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Showing posts with label capital. Show all posts
Showing posts with label capital. Show all posts

Tuesday, June 12, 2012

Imperial Expansion

While Europeans were dividing up much of the rest of the world, The imperial expansion westward across North America held the attention on many U.S. citizens. Americans used the period of relative peace between their Civil War and the Spanish American war to subdue and confine American Indians.

It seems westward expansion has had a strong effect on our America culture and democracy. Many influential Americans, contrary to some of their founders, decided that the rest of the world was a new frontier for the empire of the rulers of the United States.

It was not long before railroad, steel, and oil business leaders became meg-employers of citizen laborers. Some of the movers and shaker citizens were wise enough and lucky enough to practice a monetary policy that steadily increased the value of the dollar. Foreign lenders were pleased to lend large amounts of wealth at low interests rates to influential Americans. Lenders were pleased to lend because they were being repaid with money worth more than the money they had lent. Americans were able to gather capital to buy arms and  infrastructure that allowed them significant expansion around the world. That expansion cost the people of other lands dearly and allowed some Americans to profit well.

Sunday, January 15, 2012

Man Improve?

Two hundred years ago many of our ancestors thought that man and mankind could improve. They believed that man could reform society and that we could progress. They believed that man could learn to cooperate to that end. They thought that distribution of powers and equality according to generally accepted law would be an improvement. They were lovers of reason, wisdom, liberty, and happiness. They thought that resistance to ignorance and support of learning were virtuous acts.


Two hundred years ago many of our ancestors saw industry as a way to enrich a few and to lower per unit cost. They saw the market as a no holds barred way to do onto them before they do onto us. They believed that the poor would always be, so exploit them and let them go to hell.


Three hundred years ago some of our ancestors saw the short term concentration of capital as useful to the progress of mankind through great works. They also saw that a lawless money marked kept good men from responsibility and gave bad men free reign to exploit who they would as the would.


What do you think today?
 

Thursday, March 10, 2011

Conservative/Liberal



As I remember it:


Conservatives love aristocracy and support oligarchy.


Liberals love the market and support capital.


As Liberals and Conservatives divide the world, where is my place?


I don't see myself in the picture.


Bring me up to date, please.

Wednesday, January 5, 2011

Between Conservative and Liberal

It seems that Liberals and conservatives haven't been able to agree even on the meaning of 'conservative' and 'liberal.' 


However,......
I believe that I have found one idea wherein they have found agreement.In listening to those who speak in a moderate tone of voice, I seem to be hearing them express the idea that it would be good for us to attend to the long term. They agree that we should give more attention to understanding and planning for the long term.


Well, making time to attend to our long term doings and dealings seems reasonable to me.


If any long term attending occurs, I hope it includes attending to the salary, wages, and well being of my neighbors as much a it does to the manipulation of big capital.


Who's job is it to attend to the long term? Who, among us, is responsible for long term attention to the important?