Occupy Wall Street (OWS)
Definition of 'Occupy Wall Street (OWS)'
- Corporate influence on democracy
- The absence of legal repercussions for the bankers behind the recent global financial crisis
- A growing disparity in wealth.
This spawned the Occupy Wall Street (OWS) protest movement which began 17 September 2011 in Zuccotti Park which is located in New York City's Wall Street financial district. The protests are against social and economic inequality, high unemployment, greed, as well as corruption, and the undue influence of corporations—particularly from the financial services sector—on government. The protesters' slogan We are the 99% refers to the growing income and wealth inequality in the U.S. between the wealthiest 1% and the rest of the population. The protests in New York City have sparked similar protests and movements around the world.
Do you have a trading or investing definition for our dictionary? Click the Create Definition link to add your own definition. You will earn 150 bonus reputation points for each definition that is accepted.
Is this definition wrong? Let us know by posting to the forum and we will correct it.