|
Golden Straitjacket
Market populism, coined by American journalist and historian Thomas Frank, is the concept that the free market is more democratic than any political democracy. Frank himself does not believe this premise and sets forth arguments against it in his book '' One Market Under God''. The concept received major widespread prominence in the 1990s when it was used to justify the New Economy, which consisted of a long bullish trend, and support for the free market. History The concept's origins stretch back at least as far as 1933, when political scientist Harold Lasswell wrote: 1990s America The concept of market populism became especially popular during the American New Economy, which began in the 1990s. Academics, executives, and leaders in the Democratic and Republican parties all shared the idea that markets were a popular system. In other words, because markets were considered to be efficient at allocating resources, therefore the application of market principles would root out i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thomas Frank (political Commentator)
Thomas Carr Frank (born March 21, 1965) is an American political analyst, and historian. He co-founded and edited ''The Baffler'' magazine. Frank is the author of the books '' What's the Matter with Kansas?'' (2004) and '' Listen, Liberal'' (2016), among others. From 2008 to 2010 he wrote "The Tilting Yard", a column in ''The Wall Street Journal.'' A historian of culture and ideas, Frank analyzes trends in American electoral politics and propaganda, advertising, popular culture, mainstream journalism, and economics. His topics include the rhetoric and impact of culture wars in American political life and the relationship between politics, economics, and culture in the United States. Early life Frank was born in Kansas City, Missouri, and grew up in Mission Hills, Kansas. He graduated from Shawnee Mission East High School, and in 1988 from the University of Virginia with a Bachelor of Arts degree in history after transferring from the University of Kansas in his freshman year. Fra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thomas Friedman
Thomas Loren Friedman ( ; born July 20, 1953) is an American political commentator and author. He is a three-time Pulitzer Prize winner who is a weekly columnist for ''The New York Times''. He has written extensively on foreign affairs, global trade, the Middle East, globalization, and environmental issues. Friedman began his career as a reporter and won two Pulitzer Prizes in the 1980s for his coverage on conflict in Lebanon and politics in Israel, followed by a further prize in 2002 for commentary on the war on terror. Early life and education Friedman was born on July 20, 1953, in Minneapolis, Minnesota, the son of Margaret and Harold Friedman. Harold, who was vice president of a ball bearing company, United Bearing, died of a heart attack in 1973 when Tom was nineteen years old. Margaret, who served in the United States Navy during World War II and studied Home Economics at the University of Wisconsin, was a Homemaking, homemaker and a Part-time job, part-time bookkeeper. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Libertarian Terms
Libertarianism (from ; or from ) is a political philosophy that holds freedom, personal sovereignty, and liberty as primary values. Many libertarians believe that the concept of freedom is in accord with the Non-Aggression Principle, according to which each individual has the right to live as they choose, as long as they do not violate the rights of others by initiating force or fraud against them. Libertarians advocate the expansion of individual autonomy and political self-determination, emphasizing the principles of equality before the law and the protection of civil rights, including the rights to freedom of association, freedom of speech, freedom of thought and freedom of choice. They generally support individual liberty and oppose authority, state power, warfare, militarism and nationalism, but some libertarians diverge on the scope and nature of their opposition to existing economic and political systems. Schools of libertarian thought offer a range of views regard ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Libertarian Theory
Libertarianism (from ; or from ) is a political philosophy that holds freedom, personal sovereignty, and liberty as primary values. Many libertarians believe that the concept of freedom is in accord with the Non-Aggression Principle, according to which each individual has the right to live as they choose, as long as they do not violate the rights of others by initiating force or fraud against them. Libertarians advocate the expansion of individual autonomy and political self-determination, emphasizing the principles of equality before the law and the protection of civil rights, including the rights to freedom of association, freedom of speech, freedom of thought and freedom of choice. They generally support individual liberty and oppose authority, state power, warfare, militarism and nationalism, but some libertarians diverge on the scope and nature of their opposition to existing economic and political systems. Schools of libertarian thought offer a range of vie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Free Market
In economics, a free market is an economic market (economics), system in which the prices of goods and services are determined by supply and demand expressed by sellers and buyers. Such markets, as modeled, operate without the intervention of Forms of government, government or any other external authority. Proponents of the free market as a normative ideal contrast it with a regulated market, in which a government intervenes in supply and demand by means of various methods such as taxes or regulations. In an idealized free market economy, prices for goods and services are set solely by the bids and offers of the participants. Scholars contrast the concept of a free market with the concept of a Coordinated market economy, coordinated market in fields of study such as political economy, new institutional economics, economic sociology, and political science. All of these fields emphasize the importance in currently existing market systems of rule-making institutions external to th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Market Fundamentalism
Market fundamentalism, also known as free-market fundamentalism, is a term applied to a strong belief in the ability of unregulated '' laissez-faire'' or free-market capitalist policies to solve most economic and social problems. It is often used as pejorative by critics of said beliefs.''market fundemmentalism'', UNESCWA/ref> Origins and use Palagummi Sainath believes Jeremy Seabrook, a journalist and campaigner, first used the term. The term was used by Jonathan Benthall in an '' Anthropology Today'' editorial in 1991 and by John Langmore and John Quiggin in their 1994 book ''Work for All''. According to economist John Quiggin, the standard features of economic fundamentalist rhetoric are dogmatic assertions combined with the claim that anyone who holds contrary views is not a real economist. Quiggin, John. ''Rationalism and Rationality in Economics'', 1999, On Line Opinion, www.onlineopinion.com.au However, Kozul-Wright states in his book ''The Resistible Rise of M ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Asian Values
Asian values is a political ideology that attempts to define elements of society, culture and history common to the nations of Southeast and East Asia, particularly values of commonality and collectivism for social unity and economic good — contrasting with perceived European ideals of the universal rights of all individuals. Definition Various definitions of ''Asian values'' have been put forth. Generally, the phrase alludes to influences by Confucianism, in particular, filial piety or loyalty towards the family, corporation, and nation; the forgoing of personal freedom for the sake of society's stability and prosperity; the pursuit of academic and technological excellence; and, a strong work ethic together with thrift. Supporters of Chinese-style authoritarian governments claim that Asian values are more appropriate for the region than Western democracy with its emphasis on individual freedoms. "Asian values" were codified and promoted in the Bangkok Declaration of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Lexus And The Olive Tree
''The Lexus and the Olive Tree: Understanding Globalization'' is a 1999 book by Thomas L. Friedman that posits that the world is currently undergoing two struggles: the drive for prosperity and development, symbolized by the Lexus LS, and the desire to retain identity and traditions, symbolized by the olive tree. Narrative Friedman explains "globalization" by recounting stories of his actual experiences in interfacing with many of the global movers and shakers. He proposes that "globalization is not simply a trend or fad but is, rather, an international system. It is the system that has replaced the old Cold War system, and, like that Cold War System, globalization has its own rules and logic that today directly or indirectly influence the politics, environment, geopolitics and economics of virtually every country in the world." The "Big Idea" in ''The Lexus and the Olive Tree'' is found on page 223 where Friedman explains that: "if you can't see the world, and you can't see t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Republican Party (United States)
The Republican Party, also known as the Grand Old Party (GOP), is a Right-wing politics, right-wing political parties in the United States, political party in the United States. One of the Two-party system, two major parties, it emerged as the main rival of the then-dominant Democratic Party (United States), Democratic Party in the 1850s, and the two parties have dominated American politics since then. The Republican Party was founded in 1854 by anti-slavery activists opposing the Kansas–Nebraska Act and the expansion of slavery in the United States, slavery into U.S. territories. It rapidly gained support in the Northern United States, North, drawing in former Whig Party (United States), Whigs and Free Soil Party, Free Soilers. Abraham Lincoln's 1860 United States presidential election, election in 1860 led to the secession of Southern states and the outbreak of the American Civil War. Under Lincoln and a Republican-controlled Congress, the party led efforts to preserve th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Free Market
In economics, a free market is an economic market (economics), system in which the prices of goods and services are determined by supply and demand expressed by sellers and buyers. Such markets, as modeled, operate without the intervention of Forms of government, government or any other external authority. Proponents of the free market as a normative ideal contrast it with a regulated market, in which a government intervenes in supply and demand by means of various methods such as taxes or regulations. In an idealized free market economy, prices for goods and services are set solely by the bids and offers of the participants. Scholars contrast the concept of a free market with the concept of a Coordinated market economy, coordinated market in fields of study such as political economy, new institutional economics, economic sociology, and political science. All of these fields emphasize the importance in currently existing market systems of rule-making institutions external to th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Democratic Party (United States)
The Democratic Party is a Centre-left politics, center-left political parties in the United States, political party in the United States. One of the Major party, major parties of the U.S., it was founded in 1828, making it the world's oldest active political party. Its main rival since the 1850s has been the Republican Party (United States), Republican Party, and the two have since dominated American politics. The Democratic Party was founded in 1828 from remnants of the Democratic-Republican Party. Senator Martin Van Buren played the central role in building the coalition of state organizations which formed the new party as a vehicle to help elect Andrew Jackson as president that year. It initially supported Jacksonian democracy, agrarianism, and Manifest destiny, geographical expansionism, while opposing Bank War, a national bank and high Tariff, tariffs. Democrats won six of the eight presidential elections from 1828 to 1856, losing twice to the Whig Party (United States) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Harold Lasswell
Harold Dwight Lasswell (February 13, 1902 – December 18, 1978) was an American political scientist and communications theorist. He earned his bachelor's degree in philosophy and economics and his Ph.D. from the University of Chicago. He was a professor of law at Yale University. He served as president of the American Political Science Association, American Society of International Law, and World Academy of Art and Science. According to a biographical memorial written by Gabriel Almond at the time of Lasswell's death, and published by the National Academies of Sciences in 1987, Lasswell "ranked among the half dozen creative innovators in the social sciences in the twentieth century." At the time, Almond asserted that "few would question that he was the most original and productive political scientist of his time." Areas of research in which Lasswell worked included the importance of personality, social structure, and culture in the explanation of political phenomena. Lasswel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
