Occupy Wall Street is an ongoing demonstration[3] opposing corruptive corporate influence over U.S. politics, the monied corruption of democracy[4] and a lack of legal repercussions over the global financial crisis.
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The aim of the demonstration is to begin a sustained occupation of Wall Street, the financial district of New York City, to protest perceived corporate greed and social inequality. Organizers intend for the occupation to last "as long as it takes to meet our demands." Demands are in the process of being negotiated and developed.
the Adbusters Media Foundation, best known for its advertisement-free anti-consumerist magazine called Adbusters, proposed a peaceful occupation of Wall Street in protest against the current leadership, U.S. politics and the failure to prevent or make effective changes in the global financial crisis.
According to Adbusters, a primary protest organizer, the central demand of the protest is that President Barack Obama "ordain a Presidential Commission tasked with ending the influence money has over our representatives in Washington."
The protest has been criticized for its lack of focus and actionable agenda. In an article that was critical of the protesters, Ginia Bellafante wrote in The New York Times: "The group’s lack of cohesion and its apparent wish to pantomime progressivism rather than practice it knowledgably is unsettling in the face of the challenges so many of its generation face — finding work, repaying student loans, figuring out ways to finish college when money has run out."[15][16] Glenn Greenwald responded to this criticism, writing :
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"Does anyone really not know what the basic message is of this protest: that Wall Street is oozing corruption and criminality and its unrestrained political power—in the form of crony capitalism and ownership of political institutions—is destroying financial security for everyone else?"[17]
The desire to form a more coherent agenda was evident around the 13th day of the occupation, with sentiment in the encampment generally split along two lines: those who want the protest to remain amorphous and to grow through spectacle; and those who want to draft focused demands about wealth disparity.[18]
The movement is centered upon the statement: “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%,”
The protesters' messages seem to be varied with a variety of demands such as raising taxes on the rich, raising taxes on corporations, ending corporate welfare, support for trade unionism, and protecting Medicare and Social Security in their traditional forms. Libertarians who are protesting want to end the Federal Reserve, end corporatism, end all wars, and are protesting the execution of Troy Davis.
Canadian writer Naomi Klein supported the protest, saying, "This is not the time to be looking for ways to dismiss a nascent movement against the power of capital, but to do the opposite: to find ways to embrace it, support it and help it grow into its enormous potential. With so much at stake, cynicism is a luxury we simply cannot afford."
Educator and author Cornel West addressed the frustrations that some critics have expressed at the protest’s lack of a clear and unified message, saying:
It’s impossible to translate the issue of the greed of Wall Street into one demand, or two demands. We’re talking about a democratic awakening...you’re talking about raising political consciousness so it spills over all parts of the country, so people can begin to see what’s going on through a set of different lens, and then you begin to highlight what the more detailed demands would be. Because in the end we’re really talking about what Martin King would call a revolution: A transfer of power from oligarchs to everyday people of all colors. And that is a step by step process.[57]