Bear And Bull Market Logo
  Home | Stock Market Education | Market Trends | NYSE | AMEX | NASDAQ | Day Trading | Crash Of 1929 | Securities Exchange Commission | Black Monday 1987 | White Collar Crime | Occupy Wall Street | Occupy Wall Street Pros And Cons | Occupy Wall Street Progress And Results | Current Financial Crisis | Fundamental Analysis | Technical Analysis | Financial Advisor | Ethical Investing | Risk Management | Initial Public Offering | Penny Stocks | Precious Metals | Short Selling | Stochastics | Stock Index Funds | Stock Options | World Exchanges |   

Occupy Wall Street Progress and Results

Since the start of Occupy Wall Street on September 17th, 2011 There have been many changes and results. The main protest consisting of the tent city and campers has been dispersed by court order. The ruling included the premise that freedom of speech does not include the right to camp in the park and create a public nuisance.

The movement has progressed to many US cities. Some people call this progress and an inspiration to others. Other people consider it detrimental to society. Some questions to be answered are: What issues must be addressed? How should the issues be addressed? What are the costs and consequences of the movement? There are many other relevant questions.

The movement draws attention to political corruption, extensive lobbying and/or corporate influence in government, social, injustice, unfair taxation, unfair wages, the current unemployment rate and other issues. These are valid points which are agreed upon by many. These issues are a continuing inspiration for the movement.

Some noticeable achievements by the movement are achieving a greater public awareness of the issues and persuasion to take action. Although there are many causes of the current financial crisis, many financial institutions must accept partial responsibility due to their unethical business practices and bad business decisions. The movement has persuaded many to remove their money from such institutions and make better choices concerning their banking and financial needs.

The validity of the issues may not be questionable, but the methods have been causing problems for many. The down sides are increased arrests at movement sites, increased expenses to the cities for police budgets, clean up, and other expenses. Many businesses have experienced loss of revenue due to reluctance of customers created by the movement. There are other short and long term expenses. The movement can create improperly directed financial expenses. Some people are reconsidering if they wish to live where such behavior is tolerated.

The movement creates differences of opinion. Should one take the utilitarian viewpoint and consider the addressing of the issues as the greater good and ignore the costs and consequences? Is the movement anti-capitalistic? Are the participants, harming or helping society? Is the movement being unfair to cities, businesses, and individuals that are not responsible for the issues the movement addresses? The movement continues.