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Concept
Occupy Wall Street
Summary
Occupy Wall Street (OWS) was a 59-day left-wing populist movement against economic inequality and the influence of money in politics that had begun in Zuccotti Park, located in New York City's Wall Street financial district, and lasted from September 17 to November 15, 2011. The protests gave rise to the wider Occupy movement in the United States and other Western 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, 2011. Protesters then turned their focus to occupying banks, corporate headquarters, board meetings, foreclosed homes, college and university campuses and social media.
The original protest was called for by Kalle Lasn and others of Adbusters, a Canadian anti-consumerist publication, who conceived of a September 17 occupation in Lower Manhattan. The first such proposal appeared on the Adbusters website on February 2, 2011, under the title "A Million Man March on Wall Street." Lasn registered the OccupyWallStreet.org web address on June 9. The website redirected to www.adbusters.org/campaigns/occupywallstreet and www.adbusters.org/occupywallstreet, but is now "Not Found". In a blog post on July 13, 2011, Adbusters proposed a peaceful occupation of Wall Street to protest corporate influence on democracy, the lack of legal consequences for those who brought about the global crisis of monetary insolvency, and an increasing disparity in wealth.
Official source
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