WHAT IS 99% POWER?
Starting this spring with corporate shareholder season, the 99% Power coalition—workers and retirees, families fighting foreclosure and the unemployed, students, immigrants and environmentalists—have united together to build an economy and a democracy that works for all us, not just for the 1%.
Thousands of people will be inside and outside more than three-dozen corporate shareholder meetings across the country, including Wells Fargo, GE, Verizon, Sallie Mae, Wal-Mart, Bank of America, Verizon and more. We will directly face and challenge the 1% board members and executives that have only served to expand inequality, threaten democracy, destroy our environment and have put their desire for profit in direct conflict with the survival of families and communities.
99% Power will mobilize well over 10,000 people, from all walks of life and representing the diversity of the 99%, to engage in nonviolent direct action. All told, there will be more demonstrations connected to corporate shareholder meetings than at any point in American history. Together we fight to build a political and economic system that offers equal opportunity for all.
WHY 99% POWER?
99% Power grew out of a belief that to advance transformative change in our economic and political structures, we need to address a major weakness of today’s progressive sector: the lack of mass action and collaboration focused on challenging, reining in, and restructuring big and abusive corporate actors.
Simultaneously, we saw an opportunity to rediscover non-violent direct action in order to expose the crisis in communities, our democracy, and our environment and shine a light on those perpetuating it. America is ready for a new conversation about how corporations should act in our country. According to a 2011 Gallup Poll, the large majority of Americans (62%) want major corporations to have less influence in the United States, well above the 52% recorded in 2001. The same survey found 67%
of Americans dissatisfied with the size and influence of major corporations in the country today, the highest level since Gallup first asked this question in 2001.
To challenge the grip of institutions the size of Bank of America, Wal-Mart, Verizon, Wells Fargo, and more on our economy and our political system, we know no single organization can do it alone. Joined by tens of thousands of newly trained individuals coming out of 99%Spring trainings, we have created an alignment of groups, representing communication, service, hospitality, food, commercial, steel and domestic workers, the unemployed and families fighting foreclosure, environmental activists, immigrants, and family farmers around a shared vision of forcing corporations to serve a bottom line that includes workers, communities, and the environment.