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Kevin Watson

Eliot, T. S. 1922. The Waste Land - 0 views

www.bartleby.com/1.html

digiciv eliot t s modernism waste land

shared by Kevin Watson on 28 Oct 10 - Cached
  • Kevin Watson on 28 Oct 10
     
    Here's a source to read "The Waste Land" by T S Eliot
Erin Hamson

Modern History Sourcebook: Adam Smith: The Wealth of Nations, 1776 (Epitome) - 0 views

www.fordham.edu/...adamsmith-summary.html

shared by Erin Hamson on 28 Sep 10 - Cached
Andrew DeWitt liked it
    • Erin Hamson
      Erin Hamson on 28 Sep 10
       
      The process of specialization was later perfected by Henry Ford, in making cheap, durable cars.
  • This great increase of the quantity of work which, in consequence of the division of labor, the same number of people are capable of performing, is owing to three different circumstances; first, to the increase of dexterity in every particular workman; secondly, to the saving of the time which is commonly lost in passing from one species of work to another; and lastly, to the invention of a great number of machines which facilitate and abridge labor, and enable one man to do the work of many....
  • Man has almost constant occasion for the help of his brethren, and it is in vain for him to expect it from their benevolence only. He will be more likely to prevail if he can interest their self-love in his favor, and show them that it is for their own advantage to do for him what he requires of them. Whoever offers to another a bargain of any kind, proposes to do this. Give me that which I want, and you shall have this which you want, is the meaning of every such offer; and it is in this manner that we obtain from one another the far greater art of those good offices which we stand in need of. It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest.
    • Erin Hamson
      Erin Hamson on 28 Sep 10
       
      This is the basis of the Market Economy or Capitalism, exchange based in self-interest that benefits all.
  • ...38 more annotations...
  • In order to avoid the inconvenience of such situations, every prudent man in every period of society, after the first establishment of the division of labor, must naturally have endeavored to manage his affairs in such a manner as to have at all times by him, besides the peculiar produce of his own industry, a certain quantity of some one commodity or other, such as he imagined few people would be likely to refuse in exchange for their produce....It is in this manner that money has become in all civilized nations the universal instrument of commerce, by the intervention of which goods of all kinds are bought and sold, or exchanged for one another....
    • Erin Hamson
      Erin Hamson on 28 Sep 10
       
      The role/development of money. The problem with money is that it has to be regulated and who regulates it? If we let the governement regulate it, it might become manipulated...
  • The value of any commodity,
  • is equal to the quantity of labor which it enables him to purchase or command
  • Labor, therefore, is the real measure of the exchangeable value of all commodities....
  • The real price of everything
  • is the toil and trouble of acquiring it.
    • Erin Hamson
      Erin Hamson on 28 Sep 10
       
      Note the difference between the value and the price. The price changes most significantly in relation to how much the consumer wants the product, as opposed to how much time it took the maker to make it.
  • which resolves itself into labor
  • resolves itself into rent
  • resolves itself into profit
  • ordinary or average rate both of wages and profit
  • partly by the general circumstances of the society,
    • Erin Hamson
      Erin Hamson on 28 Sep 10
       
      A man cannot charge above that which can be paid him or he will lose business.
  • partly by the particular nature of each employment
    • Erin Hamson
      Erin Hamson on 28 Sep 10
       
      Some labor is simply worth more
  • ordinary or average rate of rent
  • partly by the general circumstances of the society or neighborhood in which the land is situated,
  • partly by the natural or improved fertility of the land
  • When the price of any commodity is neither more nor less than what is sufficient to pay the rent of the land, the wages of the labor, and the profits of the stock employed in raising, preparing, and bringing it to market, according to their natural rates, the commodity is then sold for what may be called its natural price.
  • The actual price at which any commodity is commonly sold is called its market price
  • he market price of every particular commodity is regulated by the proportion between the quantity which is actually brought to market, and the demand of those who are willing to pay the natural price of the commodity, or the whole value of the rent, labor, and profit, which must be paid in order to bring it thither.
  • A competition will immediately begin among them, and the market price will rise more or less above the natural price, according as either the greatness of the deficiency, or the wealth and wanton luxury of the competitors, happen to animate more or less the eagerness of the competition.
    • Erin Hamson
      Erin Hamson on 28 Sep 10
       
      The results of scarcity *footballs*
  • quantity brought to market exceeds the effectual demand
    • Erin Hamson
      Erin Hamson on 28 Sep 10
       
      Surplus
    • Erin Hamson
      Erin Hamson on 28 Sep 10
       
      ,effect of
  • A monopoly granted either to an individual or to a trading company has the same effect as a secret in trade or manufactures.
    • Erin Hamson
      Erin Hamson on 28 Sep 10
       
      See above
  • When by an increase in the effectual demand, the market price of some particular commodity happens to rise a good deal above the natural price, those who employ their stocks in supplying that market are generally careful to conceal this change
    • Erin Hamson
      Erin Hamson on 28 Sep 10
       
      A monopoly
  • The exclusive privileges of corporations, statutes of apprenticeship, and all those laws which restrain, in particular employments, the competition to a smaller number than might otherwise go into them, have the same tendency, though in a less degree. They are a sort of enlarged monopolies,
    • Erin Hamson
      Erin Hamson on 28 Sep 10
       
      See above
  • THE produce of labor constitutes the natural recompense or wages of labor.
    • Erin Hamson
      Erin Hamson on 28 Sep 10
       
      You get what you make
  • Such combinations, however, are frequently resisted by a contrary defensive combination of the workmen; who sometimes too, without any provocation of this kind, combine of their own accord to raise the price of their labor.....
  • Masters, too, sometimes enter into particular combinations to sink the wages of labor even below this rate
    • Erin Hamson
      Erin Hamson on 28 Sep 10
       
      Two combinations to react to one another. Like the checks and balances found in gov.
  • The demand for those who live by wages, therefore, necessarily increases with the increase of the revenue and stock of every country, and cannot possibly increase without it. The increase of revenue and stock is the increase of national wealth....
  • It is but equity, besides, that they who feed, clothe, and lodge the whole body of the people, should have such a share of the produce of their own labor as to be themselves tolerably well fed, clothed, and lodged
    • Erin Hamson
      Erin Hamson on 28 Sep 10
       
      equality in the pursuit of happiness
  • First, by restraining the competition in some employments to a smaller number than would otherwise be disposed to enter into them; Second, by increasing it in others beyond what it naturally would be; and, Third, by obstructing the free circulation of labor and stock, both from employment to employment and from place to place.
    • Erin Hamson
      Erin Hamson on 28 Sep 10
       
      Problems of Mercantilism
  • First,
  • by restraining the competition in some employments to a smaller number than might otherwise be disposed to enter into them
  • and to hinder him from employing this strength and dexterity in what manner he thinks proper without injury to his neighbor is a plain violation of this most sacred property.
  • An exclusive corporation necessarily weakens the force of this discipline.
    • Erin Hamson
      Erin Hamson on 28 Sep 10
       
      the gov is not needed for regulation
  • Second,
  • by increasing the competition in some employments beyond what it naturally would be
    • Erin Hamson
      Erin Hamson on 28 Sep 10
       
      pursuit of happiness
  • by obstructing the free circulation of labor and stock both from employment to employment, and from place to place,
  • Third,
  • Andrew DeWitt on 28 Sep 10
     
    Thanks for the annotations and the comments.
Mike Lemon

Global Food Shortage; A Serious Threat? | Healthmad - 0 views

healthmad.com/...food-shortage-a-serious-threat

shared by Mike Lemon on 28 Sep 10 - No Cached
  • With the global population bursting at the seams, the scarcity of rich land to grow food, and more demanding diets, food supplies are diminishing at an alarming rate.
  • The global population, which currently stands at 6.8 billion, is expected to reach 9 billion within the next 40 years. This is a lot of mouths to feed, especially in areas where population growth will be the highest; mainly Africa and India, which are already facing not only food shortages, but severe water shortages as well.
  • Mike Lemon on 28 Sep 10
     
    When I read about the Economy of Abundance, I couldn't help but remember this article I read a few weeks back. I'll be posting more on this on my blog.
Parker Woody

Communist Manifesto (Chapter 3) - 0 views

www.marxists.org/...ch03.htm

shared by Parker Woody on 04 Oct 10 - No Cached
    • Kristi Koerner
      Kristi Koerner on 04 Oct 10
       
      The conflict with Christianity is interesting.
  • disastrous effects of machinery and division of labour
    • Erin Hamson
      Erin Hamson on 04 Oct 10
       
      are these laid in contrast to the benefits?
  • It proclaimed the German nation to be the model nation
    • Erin Hamson
      Erin Hamson on 04 Oct 10
       
      city upon a hill
  • ...4 more annotations...
  • The Socialistic bourgeois want all the advantages of modern social conditions without the struggles and dangers necessarily resulting therefrom. They desire the existing state of society, minus its revolutionary and disintegrating elements. They wish for a bourgeoisie without a proletariat.
    • Erin Hamson
      Erin Hamson on 04 Oct 10
       
      want everyone to be like them
  • It is summed up in the phrase: the bourgeois is a bourgeois — for the benefit of the working class
  • These proposals, therefore, are of a purely Utopian character.
  • the concentration of capital and land in a few hands; overproduction and crises; it pointed out the inevitable ruin of the petty bourgeois and peasant, the misery of the proletariat, the anarchy in production, the crying inequalities in the distribution of wealth, the industrial war of extermination between nations, the dissolution of old moral bonds, of the old family relations, of the old nationalities.
    • Parker Woody
      Parker Woody on 05 Oct 10
       
      Interesting how they appeal to the family and the loss of morals
Erin Hamson

The Frontier In American History: Chapter X - 0 views

xroads.virginia.edu/...chapter10.html

shared by Erin Hamson on 12 Oct 10 - No Cached
  • As the American pioneer passed on in advance of this new tide of European immigration, he found lands increasingly limited
    • Erin Hamson
      Erin Hamson on 12 Oct 10
       
      The close of the Frontier
  • . But the captains of industry by applying squatter doctrines to the evolution of American industrial society, have made the process so clear that he who runs may read.
  • it seemed not impossible that the outcome of free competition under individualism was to be monopoly of the most important natural resources and processes by a limited group of men whose vast fortunes were so invested in allied and dependent industries that they constituted the dominating force in the industrial life of the nation
    • Erin Hamson
      Erin Hamson on 12 Oct 10
       
      Unregulated turn of events, the people were turned loose and made the best of it. What is wrong with this? They set the standards, and there is no room for competition.
  • ...15 more annotations...
  • Mr. Harriman
  • mastering the economic forces of the nation
    • Erin Hamson
      Erin Hamson on 12 Oct 10
       
      According to Adam Smith and the free market economy theory, the people are the best regulators. This sounds like socialism...
  • The Granger and the Populist were prophets of this reform movement. Mr. Bryan's Democracy, Mr. Debs' Socialism, and Mr. Roosevelt's Republicanism all had in common the emphasis upon the need of governmental regulation of industrial tendencies in the interest of the common man
  • "the State University and the public school system which it crowns would be the strongest evidence of its fitness which it could offer."
  • "general system of education ascending in regular gradations from township schools to a State University, wherein tuition shall be gratis and equally open to all," expresses the Middle Western conception born in the days of pioneer society and doubtless deeply influenced by Jeffersonian democracy.
    • Erin Hamson
      Erin Hamson on 12 Oct 10
       
      applying pioneer principles of avaliability and indivdualism to education and other opportunities to suceed in life as presently constituted.
  • propaganda to induce students to continue
    • Erin Hamson
      Erin Hamson on 12 Oct 10
       
      Want everyone to go to college to become their best individual self.
  • all under the ideal of service to democracy rather than of individual advancement alone
  • The times call for educated leaders.
    • Erin Hamson
      Erin Hamson on 12 Oct 10
       
      And have yet to cease to call for experienced leaders. Which is why we are all sitting here reading this, to become educated leaders.
  • The test tube and the microscope are needed rather than ax and rifle in this new ideal of conquest
    • Erin Hamson
      Erin Hamson on 12 Oct 10
       
      influence of technology on life
  • It is hardly too much to say that the best hope of intelligent and principled progress in economic and social legislation and administration lies in the increasing influence of American universities.
  • able to think for themselves, governed Dot by ignorance, by prejudice or by impulse, but by knowledge and reason and high-mindedness,
  • The learning of the few is despotism; the learning of the many is liberty.
  • At first pioneer democracy had scant respect for the expert.
    • Erin Hamson
      Erin Hamson on 12 Oct 10
       
      individualism
  • That they may perform their work they must be left free, as the pioneer was free, to explore new regions and to report what they find; for like the pioneers they have the ideal of investigation, they seek new horizons.
    • Erin Hamson
      Erin Hamson on 12 Oct 10
       
      application of pioneer ideals
  • Thus it is the function of the university to reveal to the individual the mystery and the glory of life as a whole
    • Erin Hamson
      Erin Hamson on 12 Oct 10
       
      opening the mind to new ideas and ideals
James Wilcox

Airplane Timeline - Greatest Engineering Achievements of the Twentieth Century - 0 views

www.greatachievements.org/?id=3728

digiciv

shared by James Wilcox on 15 Nov 10 - Cached
    • James Wilcox
      James Wilcox on 15 Nov 10
       
      I love helicopters!  But I never knew that they had been around for so many years.
  • 1947   Sound barrior broken U.S. Air Force pilot Captain Charles "Chuck" Yeager becomes the fastest man alive when he pilots the Bell X-1 faster than sound for the first time on October 14 over the town of Victorville, California.
  • 1952   Discovery of the area rule of aircraft design Richard Whitcomb, an engineer at Langley Memorial Aeronautical Laboratory, discovers and experimentally verifies an aircraft design concept known as the area rule. A revolutionary method of designing aircraft to reduce drag and increase speed without additional power, the area rule is incorporated into the development of almost every American supersonic aircraft. He later invents winglets, which increase the lift-to-drag ratio of transport airplanes and other vehicles.
  • ...7 more annotations...
  • 1904   Concept of a fixed "boundary layer" described in paper by Ludwig Prandtl German professor Ludwig Prandtl presents one of the most important papers in the history of aerodynamics, an eight-page document describing the concept of a fixed "boundary layer," the molecular layer of air on the surface of an aircraft wing. Over the next 20 years Prandtl and his graduate students pioneer theoretical aerodynamics.
  •   1917   The Junkers J4, an all-metal airplane, introduced Hugo Junkers, a German professor of mechanics introduces the Junkers J4, an all-metal airplane built largely of a relatively lightweight aluminum alloy called duralumin.
  • 1925-1926   Introduction of lightweight, air-cooled radial engines The introduction of a new generation of lightweight, air-cooled radial engines revolutionizes aeronautics, making bigger, faster planes possible.
  • 1933   First modern commercial airliner In February, Boeing introduces the 247, a twin-engine 10-passenger monoplane that is the first modern commercial airliner. With variable-pitch propellers, it has an economical cruising speed and excellent takeoff. Retractable landing gear reduces drag during flight.
  • 935   First practical radar British scientist Sir Robert Watson-Watt patents the first practical radar (for radio detection and ranging) system for meteorological applications. During World War II radar is successfully used in Great Britain to detect incoming aircraft and provide information to intercept bombers.
  • 1937   Jet engines designed Jet engines designed independently by Britain’s Frank Whittle and Germany’s Hans von Ohain make their first test runs. (Seven years earlier, Whittle, a young Royal Air Force officer, filed a patent for a gas turbine engine to power an aircraft, but the Royal Air Ministry was not interested in developing the idea at the time. Meanwhile, German doctoral student Von Ohain was developing his own design.) Two years later, on August 27, the first jet aircraft, the Heinkel HE 178, takes off, powered by von Ohain’s HE S-3 engine.
  •   1939   First practical singlerotor helicopters Russian emigre Igor Sikorsky develops the VS-300 helicopter for the U.S. Army, one of the first practical singlerotor helicopters.
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