Crony capitalism

I H. HAVE-NOTS: GENERAL MEANING The word 'have-not' is specifically used for those human beings who are deliberately denied of the means of livelihood by the those who welter in wealth. The term can be better understood if it is juxtaposed with its antonym, 'have'. Apart from its direct and literal meaning, it has wider connotations. In fact, all human beings are 'haves' and 'have-nots' both in some way or the other. 1. Have-nots: Genesis and Etymological Interpretation - The…

Richard Peet and Elaine Hartwick’s book Theories of Development explains about Development as Modernization in chapter 4. In the beginning of this chapter, Peet and Hartiwick provided history of approaches to modern economic progress through explaining about Naturalism and Rationalism. Herbert Spencer clarified about Naturalism which is if there were great environments, these were able to create increased economic and make better politics and well supported societies. Also, they explained about…

Thornstein Veblen and the Theory of the Leisure Class Thorstein Bunde Veblen was a 19th century Norwegian-American economist and sociologist who attained a degree of reputation thanks to his critique of Capitalism, especially after the Stock Market Crash of 1929 and the ensuing period of Great Depression. Veblen published his most prominent work, “The Theory of the Leisure Class” in 1899, in which he married Darwinism to Sociology to present a concept of evolutionary development of human…

Daniel Dale US History 2020 The myth of the robber barons, a review “The myth of the robber barons” by Burton W. Folsom Jr. is a History Professor at the College of Hillsdale who tells the story of big business in early america and shows the men of this time period being the reasoning for america's advancement into its own industrial and transportation revolution, he writes this book for the college student wanting to understand american market practice of the time as well as the light reader…

A protest is an expression of bearing witness on behalf of an express cause by words or actions with regard to particular events, policies or situation. There was an activist movement that took place In September 17, 2011, in Zuccotti Park of lower Manhattan, activist call it “Occupy Wall Street”. After reading the book “Occupy nation’’ by Todd Gitlin I learned more about the purpose and motivation that lead to this movement. Before I read the book, I remember watching the news showing people in…

The Four P’s of Imperialism Imperialism is a process known as an expansion of one country’s power through something known as diplomacy or military force. This allowed the country to be helped in an economic way through a process known as domination. Imperialism has something known as the 4 P’s which helped to describe the different parts of Imperialism and how each part affected the United States. Piety, Profits, Patriotism, and Politics are known as the 4 P’s of imperialism which was the…

Albert Einstein covers several topics in his essay, Why Socialism, including: the duality of a person, the shortcomings of capitalism, and how some aspects of socialism could help solve the socio-economic crises we face today. Rather than promoting a private economy blinded by selfish interests, Einstein advocates for a planned economy that “adjusts production to the needs of the community” (Einstein). Moreover, he emphasis the role of the common people in making a successful transition toward a…

1. How did growing social and gender hierarchies and expanding networks of trade increase the complexity of human society in the Neolithic period? In the Neolithic period of human civilization, societal developments like agricultural revolution led to social ranking or "hierarchies" and patriarchal favor. The latter customs became increasingly integrated into the daily ways of men and women as plow agriculture dominated human ways of life. As This period of agricultural renaissance and trade…

Charlottesville: A Durkheimian Perspective Introduction Emile Durkheim plays a pivotal role in the field of sociology. His innovative research paved the way to new theories that help us explain and understand the way society works. Durkheim is responsible for numerous contributions to the field of sociology, but is often known for his theories on collective conscience, solidarity, and anomie. Collective Conscience Collective conscience denotes the interest of the collective level of…

In the book Freakonomics the authors, Stephen Levitt and Stephen Dubner, takes a novel approach to studying economics, sharing its most interesting research. First they begin with the topic of correlation and causation. According to them correlation means, “A relationship exists between two factors—let’s call them X and Y—but it tells you nothing about the direction of that relationship. It’s possible that X causes Y; it’s also possible that Y causes X; and it may be that X and Y are both being…