Tag Archives: trickle down economics

Part 2 of 2: A Paradigm Shift

During the early 1900s participants of the Progressive movement were troubled by the plight of the urban poor. They worried that the ‘promise’ of the American system did not extend evenly (Rothman 1980) to all segments of society – it … Continue reading

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Part 2 of 2: What is truth?

In order to control society Plato recommended the use of the Noble Lie, so people under the state wouldn’t question their place in life. The Noble Lie was meant to benefit the community. The Noble Lie is a strong mechanism … Continue reading

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Part 2 of 2: The Rise of the New Anarchists

During the 188Os, when anarchists and socialists were particularly active in the old unions, the American labor movement was an inspiration to the workers of the world. Most of the leaders were Socialists. The trade unions were also radical. The … Continue reading

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On the Emperor’s New Clothes

The class orientation of past regimes was public and open. The monarchy, the church, and the nobility ran matters for their own interest. In the last half of the 19th century during the first era of globalization the new rich … Continue reading

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The Rationalization of Inequality

The Medieval church became the most dominant institution in western Europe. It was one of the largest landowners of the time and collected rents and many fees for offices and services. The church did not pay taxes. The top down … Continue reading

Posted in Global Economy, Objectivism Lost and an Era of Disillusionment, United States Economy | Tagged , , , , , , , , , , | 3 Comments