It was created on December 23, 1913, with the enactment of the Federal Reserve Act, largely in response to a series of financial panics, particularly a severe panic in 1907. Over time, the roles and responsibilities of the Federal Reserve System have expanded, and its structure has evolved. Events such as the Great Depression were major factors leading to changes in the system. The U.S. Plutocracy.
Plutocracy (from Greek πλοῦτος, ploutos, meaning "wealth", and κράτος, kratos, meaning "power, dominion, rule") or plutarchy, is a form of oligarchy and defines a society or a system ruled and dominated by the small minority of the wealthiest citizens.
The first known use of the term was in 1652. Unlike systems such as democracy, capitalism, socialism or anarchism, plutocracy is not rooted in an established political philosophy. The concept of plutocracy may be advocated by the wealthy classes of a society in an indirect or surreptitious fashion, though the term itself is almost always used in a pejorative sense. Usage Examples Oligarchy. Oligarchy (from Greek ὀλιγαρχία (oligarkhía); from ὀλίγος (olígos), meaning "few", and ἄρχω (arkho), meaning "to rule or to command") is a form of power structure in which power effectively rests with a small number of people.
These people could be distinguished by royalty, wealth, family ties, education, corporate, or military control. Such states are often controlled by a few prominent families who typically pass their influence from one generation to the next, but inheritance is not a necessary condition for the application of this term. Simon Critchley: What Is Normal?
Profit (economics) In neoclassical microeconomic theory, the term profit has two related but distinct meanings.
Economic profit is similar to accounting profit but smaller because it reflects the total opportunity costs (both explicit and implicit) of a venture to an investor. Normal profit refers to a situation in which the economic profit is zero. A related concept, sometimes considered synonymous to profit in certain contexts, is that of economic rent. In Classical economics and Marxian economics, profit is the return to an owner of capital goods or natural resources in any productive pursuit involving labor, or a return on bonds and money invested in capital markets. By extension, in Marxian economic theory, the maximization of profit corresponds to the accumulation of capital, which is the driving force behind economic activity within the capitalist mode of production.
Related concepts include profitability and the profit motive.
Democratic government 'slippage'- implosion. Free speech - online freedom. Quellcode entschlüsselt: Beweis für NSA-Spionage in Deutschland. If you read Boing Boing, the NSA considers you a target for deep surveillance. This bastardised libertarianism makes 'freedom' an instrument of oppression.
Illustration by Daniel Pudles.
PRIVATE PRISONS AMERICA. Stephen Fry on American Prisons Facts (MIRROR) The Abu Ghraib of Los Angeles? Inmates Seek to Advance Jefferson County Overcrowding Suit - Bankruptcy Beat. Police State. The Shock Doctrine. The Shock Doctrine. The Shock Doctrine 2009 Movie Trailer MattTrailer com DVD Clips, Previews, Movie Teasers & Trailers. Naomi Klein: The Shock Doctrine. The Shock Doctrine (NL ondertiteling) 1/6 - De waarheid achter de globale vrije markteconomie. Donald Ewen Cameron. Donald Ewen Cameron ((1901-12-24)24 December 1901 – 8 September 1967(1967-09-08)), commonly referred to as "D.
Ewen Cameron" or "Ewen Cameron," was a 20th-century Scottish-born psychiatrist involved in the United States Central Intelligence Agency's (CIA's) MKULTRA mind control program. Cameron served as President of the Canadian, American and World Psychiatric Associations, the American Psychopathological Association and the Society of Biological Psychiatry during the 1950s. Notwithstanding a career of honors, and leadership in early 1950s psychiatric circles, he has been heavily criticized in some circles for his administration without patient consent of disproportionately-intense electroshock therapy and experimental drugs, including LSD, which caused some patients to become permanently comatose. Early life and career Naomi Klein - The Shock Doctrine: The Rise of Disaster Capitalism. Naomi Klein. Financial Giants Put New York City Cops On Their Payroll.
Videos are springing up across the internet showing uniformed members of the New York Police Department in white shirts (as opposed to the typical NYPD blue uniforms) pepper spraying and brutalizing peaceful, nonthreatening protestors attempting to take part in the Occupy Wall Street marches.
Corporate media are reporting that these white shirts are police supervisors as opposed to rank and file. Recently discovered documents suggest something else may be at work. DN! Capitalism vs. the Climate: Naomi Klein on Need for New Economic Model to Address Ecological Crisis. JUAN GONZÁLEZ: Scientists from NASA have confirmed that last month was the warmest August on record globally.
Much of the world, including central Europe, northern Africa, parts of South America and the western portions of North America, saw much higher than normal temperatures. According to the National Climatic Data Center, August was the 354th consecutive month with a global average temperature above the 20th century average. Ayn Rand. Literary critics received Rand's fiction with mixed reviews, and academia generally ignored or rejected her philosophy, though academic interest has increased in recent decades. The Objectivist movement attempts to spread her ideas, both to the public and in academic settings. She has been a significant influence among libertarians and American conservatives. Life Early life Rand was born Alisa Zinov'yevna Rosenbaum (Russian: Али́са Зиновьевна Розенбаум) on February 2, 1905, to a Russian Jewish bourgeois family living in Saint Petersburg.
Atlas Shrugged. This article is about the novel.
For the film adaptations, see Atlas Shrugged: Part I, Atlas Shrugged: Part II, or Atlas Shrugged: Part III. The theme of Atlas Shrugged, as Rand described it, is "the role of man's mind in existence". The book explores a number of philosophical themes from which Rand would subsequently develop Objectivism. In doing so, it expresses the advocacy of reason, individualism, capitalism, and the failures of governmental coercion. Atlas Shrugged received largely negative reviews after its 1957 publication but achieved enduring popularity and consistent sales in the following decades. Context and writing Rand remarked that the core idea for the book came to her after a 1943 telephone conversation with a friend, who asserted that Rand owed it to her readers to write fiction about her philosophy.
To produce Atlas Shrugged, Rand conducted research on American industry, specifically the railroad industry, which forms a key element in her novel. Atlas Shrugged Trailer. The Fountainhead 1/12. ScienceGuide: College van Gordon Gekko - Yaron Brook. 1 november 2013 - Timo Klein heeft een buitenkans. De jonge Amsterdamse econoom mag doorstuderen aan de London School of Economics. Voor ScienceGuide kijkt hij rond, snuffelt aan het debat, de stijl en de inhouden van deze hotspot. @yaronbrook sur Twitter. WAR ON EDUCATION AND STUDENTS. Nederland buiten kennis. Nederland kan alleen meer verdienen door meer uit te vinden, maar er is gebrek aan de belangrijkste grondstof: kennis.
De technisch hoogopgeleide mensen die voor deze innovaties nodig zijn, studeren niet in Nederland. Zeynep Tufekci: .@schock: Many #ows "media... The Global Justice Movement. Students / teachers / facilitators protests initiatives. #Chile students' #protests 2011 #education 02mySocActi_201109_no. Mass Incarceration and Criminal Justice in America. A prison is a trap for catching time. Wikileaks : Hillary Clinton + State De... Anti-globalization movement.
Wereld Sociaal Forum. Global Warming / Climate Change. END CIV Resist Or Die (Full) Way Beyond Greenwashing: Have Corporations Captured Big Conservation? Jonathan Latham (Photo Credit: auspices) Imagine an international mega-deal. There's No Tomorrow (2012) NASA brengt temperatuurverandering in kaart. Histomapwider.jpg (JPEG Image, 2097 × 9554 pixels) - Scaled (6%)