Utilitarianism encourages organizations to focus on the results of their actions and policies, and allows them to tailor their decisions to suit the complexities of their situation Business Ethics. As the goals of OWS focused on addressing income inequality and wealth distribution in the U.
S between the wealthiest one percent and the rest of the population, it conforms with the utilitarian approach to ethics in that it wants to create the greatest amount of happiness for the greatest number of people, instead of catering to the rich at the expense of the poor. The Kantian theory of ethics, on the other hand, places emphasis on moral motivation and respect for persons. Kant sought moral principles that do not rest on contingencies and that define actions as inherently right or wrong apart from any particular circumstances.
In this theory, instead of the OWS movement goals being right because they provide the greatest amount of happiness to the most people as with the utilitarian theory, the goals would be considered ethical and right simply because having equality in wealth is the moral thing to do. Kant postulates that no matter what the consequences may be or who does it, some actions are always wrong. Kant stresses the importance of motivation and of acting on principle.
According to this theory, it is not enough just to do the right thing; an action has moral worth only when it is done from a sense of duty and from a desire to do the right thing for its own sake Business Ethics.
The final theory of ethics that can be applied to the desired outcomes and goals of the Occupy Wall Street movement is the theory of virtue ethics.
Virtue ethics is an approach that deemphasizes rules, consequences, and particular acts and places to focus on the kind of person who is acting.
The primary focus of this theory is whether or not the person acting is expressing good character or not. In this theory moral virtues refer to admirable character traits which contribute to social harmony, enable us to act in accordance with reason, and enable us to feel appropriately and have the right intentions. As the Occupy Wall Street movement sought to create social harmony through equality, the individuals involved were acting in way that demonstrated virtues including those of generosity and compassion, thus the goals of the movement can be applied to the theory of virtue ethics as well Virtue Ethics.
The OWS movement called for changes to the entire structure of society, and questioned the idea of capitalism and the distribution of wealth in our country. The protestors mobilized to resist banks in America being able to do whatever they want and getting away with it. They wanted to ensure that steps be taken to make sure that banks and other financial institutions would be held accountable for their reckless practices, and that the rich would be made to pay a fairer share of income taxes.
These issues of income equality were not entirely new ones. Giving more momentum to the movement was the political response that it received. Leading democratic figures including party fundraisers and top allies of President Obama were embracing the spread of the anti-wall street protests, as the Democratic establishment saw the movement as a way to align disenchanted American people with their party. Additionally, the amount of news coverage given to the movement spurred more people to seek out information on the protest from social media sites and other web sites as well as lending an air of legitimacy to the movement.
However, the media attention was short-lived. Presently, just a year after the Occupy Wall Street movement began its participants are struggling to regain the visibility and momentum of their early days.
With less visibility the movement has received less attention from the news media, taking away a national platform. Occupy Wall Street does not have a traditional leadership structure, making it difficult for the movement to engage in conventional political organizing in support of state legislators and members of congress Occupy Movement, The New York Times. Despite fading from the forefront, the Occupy movement has not disappeared completely. And most importantly the movement caused people to question the current government and tax structures that create and foster the disparity of wealth in the United States.
It pointed out what many studies have shown, one of the recent major trends in the U. The cause of this growing gap lies in the government as they cntinue to under tax the rich and over tax the poor, causing the rich to get richer and the poor to get poorer.
Despite it being well documented that this trend is continuing, nothing has been done to correct it. An equitable outcome from the movement that would be appropriate for our capitalistic society would be for the tax structure to be changed so that the income taxes of the rich would be increased while the income taxes on poor people would be decreased. In addition to this, programs should be implemented to help students with insurmountable debt from student loans to have their loans lowered or written off completely if they meet specific requirements.
I realize that none of these solutions are things that can happen overnight, but the government should at least start the process of change. The attention that the Occupy Wall Street movement brought to these issues should be a catalyst for change. Despite the fact that the Occupy Wall Street movement, as mentioned above, has faded from the media forefront I do not think that it will completely fade away.
As long as the government continues bail outs of banks and other financial institutions while individuals suffer under large amount of loan and credit card debt people will stand up and fight for change.
As long as these social and economic issues continue people will continue to protest and stand up against corporate greed, social inequality, and the corrosive power of major banks and multinational corporations over the democratic process. It is a right of every citizen of the U. Occupy Movement Occupy Wall Street. The New York Times. A Textbook with Cases.
A Basic Introductory Essay. As experts in business ethics, your expertise can be used to help breakdown a situation good or bad. In situations we can come in and erase the bad and replace with good or simple reinforce the good that is being done.
He is mainly focused on a fusion research project run by a doctor. Louis then tries to get a bailout from the other Wall Street banks but is denied by Bretton James who is the head of a rival firm, Churchill Schwartz. Louis Zabel then commits suicide by jumping in front of a train. Jacob then meets with Gordon Gekko and tells him he is going to marry his daughter then Gordon….
They believe the winter climate is to blame for the unemployment rate increase last week. The total of unemployment claims at the end of the week of Feb. The wall Street Journal had expected , Thursday reported stated that the number of claims filed continued to rise and had increased by 17, to 2.
Job claims have been at a continuous increase over the past month…. Review of movie Wall Street In the big city of New York there always exist those who push the envelope a bit, and stretch the law. One such man played by Michael Douglas makes money buying and selling others' dreams.
He is a stock speculator; but one that succeeds based on illegal inside information. As he puts it "I make nothing, I own" Released in , Oliver Stone's Wall Street is a representation of bad morals and poor business ethics in the business world. It also shows the negative…. The gladiatorial games were a common sport form BC until the Roman Empire had fallen.
For many people, these games were fun to watch and a source of entertainment. To others, such as the ones fighting, it was frightening and some knew that they would never make it out alive. All of this was first recorded in BC.
The movie Gladiator follows some of what was true…. The New York group began in a building near Wall Street by a small group of people. Some of these people were from the local area and from Egypt, Spain, and Japan. Some of them had been at the demonstrations in other countries.
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Occupy Wall Street Movement research papers discuss the movement that protested against the massive inequality of income distribution in the United States.
Occupy Wall Street Occupy wall Street is a protest movement in the United States of America which began on September 17, in Zuccotti Park, located in New York City's wall street financial district. The Occupy Wall Street Movement that began in New York Sept. 17 and has since spread like wildfire across the world has made an undeniable impact on the social and political climate of the Upper Midwest. | With various Occupy protest committees continuing to spring up across Minnesota and North Dakota, many working people in the region who, previously, might not have come together on other.
The Occupy Wall Street Movement began on September 7, in Zuccotti Park, located in New York’s financial district. A Canadian activist group called. Free Essay: Occupy Wall Street Movement If heavy student loan debt, soaring tuition fee, climbing taxes, plummeting financial aid, nose-diving employment.