Occupy Wall Street Movement
January 27, 2013
Occupy Wall Street (OWS) began their movement September 17, 2011 in Zuccotti Park (formerly known as Liberty Park) in lower Manhattan, NY and has been adopted in other states as well as other countries. The primary issues the movement is concerned about are the following: social and economic corruption expanding through inequality, greed, and influence throughout corporations and government officials. This comes on the heels of the great bail out of banks, mortgagers, insurance companies and many other financial institutions to a tune of $1.6 trillion in 2008 and $142.2 billion in 2009 (Nankin, 2009). OWS activist perceive the rich or the 1% have obtained their wealth dishonestly at the expense of others, without any regard to the impact on the 99%. “The main moral foundation of OWS is fairness, followed by care and liberty. Loyalty, authority, and sanctity, by contrast, were very little in evidence.” (Haidt, 2012)
Utilitarian’s believe that actions are determined right or wrong by the standard of greatest happiness outcome for everyone affected; also known as consequentialist theory. OWS activist see the 1% receiving the greatest happiness compared to the 99%; which under Utilitarian belief would be wrong since the largest affected would be unhappy with the outcome, based on consequences and degree of discomfort. The utilitarian theory of justice that the economic system should bring more good to society with a more equal distribution of income and worker participation promoting a fuller development and well-being of the people involved. (Shaw, 2011, pp. 99-100) The OWS activist are more utilitarian in this aspect wanting forgiveness for student loans, wealth spread evenly among all, justice for social exclusions and oppression from corporate greed. Conversely, those who are Utilitarian in the OWS movement have not provided clear and objective ways of solving the issues creating realistic and moral decision...