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Hermann Schulze
Franz Hermann Schulze-Delitzsch, also Hermann Schulze, (29 August 1808 – 29 April 1883) was a German politician and economist. He was responsible for the organizing of the world's first credit unions. He was also co-founder of the German Progress Party. Biography Schulze-Delitzsch was born at Delitzsch, in Saxony. He studied law at Leipzig and Halle universities and, when thirty, he became an assessor in the court of justice at Berlin. Three years later he was appointed ''patrimonial-richter'' at Delitzsch. Entering the parliament of 1848, he joined the Left Centre. At this time, his surname was expanded from Schulze to Schulze-Delitzsch: the name of his birthplace was appended to his surname to distinguish him from other Schulzes in the Prussian National Assembly. Acting as president of the commission of inquiry into the condition of the labourers and artisans, he became impressed with the necessity of co-operation to enable the smaller trades-people to hold their own again ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Leipzig
Leipzig (, ; ; Upper Saxon: ; ) is the most populous city in the States of Germany, German state of Saxony. The city has a population of 628,718 inhabitants as of 2023. It is the List of cities in Germany by population, eighth-largest city in Germany and is part of the Central German Metropolitan Region. The name of the city is usually interpreted as a Slavic term meaning ''place of linden trees'', in line with many other Slavic placenames in the region. Leipzig is located about southwest of Berlin, in the southernmost part of the North German Plain (the Leipzig Bay), at the confluence of the White Elster and its tributaries Pleiße and Parthe. The Leipzig Riverside Forest, Europe's largest intra-city riparian forest, has developed along these rivers. Leipzig is at the centre of Neuseenland (''new lake district''). This district has Bodies of water in Leipzig, several artificial lakes created from former lignite Open-pit_mining, open-pit mines. Leipzig has been a trade city s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bond Of Association
The Bond of Association was a document created in 1584 by Francis Walsingham and William Cecil after the failure of the Throckmorton Plot in 1583. Its purpose was to deter attempts to assassinate Elizabeth I. Contents The document obliged all signatories to execute any person that: *attempted to usurp the throne *successfully usurped the throne *made an attempt on Elizabeth's life *successfully assassinated Elizabeth In the last case, the document also made it obligatory for the signatories to hunt down the killer. Royal approval Elizabeth authorised the Bond to achieve statutory authority. Implications The Bond of Association was a response to the assassination of William the Silent in July 1584, and the continuing threat posed to Elizabeth I by the supporters of Mary, Queen of Scots as a rival claimant to the English throne, in the aftermath of the discovery of the Throckmorton Plot. Mary, Queen of Scots, was herself a signatory of the bond, giving her assent at Wing ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
History Of Credit Unions
Credit unions are not-for-profit financial cooperatives. In the early stages of development of a nation's financial system, unserved and underserved populations had to rely on risky and expensive informal economy, informal financial services from sources like money lenders, ROSCAs and saving at home. Credit unions proved they could meet demand for financial services that banks could not: from professional, middle class and poorer people. Those that served poorer urban and rural communities became an important source of microfinance. The first working credit union models sprang up in Germany in the 1850s and 1860s, and by the end of the 19th Century had taken root in much of Europe. They drew inspiration from cooperative successes in other sectors, such as retail and agricultural marketing (see history of the cooperative movement). Similar institutions were independently developed somewhat earlier in Japan, in the early 19th century, by agrarian reformer and economist Ninomiya S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Belgium
Belgium, officially the Kingdom of Belgium, is a country in Northwestern Europe. Situated in a coastal lowland region known as the Low Countries, it is bordered by the Netherlands to the north, Germany to the east, Luxembourg to the southeast, France to the south, and the North Sea to the west. Belgium covers an area of and has a population of more than 11.8 million; its population density of ranks List of countries and dependencies by population density, 22nd in the world and Area and population of European countries, sixth in Europe. The capital and Metropolitan areas in Belgium, largest metropolitan region is City of Brussels, Brussels; other major cities are Antwerp, Ghent, Charleroi, Liège, Bruges, Namur, and Leuven. Belgium is a parliamentary system, parliamentary constitutional monarchy with a complex Federation, federal system structured on regional and linguistic grounds. The country is divided into three highly autonomous Communities, regions and language areas o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Austria
Austria, formally the Republic of Austria, is a landlocked country in Central Europe, lying in the Eastern Alps. It is a federation of nine Federal states of Austria, states, of which the capital Vienna is the List of largest cities in Austria, most populous city and state. Austria is bordered by Germany to the northwest, the Czech Republic to the north, Slovakia to the northeast, Hungary to the east, Slovenia and Italy to the south, and Switzerland and Liechtenstein to the west. The country occupies an area of and has Austrians, a population of around 9 million. The area of today's Austria has been inhabited since at least the Paleolithic, Paleolithic period. Around 400 BC, it was inhabited by the Celts and then annexed by the Roman Empire, Romans in the late 1st century BC. Christianization in the region began in the 4th and 5th centuries, during the late Western Roman Empire, Roman period, followed by the arrival of numerous Germanic tribes during the Migration Period. A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Weimar
Weimar is a city in the state (Germany), German state of Thuringia, in Central Germany (cultural area), Central Germany between Erfurt to the west and Jena to the east, southwest of Leipzig, north of Nuremberg and west of Dresden. Together with the neighbouring cities of Erfurt and Jena, it forms the central metropolitan area of Thuringia, with approximately 500,000 inhabitants. The city itself has a population of 65,000. Weimar is well known because of its cultural heritage and importance in German history. The city was a focal point of the German Enlightenment and home of the leading literary figures of Weimar Classicism, Johann Wolfgang von Goethe and Friedrich Schiller. In the 19th century, composers such as Franz Liszt made Weimar a music centre. Later, artists and architects including Henry van de Velde, Wassily Kandinsky, Paul Klee, Lyonel Feininger, and Walter Gropius came to the city and founded the Bauhaus movement, the most important German design school of the int ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Capitalism
Capitalism is an economic system based on the private ownership of the means of production and their use for the purpose of obtaining profit. This socioeconomic system has developed historically through several stages and is defined by a number of basic constituent elements: private property, profit motive, capital accumulation, competitive markets, commodification, wage labor, and an emphasis on innovation and economic growth. Capitalist economies tend to experience a business cycle of economic growth followed by recessions. 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, state capitalism, and welfare capitalism. Different forms of capitalism feature varying degrees of free markets, public ownership, obstacles to free competition, and state-sanctioned social poli ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Left-wing Politics
Left-wing politics describes the range of Ideology#Political ideologies, political ideologies that support and seek to achieve social equality and egalitarianism, often in opposition to social hierarchy either as a whole or of certain social hierarchies. Left-wing politics typically involve a concern for those in society whom its adherents perceive as disadvantaged relative to others as well as a belief that there are unjustified inequalities that need to be reduced or abolished, through radical means that change the nature of the society they are implemented in. According to emeritus professor of economics Barry Clark, supporters of left-wing politics "claim that human development flourishes when individuals engage in cooperative, mutually respectful relations that can thrive only when excessive differences in status, power, and wealth are eliminated." Within the left–right political spectrum, ''Left'' and ''right-wing politics, Right'' were coined during the French Revolu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University Of Halle
Martin Luther University Halle-Wittenberg (), also referred to as MLU, is a public research university in the cities of Halle and Wittenberg. It is the largest and oldest university in the German state of Saxony-Anhalt. MLU offers German and international (English) courses leading to academic degrees such as BA, BSc, MA, MSc, doctoral degrees, and habilitation. The university was created in 1817 through the merger of the University of Wittenberg (founded in 1502) and the University of Halle (founded in 1694). MLU is named after Protestant reformer Martin Luther, who was a professor in Wittenberg. Today, the university campus is located in Halle, while ''Leucorea Foundation'' in Wittenberg serves as MLU's convention centre. History University of Wittenberg (''Universität Wittenberg'') was founded in 1502 by Frederick the Wise, Elector of Saxony to propagate the principles of Renaissance humanism. The foundation of the university was heavily criticized, especially wh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University Of Leipzig
Leipzig University (), in Leipzig in Saxony, Germany, is one of the world's oldest universities and the second-oldest university (by consecutive years of existence) in Germany. The university was founded on 2 December 1409 by Frederick I, Elector of Saxony and his brother William II, Margrave of Meissen, and originally comprised the four scholastic faculties. Since its inception, the university has engaged in teaching and research for over 600 years without interruption. Famous alumni include Angela Merkel, Gottfried Wilhelm von Leibniz, Johann Wolfgang von Goethe, Leopold von Ranke, Friedrich Nietzsche, Robert Schumann, Richard Wagner, Tycho Brahe, Georgius Agricola. The university is associated with ten Nobel laureates, most recently with Svante Pääbo who won the Nobel Prize for Medicine in 2022. History Founding and development until 1900 The university was modelled on the University of Prague, from which the German-speaking faculty members withdrew to Leipzi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
German Progress Party
The German Progress Party (, DFP) was the first modern political party in Germany, founded by liberal members of the Prussian House of Representatives () in 1861 in opposition to Minister President Otto von Bismarck. History Upon the failed Revolutions of 1848, several deputies in the Landtag diet of Prussia maintained the idea of constitutionalism as it had been developed in the ''Vormärz'' era. In the 1850s, these Old Liberals gathered in a parliamentary group around Georg von Vincke, an originally conservative Prussian official and landowner (''Junker''). Vincke, former member of the Frankfurt Parliament, a polished orator and firebrand, had fallen out with Prime Minister Otto Theodor von Manteuffel over his reactionary policies and in 1852 even fought a duel with Bismarck after a heated verbal exchange in parliament (both men missed). When under the regency of William I of Prussia from 1858 the Prussian policies of the new era turned towards a more centrist stance, a l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Credit Union
A credit union is a member-owned nonprofit organization, nonprofit cooperative financial institution. They may offer financial services equivalent to those of commercial banks, such as share accounts (savings accounts), share draft accounts (checking account, cheque accounts), credit cards, Credit (finance), credit, share term certificates (Certificate of deposit, certificates of deposit), and online banking. Normally, only a member of a credit union may deposit account, deposit or loan, borrow money. In several African countries, credit unions are commonly referred to as ''SACCOs'' (''savings and credit co-operatives''). Worldwide, credit union systems vary significantly in their total assets and average institution asset size, ranging from volunteer operations with a handful of members to institutions with hundreds of thousands of members and assets worth billions of US dollars. In 2018, the number of members in credit unions worldwide was 375 million, with over 100 millio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
