relevant institutions often include taxation, social insurance, public health, public school, public services, labor law and regulation of markets, to ensure distribution of wealth, and equal opportunity. Interpretations that relate justice to a reciprocal relationship to society are mediated by differences in cultural traditions, some of which em ...
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Democracy
Democracy (From grc, δημοκρατία, dēmokratía, ''dēmos'' 'people' and ''kratos'' 'rule') is a form of government in which the people have the authority to deliberate and decide legislation (" direct democracy"), or to choose governing officials to do so (" representative democracy"). Who is considered part of "the people" and how authority is shared among or delegated by the people has changed over time and at different rates in different countries. Features of democracy often include freedom of assembly, association, property rights, freedom of religion and speech, inclusiveness and equality, citizenship, consent of the governed, voting rights, freedom from unwarranted governmental deprivation of the right to life and liberty, and minority rights. The notion of democracy has evolved over time considerably. Throughout history, one can find evidence of direct democracy, in which communities make decisions through popular assembly. Today, the domi ...
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