Occupy Wall Street

2011 CE.

Shown on the map at 40.709°, -74.011°.

Occupy Wall Street (O.W.S.) was a left-wing populist and progressive movement against economic inequality, capitalism, corporate greed, big finance, and the influence of money in politics. It 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 unlimited amounts on independent political expenditures without government regulation.

Text from the Wikipedia article Occupy Wall Street, licensed CC BY-SA 4.0.

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