Economic Protest Movement and Legal Case
An Illinois man has been found guilty in the fatal stabbing of a 6-year-old Palestinian American boy. Meanwhile, a movement to encourage a day of economic protest by not spending money is gaining momentum online, led by John Schwarz from Chicago.
Key Points
- The movement calls for a 24-hour economic blackout, with additional weeklong boycotts of specific companies scheduled throughout the year
- The movement is reminiscent of the Occupy Wall Street movement but with a focus on inaction rather than street protests
- There is a parallel Latino Freeze movement advocating for support of American businesses that back the Latino community
Pros
- Raises awareness about wealth and income inequality
- Encourages support for small and local businesses
- Sheds light on corporate greed and economic exploitation
Cons
- May have limited impact on large corporations
- Difficult to sustain long-term movement due to dependence on chain corporations