Welfare Capitalism
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Welfare Capitalism
Welfare capitalism is capitalism that includes social welfare policies and/or the practice of businesses providing welfare services to their employees. Welfare capitalism in this second sense, or industrial paternalism, was centered on industries that employed skilled labor and peaked in the mid-20th century. Today, welfare capitalism is most often associated with the models of capitalism found in Central Mainland and Northern Europe, such as the Nordic model and social market economy (also known as Rhine capitalism and social capitalism). In some cases welfare capitalism exists within a mixed economy, but welfare states can and do exist independently of policies common to mixed economies such as state interventionism and extensive regulation. Language "Welfare capitalism" or "welfare corporatism" is somewhat neutral language for what, in other contexts, might be framed as "industrial paternalism", "industrial village", "company town", "representative plan", "industrial betterm ...
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Capitalism
Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. Central characteristics of capitalism include capital accumulation, competitive markets, price system, private property, property rights recognition, voluntary exchange, and wage labor. In a market economy, decision-making and investments are determined by owners of wealth, property, or ability to maneuver capital or production ability in capital and financial markets—whereas prices and the distribution of goods and services are mainly determined by competition in goods and services markets. Economists, historians, political economists and sociologists have adopted different perspectives in their analyses of capitalism and have recognized various forms of it in practice. These include ''laissez-faire'' or free-market capitalism, anarcho-capitalism, state capitalism and welfare capitalism. Different forms of capitalism feature varying ...
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Manchester
Manchester () is a city in Greater Manchester, England. It had a population of 552,000 in 2021. It is bordered by the Cheshire Plain to the south, the Pennines to the north and east, and the neighbouring city of Salford to the west. The two cities and the surrounding towns form one of the United Kingdom's most populous conurbations, the Greater Manchester Built-up Area, which has a population of 2.87 million. The history of Manchester began with the civilian settlement associated with the Roman fort ('' castra'') of ''Mamucium'' or ''Mancunium'', established in about AD 79 on a sandstone bluff near the confluence of the rivers Medlock and Irwell. Historically part of Lancashire, areas of Cheshire south of the River Mersey were incorporated into Manchester in the 20th century, including Wythenshawe in 1931. Throughout the Middle Ages Manchester remained a manorial township, but began to expand "at an astonishing rate" around the turn of the 19th century. Manchest ...
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Lowell, Massachusetts
Lowell () is a city in Massachusetts, in the United States. Alongside Cambridge, It is one of two traditional seats of Middlesex County. With an estimated population of 115,554 in 2020, it was the fifth most populous city in Massachusetts as of the last census, and the third most populous in the Boston metropolitan statistical area. The city also is part of a smaller Massachusetts statistical area, called Greater Lowell, and of New England's Merrimack Valley region. Incorporated in 1826 to serve as a mill town, Lowell was named after Francis Cabot Lowell, a local figure in the Industrial Revolution. The city became known as the cradle of the American Industrial Revolution because of its textile mills and factories. Many of Lowell's historic manufacturing sites were later preserved by the National Park Service to create Lowell National Historical Park. During the Cambodian genocide (1975–1979), the city took in an influx of refugees, leading to a Cambodia Town and Americ ...
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Bristol
Bristol () is a city, ceremonial county and unitary authority in England. Situated on the River Avon, it is bordered by the ceremonial counties of Gloucestershire to the north and Somerset to the south. Bristol is the most populous city in South West England. The wider Bristol Built-up Area is the eleventh most populous urban area in the United Kingdom. Iron Age hillforts and Roman villas were built near the confluence of the rivers Frome and Avon. Around the beginning of the 11th century, the settlement was known as (Old English: 'the place at the bridge'). Bristol received a royal charter in 1155 and was historically divided between Gloucestershire and Somerset until 1373 when it became a county corporate. From the 13th to the 18th century, Bristol was among the top three English cities, after London, in tax receipts. A major port, Bristol was a starting place for early voyages of exploration to the New World. On a ship out of Bristol in 1497, John Cabot, a Venetia ...
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Blaise Hamlet
Blaise Hamlet is a group of nine small cottages around a green in Henbury, now a district in the north of Bristol, England. All the cottages, and the sundial on the green are Grade I listed buildings. Along with Blaise Castle the Hamlet is listed, Grade II*, on the Register of Historic Parks and Gardens of special historic interest in England. Nikolaus Pevsner described Blaise Hamlet as "the ne plus ultra of picturesque layout and design". Blaise Hamlet was built around 1811 for retired employees of Quaker banker and philanthropist John Scandrett Harford, who owned Blaise Castle House. The hamlet was designed by John Nash, master of the Picturesque style. He had worked for Harford on other buildings. The hamlet is the first fully realised exemplar of the garden suburb and laid out the road map for virtually all garden suburbs that followed. The cottages are all unique and include brick chimneys and dormer windows with some having thatched roofs. They are examples of the Pictu ...
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Norfolk
Norfolk () is a ceremonial and non-metropolitan county in East Anglia in England. It borders Lincolnshire to the north-west, Cambridgeshire to the west and south-west, and Suffolk to the south. Its northern and eastern boundaries are the North Sea, with The Wash to the north-west. The county town is the city of Norwich. With an area of and a population of 859,400, Norfolk is a largely rural county with a population density of 401 per square mile (155 per km2). Of the county's population, 40% live in four major built up areas: Norwich (213,000), Great Yarmouth (63,000), King's Lynn (46,000) and Thetford (25,000). The Broads is a network of rivers and lakes in the east of the county, extending south into Suffolk. The area is protected by the Broads Authority and has similar status to a national park. History The area that was to become Norfolk was settled in pre-Roman times, (there were Palaeolithic settlers as early as 950,000 years ago) with camps along the highe ...
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Trowse
Trowse (pronounced by those from Norwich and by elderly residents of the village), also called Trowse with Newton, is a village in South Norfolk which lies about south-east of Norwich city centre on the banks of the River Yare. It covers an area of and had a population of 479 in 233 households at the 2001 census, the population increasing to 862 in 374 households at the 2011 Census. There are approved plans to build a further 770 houses on the outskirts of the village, at White Horse Lane and the Deal Ground sites. History Trowse is one of a small family of model villages in Great Britain. As Bournville is to Birmingham, Port Sunlight to Liverpool, so Trowse is to Norwich. Trowse was created (or more accurately expanded) by the Colman family during the 1800s for workers at Colman's mustard factory. The family still owns much of the surrounding land. It is also home to another great, old-established Norfolk family business – May Gurney – a major civil engineering an ...
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Model Village
A model village is a type of mostly self-contained community, built from the late 18th century onwards by landowners and business magnates to house their workers. Although the villages are located close to the workplace, they are generally physically separated from them and often consist of relatively high-quality housing, with integrated community amenities and attractive physical environments. "Model" is used in the sense of an ideal to which other developments could aspire. British Isles The term model village was first used by the Victorians to describe the new settlements created on the rural estates of the landed gentry in the eighteenth century. As landowners sought to improve their estates for aesthetic reasons, new landscapes were created and the cottages of the poor were demolished and rebuilt out of sight of their country house vistas. New villages were created at Nuneham Courtenay when the village was rebuilt as plain brick dwellings either side of the main road, a ...
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Utopian Socialism
Utopian socialism is the term often used to describe the first current of modern socialism and socialist thought as exemplified by the work of Henri de Saint-Simon, Charles Fourier, Étienne Cabet, and Robert Owen. Utopian socialism is often described as the presentation of visions and outlines for imaginary or futuristic ideal societies, with positive ideals being the main reason for moving society in such a direction. Later socialists and critics of utopian socialism viewed utopian socialism as not being grounded in actual material conditions of existing society. These visions of ideal societies competed with revolutionary and social democratic movements. As a term or label, ''utopian socialism'' is most often applied to, or used to define, those socialists who lived in the first quarter of the 19th century who were ascribed the label utopian by later socialists as a pejorative in order to imply naïveté and to dismiss their ideas as fanciful and unrealistic.''Newman, Micha ...
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Henri De Saint-Simon
Claude Henri de Rouvroy, comte de Saint-Simon (17 October 1760 – 19 May 1825), often referred to as Henri de Saint-Simon (), was a French political, economic and socialist theorist and businessman whose thought had a substantial influence on politics, economics, sociology and the philosophy of science. He is a younger relative of the famous memoirist the Duc de Saint-Simon. Saint-Simon created a political and economic ideology known as Saint-Simonianism that claimed that the needs of an ''industrial class'', which he also referred to as the working class, needed to be recognized and fulfilled to have an effective society and an efficient economy.Keith Taylor (ed, tr.). ''Henri de Saint Simon, 1760-1825: Selected writings on science, industry and social organization''. New York, USA: Holmes and Meier Publishers, Inc, 1975. pp. 158–161. Unlike conceptions within industrializing societies of a working class being manual labourers alone, Saint-Simon's late-18th-century concepti ...
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Cooperative Store
A consumers' co-operative is an enterprise owned by consumers and managed democratically and that aims at fulfilling the needs and aspirations of its members. Such co-operatives operate within the market system, independently of the state, as a form of mutual aid, oriented toward service rather than pecuniary profit. Consumers' cooperatives often take the form of retail outlets owned and operated by their consumers, such as food co-ops. However, there are many types of consumers' cooperatives, operating in areas such as health care, insurance, housing, utilities and personal finance (including credit unions). In some countries, consumers' cooperatives are known as cooperative retail societies or retail co-ops, though they should not be confused with retailers' cooperatives, whose members are retailers rather than consumers. Consumers' cooperatives may, in turn, form cooperative federations. These may come in the form of cooperative wholesale societies, through which consumers' ...
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Legal Tender
Legal tender is a form of money that courts of law are required to recognize as satisfactory payment for any monetary debt. Each jurisdiction determines what is legal tender, but essentially it is anything which when offered ("tendered") in payment of a debt extinguishes the debt. There is no obligation on the creditor to accept the tendered payment, but the act of tendering the payment in legal tender discharges the debt. Some jurisdictions allow contract law to overrule the status of legal tender, allowing (for example) merchants to specify that they will not accept cash payments. Coins and banknotes are usually defined as legal tender in many countries, but personal cheques, credit cards, and similar non-cash methods of payment are usually not. Some jurisdictions may include a specific foreign currency as legal tender, at times as its exclusive legal tender or concurrently with its domestic currency. Some jurisdictions may forbid or restrict payment made by other than ...
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