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Erin Hamson

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

    • Erin Hamson
       
      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
       
      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
       
      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
       
      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
       
      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
       
      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
       
      The results of scarcity *footballs*
  • quantity brought to market exceeds the effectual demand
    • Erin Hamson
       
      Surplus
    • Erin Hamson
       
      ,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
       
      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
       
      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
       
      See above
  • THE produce of labor constitutes the natural recompense or wages of labor.
    • Erin Hamson
       
      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
       
      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
       
      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
       
      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
       
      the gov is not needed for regulation
  • Second,
  • by increasing the competition in some employments beyond what it naturally would be
    • Erin Hamson
       
      pursuit of happiness
  • by obstructing the free circulation of labor and stock both from employment to employment, and from place to place,
  • Third,
  •  
    Thanks for the annotations and the comments.
Erin Hamson

Internet Censorship: Debate Continues Over Google and YouTube's Effect on the Real World - 0 views

    • Jeffrey Whitlock
       
      I am not sure where I fall on this argument. I certainly do not believe that the Government should regulate youtube any more than currently does but I am not sure whether youtube is a mirror that reflects societal values or whether it is actually an integral part in influencing them. What do you think?
  • Communication is never motivated purely by a desire to convey information about the world, it is always an attempt to alter that world, even if only to make a few quid or re-establish an old friendship.
    • Erin Hamson
       
      This is the truth. Even the most inconsequential things we "post", can change the way others see us and the things we talk about.
Ariel Szuch

Should We Fear the Digital Economy Bill? - 0 views

  • This indicates that no proof of copyright infringement must exist in order to block a Web site, just an assumption that a violation has occurred or will occur. Such broad language means that Web sites large and small, from YouTube to your next door neighbor’s blog, are in danger if accusations of copyright infringement are made against them.
  • Without any obligation to provide proof of wrongdoing, the bill creates the potential for abuse and…dare we say it…censorship.
  • The other side of the argument is, of course, that entertainment companies and copyright holders lose billions of dollars due to online piracy and illegal filesharing of copyrighted works.
  • ...2 more annotations...
  • People and companies that make a living on content and intellectual property have a very real need to protect their investments and creative assets. Measures such as DRM and ongoing legal battles don’t seem to have slowed down online piracy.
  • But are such extreme measures like the Digital Economy Bill really necessary to fight copyright infringement? Should the British government be allowed limitless power to block Web sites and Internet users?
Shaun Frenza

Rational Revolution - great site - 0 views

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    This is an excellent site with free documents and articles related to the Revolution and to other theories in our class
Megan Stern

Pepe Escobar: Don't Mess With My Burqa, Monsieur - 0 views

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    One of the great virtues that the French Revolution promoted was tolerance. If the French society was to follow through with its contractual obligations, it would be rising up in rebellion against its government about now.
Bri Zabriskie

Philadelphia Imposes Crazy $300 Blogging Fee - 0 views

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    An interesting post on a great blog. This post is about trying to charge for free internet space. 
Katherine Chipman

Manifesto of the Communist Party - 0 views

  •  
    Translation of a 1847 document on communism. How it began.
Jake Corkin

International crisis group - 0 views

  •  
    it sound to me like nepal is undergoing a revolution not unlike that of the french
Katherine Chipman

Ethics and Law on the Electronic Frontier, Spring 2002 | OER Commons - 0 views

  • The interaction between law, policy, and technology as they relate to the evolving controversies over control of the Internet. Topics include: intellectual property and copyright control, privacy and government surveillance, and freedom of expression and content control.
anonymous

Curriki - AccessAnalyzeActABlueprintfor21stCenturyCivicEngagement - 0 views

  •  
    The link to the PBS site is very interesting. Involves lesson to help students use media to become involved in civic matters
Andrew DeWitt

A Tale of two cities - Google Books - 1 views

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    A good historical fiction read on the French Revolution.
  •  
    This book is a great commentary on people and governments. If you haven't read it, you must.
Kristi Koerner

Can We Change Our Genes? - 1 views

    • Kristi Koerner
       
      While it is true that over time species can change due to lifestyle factors, it must be a chemical/genetic change in order to be passed down. A body builder will not have tiny Arnold the Governator babies.
  •  
    Interesting thoughts on evolution and changing our DNA
Megan Stern

American Thinker: The Disappearing Middle Class - 0 views

  • The government is helping out, "redistributing" money to the bottom. "The Rich" can use their money and influence to get in. The middle class gets no special consideration or privilege. Because they do work hard, they get to work harder -- and the Ruling Class calls this "justice."
    • Megan Stern
       
      So. True.
  • And this is what the Tea Party is really mad about.
  • And the balance between the lower class and their upper-class leaders is upset by the injection of the middle class and its struggles to carve out its niche.
  • ...6 more annotations...
  • His Communist Manifesto is nothing more than a rant about the evils of this group and how they have inflicted harm and damage to everyone around them through colonialism and ingenuity.
  • Marx and Engels envisioned a return to the simpler time, where a vast lower class was ruled by its betters. Not surprisingly, they saw themselves as leading the underlings to the new paradise.
  • their opinions are tainted by "greed" (the single biggest sin of the bourgeoisie).
  • The byproduct of this Socialization is the shrinking of the middle class. When you punish people for working hard, those people will stop working so hard.
  • se bailouts are transfers of wealth -- not from the rich to the poor, but from the working middle class to both the upper and lower classes.
  • True: all the
  •  
    Concisely presents the consensual argument most conservatives adopt against Marx's principles in our day.
Kristi Koerner

Center for American Progress - 0 views

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    Isn't one of the American ideals progress and change?
Erin Hamson

The Frontier In American History: Chapter X - 0 views

  • As the American pioneer passed on in advance of this new tide of European immigration, he found lands increasingly limited
    • Erin Hamson
       
      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
       
      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
       
      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
       
      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
       
      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
       
      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
       
      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
       
      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
       
      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
       
      opening the mind to new ideas and ideals
Kristi Koerner

The French Revolution and Its Failure - Blogcritics Politics - 0 views

  •  
    Good analysis of the failure of the French revolution versus American revolution
Madeline Rupard

Feedjit: Incredible Tracking Service - 0 views

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    Yes, I never sleep. Anyways, I thought this sample page of visitors to a website about languages was incredibly precise and accurate. How does a computer get this knowledge, one might ask? (Does google have a tracker on where people come from to help their ads/ search services?)
Parker Woody

Boolean Data Type - 0 views

  • Most control structures use a test expression that executes either selection (as in the: if then else) or iteration (as in the while; do while; or for loops) based on the truthfulness or falseness of the expression. Thus, we often talk about the Boolean expression that is controlling the structure. Within many programming languages, this expression must be a Boolean expression and is governed by a tight set of rules. However, in C++ every data type can be used as a Boolean expression because the value of any data type within C++ can be demoted into a Boolean value.
David Potter

Felix Frankfurter's Revenge? A Democracy Built by Judges - 0 views

  •  
    This taped lecture. Summary: Beginning with its landmark decision in Baker v. Carr (1962), the Supreme Court has been actively involved in shaping American democracy for almost 50 years. In his dissent, Justice Felix Frankfurter warned we would rue the day we allowed judges, acting as amateur political scientists, to have the final word on the functioning of American democracy. Enough time has passed to test Justice Frankfurter's hypothesis. Do cases like Bush v. Gore (2000), where five Justices prevented the counting of Florida's votes in the 2000 presidential election, and Citizens United v. Federal Election Commission (2010), where five justices turned American democracy over to corporate lobbyists, mean that Frankfurter was right?
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