Occupy Wall Street (OWS)is the name given to a protest movement…
Question Answered step-by-step Occupy Wall Street (OWS)is the name given to a protest movement… Occupy Wall Street (OWS) is the name given to a protest movement that began on September 17, 2011, in Zuccotti Park, located in New York City’s Wall Street financial district. It received global attention and spawned the “Occupy” movement against social and economic inequality worldwide. The main issues raised by Occupy Wall Street were social and economic inequality, greed, corruption and the perceived undue influence of corporations on governmentparticularly from the financial services sector. The OWS slogan, “We are the 99%”, refers to income inequality and wealth distribution in the U.S. between the wealthiest 1% (who possess and control a vast share of the nation’s wealth) and the rest of the population. In this post, critically evaluate the logic of the “we are the 99%” slogan in terms of Robert Nozick’s principles of distributive justice. Compare and contrast what Nozick refers to as a “historical” distribution of wealth vs. a “current time slice” or “end state” distribution (pp. 123-124). What type of distribution would a libertarian favor and what type would an egalitarian favor? Some things to consider: if one prefers the libertarian position and is willing to accept the result that freedom may produce more income inequality and disproportionate wealth distribution, can we really say children born to poorer familes have “equal opportunity” for success, compared to those born to richer families? Further what principle is more consistent with both the principles of freedom and justice, the end state or the time-slice view? Arts & Humanities Philosophy PHI 105 Share QuestionEmailCopy link Comments (0)
