Overview
The #OccupyWallStreet movement has really ignited the spirit of the disenfranchised in America. Anecdotes from ordinary people describing their economic plights has seen anger directed towards the 1% that continue to control the economic agenda in the USA. Through extensive use of Twitter and other social media tools, the increasingly large and angry mob are attempting to convey their message across the internet to gain support for their cause.
But as thousands rally against social and economic inequality, corporate greed and the increasingly close relationships between politicians and financial institutions, this message is getting lost in seas of online rhetoric. According to the movement's own mission statement, 'Occupy Wall Street is leaderless resistance movement with people of many colors, genders and political persuasions. The one thing we all have in common is that We Are The 99% that will no longer tolerate the greed and corruption of the 1%.' Without a clear purpose and no set goals, though, the message is becoming murkier.
Most Australians have little idea about the extent of problems facing youths in America. With rising unemployment, little to no health care and increasing student debt, young graduates are increasingly anxious about their futures. And rightly so. According to a NY Times report, the jobless rate for college graduates in the U.S.A under the age of 25 has averaged 9.6% over the past year. For high school graduates, the average is 21.6%.
Whilst the actual demands by the group remain a little unclear, a poll conducted by David Maris for Forbes has outlined a tentative set of demands or issues that are really aggravating the protestors. With many stating that the American Dream has now turned into a nightmare, the protests are continuing to spread like wildfire throughout the U.S. And whilst a rumoured Radiohead appearance at Liberty Square was later confirmed by the band to be a hoax, the movement has been getting increased backing from influential supporters. With Slavoj Zizek speaking at the rallies, Anti-Flag playing a set in Liberty Square, and Kanye West dropping in to say hello (without removing his gold chains) this protest doesn't seem to be quietening down any time soon.
With an evolving approach to their demands, the 'We are the 99%' catchcry has now started to take a hold across the world, not just in New York. The movement has now spread to cities such as Chicago and Seattle, and there are also calls for global demonstrations, with planned protests as far afield as Italy, Spain and the London Stock Exchange.
