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Occupy Wall Street

2011 American protest movement

  • 28 min read
  • 9 chapters
Rage Against the Machine guitarist Tom Morello playing a set on Day 28 of Occupy Wall Street in New York.
David Shankbone · CC BY 3.0

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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. There were many particular points of interest leading up to the Occupy movement that angered populist and left-wing groups. For instance, the 2008 bank bailouts under the George W. Bush administration utilized congressionally appropriated taxpayer funds to create the Troubled Asset Relief Program (TARP), which purchased toxic assets from failing banks and financial institutions. 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. Many viewed the ruling as a way for moneyed interests to corrupt public institutions and legislative bodies, such as the United States Congress.

The protests gave rise to the wider Occupy movement in the United States and other Western countries. The Canadian anti-consumerist magazine Adbusters initiated the call for a protest. 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. The OWS slogan, "We are the 99%", refers to income and wealth inequality in the U.S. between the wealthiest 1% and the rest of the population. 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.

The protesters were forced out of Zuccotti Park on November 15, 2011. Protesters then turned their focus to occupying banks, corporate headquarters, board meetings, foreclosed homes, college and university campuses, and social media.

Origins

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. The call for action reflected growing anger in the public after the 2008 financial crisis. The first such proposal appeared on the Adbusters website on February 2, 2011, under the title "A Million Man March on Wall Street". This early framing showed that the protest was intended not only as a single demonstration, but also as a broader challenge to the relationship between finance and political authority in the U.S. The planning of the protest used tactics seen at other protest movements, including things such as public assembly, symbolic occupation, and decentralized organizing. Lasn registered the OccupyWallStreet.org web address on June 9, which redirected to a #OccupyWallStreet page on the Adbusters website. On July 13, 2011, in a blog post titled "A worldwide shift in revolutionary tactics", Adbusters proposed a peaceful occupation of Wall Street to protest corporate influence on democracy, the perceived lack of legal consequences for those who brought about the global crisis of monetary insolvency, and an increasing disparity in wealth, envisioned as "a fusion of Tahrir with the acampadas of Spain" two events that had taken place earlier that year. These themes later became pivotal to Occupy Wall Street's message, especially the criticism of the concentration of wealth and influence inside of the "1 percent." By framing the grievances of people in broad and extensive terms, the organizers helped create a message that resonated with a large audience. The protest was promoted with an image featuring a dancer atop Wall Street's iconic Charging Bull statue. That image helped what ended up defining the movement's visual identity and then gave the protest a memorable symbolic appeal to the public and to the people online. In July, Justine Tunney registered OccupyWallSt.org, which became the main online hub for the movement. The site played an important role in spreading information and coordinating people involved, turning the original call to action into a sustained protest movement.

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. Its involvement helped bring together Occupy Wall Street to an already up and running network of activists who are focused on the influence of money and all the corporations that embedded in American politics. This support grounded and solidified the protest's early base and increased its visibility to others before it gained national attention from people all around the country. The protest itself began on September 17; from its first day, it attracted all sorts of people, drawn by a feeling of dissatisfaction and disgust for the perceived economic inequality at the time and the consequences of the 2008 financial crisis. A Facebook page for the demonstrations began two days later on September 19 featuring a YouTube video of earlier events. Social media quickly became a major tool for the movement to gain more attention. It allowed organizers and supporters to share near-real time updates on what was happening through images, videos, and calls to action. This digital presence helped this movement reach many different audiences who did not necessarily watch TV and were far beyond the lower Manhattan area. This also encouraged similar demonstrations in other cities. By mid-October, Facebook listed 125 Occupy-related pages. The rapid spread of these pages reflected the speed at which Occupy Wall Street developed from just a small local protest to a major nationwide and even international movement. Online platforms helped the movement shape their identity by using different slogans, visuals, and accounts to see different police responses to these protests. This in turn heavily increased public awareness and participation.

The original location for the protest was One Chase Manhattan Plaza, with Bowling Green Park (the site of the "Charging Bull") and Zuccotti Park as alternate choices. Police discovered this before the protest began and fenced off two locations; but they left Zuccotti Park, the group's third choice, open. Since the park was private property, police could not legally force protesters to leave without being requested to do so by the property owner. At a press conference held the same day the protests began, New York City mayor Michael Bloomberg explained, "people have a right to protest, and if they want to protest, we'll be happy to make sure they have locations to do it."

Antecedent and subsequent OWS prototypes include the British student protests of 2010, 2009-2010 Iranian election protests, the Arab Spring protests, and, more closely related, protests in Chile, Greece, Spain and India. Occupy Wall Street, in turn, gave rise to the Occupy movement in the United States.

Many commentators have stated that the Occupy Wall Street movement has roots in the philosophy of anarchism.

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