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Occupy Movement
The Occupy movement was an international populist Social movement, socio-political movement that expressed opposition to Social equality, social and economic inequality and to the perceived lack of real democracy around the world. It aimed primarily to advance Social justice, 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 Corporatocracy, 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 List of Occupy movement protest locations, over 951 cities across 82 countries, and in over 600 communities in the United States. Although ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2008 Financial Crisis
The 2008 financial crisis, also known as the global financial crisis (GFC), was a major worldwide financial crisis centered in the United States. The causes of the 2008 crisis included excessive speculation on housing values by both homeowners and financial institutions that led to the 2000s United States housing bubble, exacerbated by predatory lending for subprime mortgages and deficiencies in regulation. Cash out refinancings had fueled an increase in consumption that could no longer be sustained when home prices declined. The first phase of the crisis was the subprime mortgage crisis, which began in early 2007, as mortgage-backed securities (MBS) tied to U.S. real estate, and a vast web of Derivative (finance), derivatives linked to those MBS, collapsed in value. A liquidity crisis spread to global institutions by mid-2007 and climaxed with the bankruptcy of Lehman Brothers in September 2008, which triggered a stock market crash and bank runs in several countries. The crisis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Populist
Populism is a contested concept used to refer to a variety of political stances that emphasize the idea of the " common people" and often position this group in opposition to a perceived 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 assuming a pejorative tone. 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. Etymology and terminology The term "populism" has long been subject to mistranslation and used to describe a broad and often contradictory array of movements and beliefs. Its usage has spanned continents and contexts, leading many scholars to characterize it as a vague or overstretched concept, widely invoked in political discourse, yet inconsistently defined and p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Occupy Oakland
Occupy Oakland refers to a collaboration and series of Demonstration (people), demonstrations in Oakland, California, Oakland, California, that started in October 2011. As part of the Occupy movement, protesters have staged Occupation (protest), 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. Protesters renamed it Oscar Grant Plaza after a young man who was fatally shot by Bay Area Rapid Transit Police Department, 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 2011 Oakland general strike, 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 e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lower Manhattan
Lower Manhattan, also known as Downtown Manhattan or Downtown New York City, is the southernmost part of the Boroughs of New York City, New York City borough of Manhattan. The neighborhood is History of New York City, the historical birthplace of New York City and for its first 225 years was the entirety of the city. Lower Manhattan serves as Government of New York City, the seat of government of both Manhattan and the entire City of New York. Because there are no municipally defined boundaries for the neighborhood, a precise population cannot be quoted, but several sources have suggested that it was one of the fastest-growing locations in New York City between 2010 and 2020, related to the influx of young adults and significant development of new housing units. Despite various definitions of Lower Manhattan, they generally include all of Manhattan, Manhattan Island south of 14th Street (Manhattan), 14th Street, with the Bowling Green (New York City), Bowling Green and The Batte ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zuccotti Park
Zuccotti Park (formerly Liberty Plaza Park) is a publicly accessible park in the Financial District of Lower Manhattan in 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 20 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Occupy Wall Street
Occupy Wall Street (OWS) was a left-wing populist movement against economic inequality, capitalism, corporate greed, big finance, and the influence of money in politics that began in Zuccotti Park, located in New York City's Financial District, and lasted for fifty-nine days—from September 17 to November 15, 2011. The motivations for Occupy Wall Street largely resulted from public distrust in the private sector during the aftermath of the Great Recession in the United States. There were many particular points of interest leading up to the Occupy movement that angered populist and left-wing groups. For instance, the 2008 bank bailouts under the George W. Bush administration utilized congressionally appropriated taxpayer funds to create the Troubled Asset Relief Program (TARP), which purchased toxic assets from failing banks and financial institutions. The U.S. Supreme Court ruling in '' Citizens United v. FEC'' in January 2010 allowed corporations to spend unlimi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Global Financial System
The global financial system is the worldwide framework of legal agreements, institutions, and both formal and informal agent (economics), economic action that together facilitate international flows of financial capital for purposes of investment and trade finance, 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, multilateralism, multilateral treaty, treaties, and intergovernmental organizations aimed at improving the transparency (market), transparency, financial regulation, 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 poli ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corporatocracy
Corporatocracy or corpocracy is an economic, political and judicial system controlled or influenced by business corporations or corporate Interest group, interests. The concept has been used in explanations of bank bailouts, excessive pay for Chief Executive Officer, CEOs, and the exploitation of national treasuries, people, and Exploitation of natural resources, 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 Evil corporation, also a common theme in dystopian science-fiction media. Forms of corporatocracy Corporatocracy can manifest in different forms, varying according to the degree of involvement of corporations in the political and social sphere, for example: *Crony capitalism, in which corporations obtain favors and privileges from the state in exchange for funding or political support; *Connivance capit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Justice
Economic justice is a component of social justice and welfare economics. It is a set of moral and ethical principles for building economic institutions, where the ultimate goal is to create an opportunity for each person to establish a sufficient material foundation upon which to have a dignified, productive, and creative life. Justice in economics is a subcategory of social justice and 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 classificat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Social Justice
Social justice is justice in relation to the distribution of wealth, opportunities, and privileges within a society where individuals' rights are recognized and protected. 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. Modernist interpretations that relate justice to a reciprocal relationship to society a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Democracy
Democracy (from , ''dēmos'' 'people' and ''kratos'' 'rule') is a form of government in which political power is vested in the people or the population of a state. Under a minimalist definition of democracy, rulers are elected through competitive Election, elections while more expansive or maximalist definitions link democracy to guarantees of civil liberties and human rights in addition to competitive elections. In a direct democracy, the people have the direct authority to Deliberation, deliberate and decide legislation. In a representative democracy, the people choose governing officials through elections to do so. The definition of "the people" and the ways authority is shared among them or delegated by them have changed over time and at varying rates in different countries. Features of democracy oftentimes include freedom of assembly, freedom of association, association, personal property, freedom of religion and freedom of speech, speech, citizenship, consent of the governe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
