There are social, psychological and cultural aspects to every economic slowdown. The media, however, plays a crucial role in building up these sentiments for or against any ruling government.
An example of this is the recent “Occupy Wall Street” Movement, ongoing since September 17, 2011. It was anticipated by the ?Adbusters Media Foundation?, a Canada based group .i.e. known for its magazine called ?Adbusters?. The idea of carrying out a peaceful protest was initially floated among their database, this then received a major response worldwide.
Commenting on this movement, Canadian futurist and ethicist ? George Dvorsky, ?Occupy Wall Street?took inspiration from the events in the Middle East, particularly the Tahir Square protests in Cairo. In copycat manner, Adbusters organized a peaceful occupation of Wall Street to protest the current U.S. political leadership and its failure to prevent or address the global financial crisis.?
This movement was against the corporate greed, growing gap between the rich and the poor, rising global financial crisis, and no resolution to all of these. It is clearly an outcome of the discrepancies in the government as well as the corporate sector.
It is a blow against the recession and the all time lowered economical graph, that United States and the rest of the world has been facing.
Concerning the demographics of the protesters, it is not restricted to any age or social castes. Most of the protesters are young and come from various walks of life. This has been the result of the use of social networks. On October 10 the Associated Press reported that “there?s a diversity of age, gender and race” at the protest.
On the other hand, the New York Police Department (NYPD) reacted by carrying out mass arrests and pepper sprays.
Coming into the second week of October 2011, fifteen thousand marchers joined the protests, joined by union members, unemployed and students. The movement also spread worldwide. Using Facebook, protest pages began in Spain and Italy.
The question arising is that ?How much pressure can a common man take?? ?How much patience should a common man possess for resolutions?? Since the beginning of the recession, zillions have been suffering.
A large amount of credit for the popularity of this movement goes to the medium of Internet and social networking websites. There are more than 200 pages, concerning this movement, on Facebook and Twitter. On YouTube, at least 10,000 videos tagged ?occupy wall street? have been uploaded in the past month.
As per an article on CNBC.com, Mark Ghuneim, founder and chief executive officer of Trendrr, said the Twitter conversation was producing an average of 10,000 to 15,000 posts an hour on Friday about Occupy Wall Street, with most people sharing links from news sites, Tumblr, YouTube and Trendsmap.
The centre of the movement?s media operation is in Zuccotti Park in Lower Manhattan, where several hundred people have been camping since Sept. 17.
The growing popularity of this movement shows its agreement among people from various social backgrounds. Anyone and everyone is fed up of these rising effects of recession, debts, inflation and so on. Media however gives us the strength and platform to get our message across and make ourselves heard by the authorities.