What caused Occupy Wall Street?
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.
When was the Occupy Wall Street movement?
The Occupy Wall Street protests began on 17 September 2011 in downtown Manhattan. On 9 October 2011, activists in cities in over 25 countries repeated calls for a global protest on 15 October. A list of events for 15 October included 951 cities in 82 countries.
What are the libertarian party beliefs?
The platform emphasizes individual liberty in personal and economic affairs, avoidance of “foreign entanglements” and military and economic intervention in other nations’ affairs, and free trade and migration. The party opposes gun control.
What is Occupy Wall Street?
Michael Moore described Occupy Wall Street as being made up of those who “have lost their jobs, their homes, their ‘American Dreams’” [1]. While the movement was composed of thousands of individuals, their backgrounds and perspectives on the issues addressed in the protest were diverse and far-reaching.
What is the NYSE and Wall Street?
The NYSE is also located there. The two biggest financial crises linked to Wall Street were the Great Depression of 1929, and the Great Recession of 2008. Wall Street includes the stock market, bond market, commodities market, futures market, and the foreign exchange market.
What is the history of the New York Stock Exchange?
It later became a street bazaar where traders met under a now-famous buttonwood tree. In 1792 these traders formalized the rules of the game and created the NYSE. Wall Street is the geographic center in New York for the nation’s largest financial companies. The NYSE is also located there.
Why did Occupy Wall Street oppose income inequality?
Occupy Wall Street opposed income inequality, in which the top percent of the world’s population owns the majority of its wealth. They blamed Wall Street for creating the financial crisis, recession, and resultant long-term unemployment.