The Streets Of The New York Stock Exchange - 1236 Words

Wall street is said to be the home of the New York Stock Exchange; the New York stock exchange the world’s largest stock exchange by total market capitalization according to Forbes magazine. Major exchange has had or has also their headquarters in the Wall Street area and this includes NASDAX, The New York Board of Trade, and New York Mercantile Exchange. The Occupy Wall Street movement is a global protest movement against Social and Economic inequality with the primary goal to make the economic and political relationships in the society more equitable distribution of wealth and less vertically hierarchical. This movement, which is a global movement, which has reached nearly every continent in the last year, started September 17,†¦show more content†¦This has affected the GTA because it is evident that there is an eradication of the middle class income earners due to the fact of the rich getting richer. This also has increased the number of unemployment in the society making, it harder for individuals and family to seek or gain employment. The official ‘Occupy Wall Street’ movement started on September 17th, 2011 in Liberty Square, Manhattan, and according to the official website of the movement, www.occupywallst.org, the movement â€Å"spread to over 100 cities in the United States and actions in over 1,500 cities globally† (Occupy Wall Street). This could be cited as a first show of success due to the widespread awareness it created globally. The Internet and social media were key platforms in bolstering the protest, as an article from The Week explains. The article shows a timeline of the protests, which was initiated months before physical action was taken in Manhattan on the internet, as the aforementioned official website was created on June 9th. (The week, 2011) The supporters of this campaign also erected a ‘Tumblr’ page, which is a picture sharing social networking website, where they posted stories and photos that supported their â€Å"we are the 99 percent† campaign. From this, it is safe to say that the protest was properly planned and showed promise to be operational and successful, but it was not long before they started facing opposition.