Flax was a major industry because of the ease of production. The prosaic nature of the homespun ideal led it to be the symbol of the revolution. It also induced progress. Benjamin Franklin referred to it as the "first Ages of the world." But this was linked to European finery, historically made from the animal skins of the Indians, who did not have a cloth-making industry. In his 1787 Notes on the State of Virginia, Thomas Jefferson declared all forms of manufacturing, including household, as a mortal threat to American virtue. As the American president in 1806, he drew the attention of Cherokee chiefs on the civilizing effect of spinning and weaving their own cotton cloths. In 1812, Jefferson and John Adams agreed to a common homespun vision of commercial progress (Zakim).
The overall view is that capitalism threatens or hinders democracy (Muller 2007). Capitalism involves an inequality of reward, while democracy draws from the concept of equality. The inequality and the influence of the wealthy over the politically powerful deter the equality guaranteed by democracy. On the other hand, there is an argument for the compatibility of the two ideologies. Democracy checks on the rough edges of capitalism and renders capitalism more legitimate. The transfer of payments from the rich to the poor and insurance against illness, unemployment and old age are examples. The market is seen as likely to more efficient than representative democracy. Adam Smith explained in his "Wealth of Nations" that productivity would increase with market expansion. Supply and demand, not political assent or will, dictate prices. These prices, in turn, provide monetary incentives to businesses, landlords and workers to place their resources where they will be of the greatest profit for them. Prices and wages also point to where effective demand is greater than supply can be found. These indicate that when the competitive market becomes more productive, efficient and innovative, the standard of living necessarily goes up. And a rising standard of living conduces to democracy (Muller).
A growing economy also discourages political conflict in that it encourages the redistribution of wealth (Muller 2007). The income of some may increase but not at the expense of others. The market will operate most effectively if every citizen can sell labor, invest capital, or rent land in a way that will promote his self-interest. But Adam...
Vatican II Vatican II, officially known as the Second Vatican Council, was a meeting of many leaders of the Catholic Church to discuss both theological and social issues pertaining to the Church in the modern era. Convened by Pope John XXIII in the 1960s and continued by his successor Paul VI, the main goal of the Second Vatican Council was to establish the Church's role and meaning in the modern world,
During his first few months in Paris, Marx became a communist and put forth his views in a plethora of writings known as the Economic and philosophical Manuscripts, that remained unpublished until the 1930s. It was also in Paris that Marx developed his life long association with Friedrich Engels. (Karl Marx, 1818-1883) At the end of 1844 Marx was debarred from Paris and with Engels migrated to Brussels. In the
The novel opens seven years after Gabo's mother, Ximena, was murdered by coyotes -- or paid traffickers -- during an attempt to cross the border. Her mutilated body was found, her organs gone -- sold most likely. Because of the fear surrounding this border town and the lure of the other side, all of the characters become consumed with finding Rafa. These people are neglected and abused. Like other fiction
One of the failures of the current system is that it often does not account for cultural and resource differences between nations - instead a one-size fits all economic system is imposed universally. Over time, each society will find its own path. Some societies will fail to adapt and ultimately disappear. That is part of the evolutionary process. The key is that right now all societies are not given
It is about freer movement of goods, resources and enterprises in a bid to always find cheaper resources, to maximize profits and efficiency" (Shah, 2007). Therefore, this means development for both the areas that sell these resources, as well as for the actors which buy them and use them in the manufacturing business. It is argued however, that the ones who benefit from raw materials at a lower price
6. I disagree with fascism. Fascism promotes the whole of society over the individual, which appears to be a sound policy. However, in reality, fascist societies result in the widespread denial of basic human rights to those who do not fit into the government vision of normalcy. 7. I disagree with communism as an ideology, because its focus on collective ownership of resources ignores one of the basic truths about human
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