Occupy Wall Street

[7] 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.

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.

This angered many populist and left-wing groups that viewed the ruling as a way for moneyed interests to corrupt public institutions and legislative bodies, such as the United States Congress.

[8] 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.

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.

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, Micah White and others of Adbusters, a Canadian anti-consumerist publication, who conceived of a September 17 occupation in Lower Manhattan.

[12] In a blog post on July 13, 2011,[13] 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.

[11] The U.S. Day of Rage, a group that organized to protest "corporate influence [that] corrupts our political parties, our elections, and the institutions of government", also joined the movement.

[33] Writing in 2022, historian Gary Gerstle says that the slogan "proved surprisingly appealing" in a nation that, during its neoliberal high point, often denounced ideas of class warfare.

[63] The People's Library at Occupy Wall Street was started a few days after the protest when a pile of books was left in a cardboard box at Zuccotti Park.

Since Occupy Wall Street did not have a permit, the protesters created the "human microphone" in which a speaker pauses while the nearby members of the audience repeat the phrase in unison.

[75] Having prepared for a confrontation with the authorities to prevent the cleaning effort from proceeding, some protesters clashed with police in riot gear outside City Hall after it was canceled.

[77][78] About an hour later, police in riot gear began removing protesters from the park, arresting some 200 people in the process, including a number of journalists.

[81] After the closure of the Zuccotti Park encampment, the movement turned its focus on occupying banks, corporate headquarters, board meetings, foreclosed homes, college and university campuses, and Wall Street itself.

Occupy Wall Street activists disseminated their movement updates through a variety of mediums, including social media, print magazines, newspapers, film, radio and live stream.

[92][93]The Occupied Wall Street Journal (OWSJ) was a free newspaper founded in October 2011 by independent journalists Arun Gupta, Jed Brandt and Michael Levitin.

[96] Its last article appeared in February 2012.The Occuprint collective, founded by Jesse Goldstein and Josh MacPhee, formed through the curation of the fourth and special edition of The Occupied Wall Street Journal (OWSJ).

It featured critical essays and reflections from within OWS, aiming to put the voices, experiences and issues of oppressed and marginalized communities in the front and center of the Occupy movement.

OWS demonstrators complained of thefts of assorted items such as cell phones and laptops; thieves also stole $2,500 of donations that were stored in a makeshift kitchen.

Following this, there was a DHS report entitled "SPECIAL COVERAGE: Occupy Wall Street", dated October 2011, observed that "mass gatherings associated with public protest movements can have disruptive effects on transportation, commercial, and government services, especially when staged in major metropolitan areas.

[111][112] On December 21, 2012, Partnership for Civil Justice obtained and published U.S. government documents[113] revealing that over a dozen local FBI field offices, DHS and other federal agencies monitored Occupy Wall Street, despite labeling it a peaceful movement.

[118] In a report[119] that followed an eight-month study, researchers at the law schools of NYU and Fordham accuse the NYPD of deploying unnecessarily aggressive force, obstructing press freedoms and making arbitrary and baseless arrests.

[116] In 2011, eight men associated with Occupy Wall Street were found guilty of trespassing, having intended to set up a camp on property controlled by Trinity Church.

[133] During an October 6 news conference, President Barack Obama said, "I think it expresses the frustrations the American people feel, that we had the biggest financial crisis since the Great Depression, huge collateral damage all throughout the country ... and yet you're still seeing some of the same folks who acted irresponsibly trying to fight efforts to crack down on the abusive practices that got us into this in the first place.

"[136] Republican presidential candidate Mitt Romney said that while there were "bad actors" that needed to be "found and plucked out", he believes that targeting one industry or region of America is a mistake, and said the Occupy Wall Street protests are "dangerous" and inciting "class warfare".

[150][151][152] Some publications mentioned that the Occupy Wall Street Movement failed to spark any true institutional changes in banks and in Corporate America.

[161][162][163] A 2017 book released by Brookings Institution senior fellow Richard V. Reeves called Dream Hoarders: How the American Upper Middle Class Is Leaving Everyone Else in the Dust, Why That Is a Problem, and What to Do about It, presented data which showed that "more than a third of the demonstrators on the May Day 'Occupy' march in 2011 had annual earnings of more than $100,000.

Tens of thousands of people participated in a march through New York City, demonstrating continued support for Occupy Wall Street's cause and concerns.

[172][173][174] Occupy Wall Street has been credited with reintroducing a strong emphasis on income inequality into broad political discourse and, relatedly, for inspiring the fight for a $15 minimum wage.

The anthropologist David Graeber played a leading early role in the movement and in the coining of the slogan " We are the 99% ". [ 23 ]
"We Are The 99%"
A chart showing the disparity in income distribution in the United States. [ 35 ] [ 36 ] Wealth inequality and income inequality have been central concerns among OWS protesters. [ 37 ] [ 38 ] [ 39 ]
Beginning on September 17, 2011, Zuccotti Park was occupied by protesters. [ 44 ]
Protesters engaging in the ' human microphone '
Encampment at Zuccotti Park and " People's Library " with over 5,000 books, wi-fi internet, and a reference service, often staffed by professional librarians, procuring material through the interlibrary loan system
Zuccotti Park , cleared and cleaned on November 15, 2011
Adbusters poster of Ms. Chelsea Elliott advertising the original protest
Arun Gupta, editor of Occupied Wall Street Journal holding a copy of the first issue, standing inside Zuccotti Park
Occupier holding up newspaper, covering his face. Back of paper shows Native America, with caption "Decolonize WallStreeet, Decolonize the 99%"
Occupier reading the special edition of Occupied Wall Street, with posters curated by Occuprint
An internal document of the United States Department of Homeland Security showed that the U.S. government was closely monitoring protesters.
Site where the Brooklyn Bridge Arrest took place
October 5, 2011, in Foley Square , members of National Nurses United labor union supporting OWS