Occupy Wall Street
Building on the momentum of the Arab Spring movements, protesters in the US are gathering in New York City’s financial district in a bid to show mass resistance against the dominance of the country’s financial system.
What started as an online campaign has translated into action on the ground, with protest organisers calling for thousands of people to “occupy Wall Street” on Saturday.
“On the 17th of September, we want to see 20,000 people flood into lower Manhattan, set up beds, kitchens, peaceful barricades and occupy Wall Street for a few months,” organisers wrote on thewww.occupywallst.org website.
“Like our brothers and sisters in Egypt, Greece, Spain, and Iceland, we plan to use the revolutionary Arab Spring tactic of mass occupation to restore democracy in America. We also encourage the use of nonviolence to achieve our ends and maximize the safety of all participants.”
The leaderless movement includes hacktivist group Anonymous among the protesters. The group released a video online calling on people to take to the streets on September 17.
Similar to the structure of the hacktivist group itself there is no defined central authority, but Twitter accounts like @AnonOps are hubs of information for those attending the protests in person and virtually.
The Stream is following events in New York City and around the globe via social media and will update the elements below as the story progresses.
You can also follow at #OccupyWallStreet
Or on Facebook
Day 12 – 28-09-11
Anyone with eyes open knows that the gangsterism of Wall Street — financial institutions generally — has caused severe damage to the people of the United States (and the world). And should also know that it has been doing so increasingly for over 30 years, as their power in the economy has radically increased, and with it their political power. That has set in motion a vicious cycle that has concentrated immense wealth, and with it political power, in a tiny sector of the population, a fraction of 1%, while the rest increasingly become what is sometimes called “a precariat” — seeking to survive in a precarious existence. They also carry out these ugly activities with almost complete impunity — not only too big to fail, but also “too big to jail.”
The courageous and honorable protests underway in Wall Street should serve to bring this calamity to public attention, and to lead to dedicated efforts to overcome it and set the society on a more healthy course.