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Jessica Olsen

capitalism Facts, information, pictures | Encyclopedia.com articles about capitalism - 0 views

www.encyclopedia.com/...capitalism.aspx

economics online research capitalism us economy politics wealth money income treatise theories encyclopedia com articles information encyclopedia facts value

shared by Jessica Olsen on 12 Jan 13 - No Cached
  • Yet capitalism cannot function if violence is too great or if it is continuous.
  • There must be substantial pauses between wars and revolutions. Government must be able to prevent mob violence. The typical entrepreneur of early capitalism, unlike the feudal lord, was unwarlike by temperament and motivated by the search for profit. Bourgeois civilization, compared with the forms of social organization that preceded it or with the totalitarian forms that now compete with it, has remained inherently peaceable, rationalistic, and materialistic.
  • The enforcement of commercial contracts by the state and the extension and protection of property rights—all essential to the development of capitalism—required a strong government. The process of saving, investment, risk-taking, and profit-making flourished best, however, when the powers of the state were restricted so that their exercise would not be arbitrary
  • ...3 more annotations...
  • With the coming of the New Deal in the early 1930s, however, it became impossible to maintain the sacrosanct character of private property. A series of decisions by the Supreme Court validating New Deal legislation removed the constitutional barrier to governmental action in the economic field.
  • e series of economic measures of the New Deal, including control of agricultural prices, production, and marketing; the sanctioning and support of collective bargaining; social security legislation; the increase in the progressivity of income taxes; regulation of the security exchanges; increased governmental control over money and banking; the conscious use of deficit financing; the great increase in the proportion of national income flowing through the governmental budget; and the great increase in the proportion of the labor force in governmental employment, meant a significant change in the capitalistic system. The later legislative acceptance, which came about after World War ii, of the responsibility of the federal government to attempt to maintain full employment represented another step in the same direction. All these changes served to differentiate modified capitalism from old-style capitalism. [SeeWelfare state.]
  • "Capitalism." International Encyclopedia of the Social Sciences. 1968. Encyclopedia.com. 11 Jan. 2013 <http://www.encyclopedia.com>.
Jessica Olsen

AmpedStatus - Knowledge Is Power - 0 views

ampedstatus.com

news politics america government us wealth economy income Sociology economics

shared by Jessica Olsen on 02 Feb 13 - Cached
  • t’s time to Occupy Democracy
  • Through a system of legalized bribery — campaign finance, lobbying and the revolving door between Washington and the most powerful global corporations — our government has devolved into a rigged system of exploitation.
  • we will focus our energy on striking at the root of evil by ending the system of political bribery that holds our future hostage.
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  • The first is a Public Service Announcement campaign to pump the message out to the masses. Here’s the first 30-second spot to come out of the new 99% Get Money Out campaign:
  • The second effort is a campaign that I am currently focusing my time on, and is without a doubt the most ambitious project I have ever been part of. The #MoneyOutPack is a collaborative community and social network dedicated to, you guessed it, getting money out of politics and combating government corruption. The campaign and website are still in development, but it is a highly participatory citizen empowered movement driven by a decentralized and distributed network of power, effectively maximizing and riding the wave of communication technology that the internet has created for new movements of change to thrive.
  • Jessica Olsen on 02 Feb 13
     
    The 99% movement, article about non-profit activities that are political. Wall-Street is under attack by this group who wants to change the hands that all the money is in.
Jessica Olsen

Poverty In America - Business Insider - 0 views

www.businessinsider.com/poverty-in-america-2012-9

us economy wealth money distribution research economics income politics debate poverty america business insider government Sociology news

shared by Jessica Olsen on 02 Feb 13 - No Cached
  • Eric Platt
  • 46.2 million Americans are under the poverty line — that's 15.7 percent of the country
  • 1-in-15 American households earned less than $11,406, the second highest percentage since 1967
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  • Median household incomes fell 1.5 percent to $50,100
  • The bottom 10 percent of earners made the same amount of money in 2011 as they did in 1994
  • Jessica Olsen on 02 Feb 13
     
    Short article highlighting the census bureau's latest statistics on poverty. Links to charts from the CB. Gives a list of statistics on poverty in US.
Jessica Olsen

The Richest 1% Have Captured America's Wealth -- What's It Going to Take to Get It Back... - 0 views

www.alternet.org/...t_going_to_take_to_get_it_back

america wealth economy politics government income economics poverty money distribution debate business us

shared by Jessica Olsen on 02 Feb 13 - No Cached
  • February 16, 2010  |       Like this article?Join our email list:Stay up to date with the latest headlines via email.       if (typeof window.GA_googleFillSlotWithSize == 'function') { GA_googleFillSlotWithSize('ca-pub-5155643920455169', 'AlterNet_Economy_300', 300, 250); }   This is Part II of David DeGraw's report, "The Economic Elite vs. People of the USA."
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