47 books
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22 voters
Economy
An economy (From Greek οίκος – "household" and νęμoμαι – "manage") is an area of the production, distribution, or trade, and consumption of goods and services by different agents in a given geographical location. Understood in its broadest sense, 'The economic is defined as a social domain that emphasizes the practices, discourses, and material expressions associated with the production, use and management of resources'. Economic agents can be individuals, businesses, organizations, or governments. Economic transactions occur when two parties agree to the value or price of the transacted good
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Both political parties have moved to the right during the neoliberal period. Today’s New Democrats are pretty much what used to be called “moderate Republicans.” The “political revolution” that Bernie Sanders called for, rightly, would not have greatly surprised Dwight Eisenhower.
The fate of the minimum wage illustrates what has been happening. Through the periods of high and egalitarian growth in the ‘50s and ‘60s, the minimum wage—which sets a floor for other wages—tracked productivity. That
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This book was under arrest, along with its author. This event occurred on March 27, 1986. During that time, the totalitarian system in East Europe was called socialism and even by the scientific nonsense and absurd names of Communism and Communist system. In this system, the official ideology was allegedly Marxism, but really it could not endure any Marxist criticism. Since this “socialist” system was afraid of the weapon of criticism, it applied criticism of the weapon against its own citizens,
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― Socialism Is Dead! Long Live Socialism!: The Marx Code-Socialism with a Human Face
― Socialism Is Dead! Long Live Socialism!: The Marx Code-Socialism with a Human Face
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