HOW THE 1 PERCENT PROVIDES THE STANDARD OF LIVING OF THE 99 PERCENT


George Reisman - 2015
    As they see matters, wealth in the form of means of production and wealth in the form of consumers’ goods are essentially indistinguishable. For all practical purposes, they have no awareness of the existence of capital and of its importance. Thus, capitalists are generally depicted as fat men, whose girth allegedly signifies an excessive consumption of food and of wealth in general, while their alleged victims, the wage earners, are typically depicted as substantially underweight, allegedly signifying their inability to consume, thanks to the allegedly starvation wages paid by the capitalists.The truth is that in a capitalist economic system, the wealth of the capitalists is not only overwhelmingly in the form of means of production, such as factory buildings, machinery, farms, mines, stores, warehouses, and means of transportation and communication, but all of this wealth is employed in producing for the market, where its benefit is made available to everyone in the economic system who is able to afford to buy its products.Consider. Whoever can afford to buy an automobile benefits from the existence of the automobile factory and its equipment where that car was made. He also benefits from the existence of all the other automobile factories, whose existence and competition served to reduce the price he had to pay for his automobile. He benefits from the existence of the steel mill that provided the steel for his car, and from the iron mine that provided the iron ore needed for the production of that steel, and, of course, from the existence of all the other steel mills and iron mines whose existence and competition served to hold down the prices of the steel and iron ore that contributed to the production of his car.And, thanks to the great magnitude of wealth employed as capital, the demand for labor, of which capital is the foundation, is great enough and thus wages are high enough that virtually everyone is able to afford to a substantial degree most of the products of the economic system. For the capital of the capitalists is the foundation both of the supply of products that everyone buys and of the demand for the labor that all wage earners sell. More capital—a greater amount of wealth in the possession of the capitalists—means a both a larger and better supply of products for wage earners to buy and a greater demand for the labor that wage earners sell. Everyone, wage earners and capitalists alike, benefits from the wealth of the capitalists, because, as I say, that wealth is the foundation of the supply of the products that everyone buys and of the demand for the labor that all wage earners sell. More capital in the hands of the capitalists always means a more abundant, better quality of goods and services offered for sale and a larger demand for labor. The further effect is lower prices and higher wages, and thus a higher standard of living for wage earners.Furthermore, the combination of the profit motive and competition operates continually to improve the products offered in the market and the efficiency with which they are produced, thus steadily further improving the standard of living of everyone.In the alleged conflict between the so-called 99 percent and the so-called 1 percent, the program of the 99 percent is to seize as far as possible the wealth of the 1 percent and consume it. To the extent that it is enacted, the effect of this program can only be to impoverish everyone, and the 99 percent to a far greater extent than the 1 percent. To the extent that the 1 percent loses its mansions, luxury cars, and champagne and caviar, 99 times as many people lose their houses, run-of-the mill cars, and steak and hamburger.

Abraham Lincoln: Lessons in Spiritual Leadership


Elton Trueblood - 2012
    But in this classic work, Christian philosopher and statesman Elton Trueblood reveals how Lincoln's leadership skills flowed directly from his religious convictions—which explains how the president was able to combine what few leaders can hold together: moral resoluteness with a shrewd ability to compromise; confidence in his cause while refusing to succumb to the traps of self-righteousness or triumphalism; and a commitment to victory while never losing sight of his responsibility for—or the humanity of—his enemy. These rich meditations offer deep wisdom and insight on one of the most effective leaders of all time.

Ripcord: Screaming Eagles Under Siege, Vietnam 1970


Keith William Nolan - 2000
    By July, the activities of the artillery and infantry of Ripcord had caught the attention of the NVA (North Vietnamese Army) and a long and deadly siege ensued. Ripcord was the Screaming Eagles’ last chance to do significant damage to the NVA in the A Shau Valley before the division was withdrawn from Vietnam and returned to the United States. At Ripcord, the enemy counterattacked with ferocity, using mortar and antiaircraft fire to inflict heavy causalities on the units operating there. The battle lasted four and a half months and exemplified the ultimate frustration of the Vietnam War: the inability of the American military to bring to bear its enormous resources to win on the battlefield. In the end, the 101st evacuated Ripcord, leaving the NVA in control of the battlefield. Contrary to the mantra “We won every battle but lost the war,” the United States was defeated at Ripcord. Now, at last, the full story of this terrible battle can be told.

Gore Vidal: History of The National Security State


Paul Jay - 2014
    In 'Gore Vidal: History of the National Security State' & 'Vidal on America', TRNN Senior Editor Paul Jay and the acclaimed essayist, screenwriter and novelist Gore Vidal discuss the historical events that led to the establishment of the massive military-industrial-security complex and the political culture that gave us the “Imperial Presidency.”

The Senator: My Ten Years with Ted Kennedy


Richard E. Burke - 1992
    Kennedy of Massachusetts. Through ability, hard work, and dedication, Burke rose in the next four years to become one of the Senator's closest staff members. In 1977 he was made Kennedy's personal assistant; after his appointment in 1978 as administrative assistant - the youngest in the Senate - he came to know Edward M. Kennedy perhaps more intimately than anyone outside the closed circle of the Senator's family. He was often the last to see the Senator at night and the first to see him in the morning. This book is the account of what Richard Burke witnessed and experienced during his decade at the Senator's right hand. It is neither a full biography nor an examination of Kennedy's long career in government. Rather, it is the history of a young man who shared the Senator's professional and personal lives during a time marked by exhilarating public achievements and tragic secret misconduct. His story is not only the chronicle of a shattered idol, but of Richard Burke's own fall from grace, and eventual recovery. Burke does not shrink from confronting his own faults, and he agrees with the Senator: It is time for him to confront his.

The Making of Milwaukee


John Gurda - 1999
    It's true that Milwaukee's German accent was unmistakable in the 1880s; it was the Beer Capital of the World; and it's the home of the steam shovels that dug the Panama Canal the engines that powered the New York City subway system, and the motorcycles that made Harley-Davidson an American legend.But the stereotypes don't begin to convey the richness of Milwaukee's past. They don't describe the five citizens killed by the state militia as they marched for the eight-hour day. The Jewish community leader who wrote The Settlement Cookbook. The Italian priest who led the local crusade for civil rights in the 1960s. The railroad promoter who bribed an entire state legislature. The Socialists who made Milwaukee the best-governed big city in America. Allis-Chalmers and Pabst Blue Ribbon. Summerfest and Irish Fest. Golda Meir. Carl Sandburg. Robin Yount.The Making of Milwaukee tells all those stories and a great many more. Well-written, superbly organized, and lavishly illustrated, it is sure to be the standard reference for many years to come.

When the Moon Has No More Silver (Jamestown Sky Series)


Connie Lapallo - 2011
    

FDR: The First Hundred Days


Anthony J. Badger - 1998
    The renowned historian Anthony J. Badger cuts through decades of politicized history to provide a succinct, balanced, and timely reminder that Roosevelt's accomplishment was above all else an exercise in exceptional political craftsmanship. Declaring that Americans had "nothing to fear but fear itself," Roosevelt entered the White House in 1933 confronting 25 percent unemployment, bank closings, and a nationwide crisis in confidence.From March 9 to June 16, FDR sent Congress a record number of bills, all of which passed easily. From legalizing the sale of beer to providing mortgage relief to millions of Americans, Roosevelt launched the New Deal that conservatives have been working to roll back ever since. Badger emphasizes Roosevelt's political gifts even as the president and his brain trust of advisers, guided by principles, largely felt their way toward solutions to the nation's manifold problems. Reintroducing the contingency that marked those fateful days, Badger humanizes Roosevelt and suggests a far more useful yardstick for future presidents: the politics of the possible under the guidance of principle.

A Country Such as This


James Webb - 1983
    Written by bestselling novelist James Webb, it has been hailed as a major work of our time and a stunning commentary of political and social life in America over nearly three decades. From the wars in Korea and Vietnam to antiwar protests in Washington and POW camps in Hanoi, from young love and parenthood to divorce and reconciliation, Webb's eye for detail, provocative insights, and subtle revelations have earned him the highest literary accolades. His convincing characters and gripping scenes fully engage the reader as the three Naval Academy graduates reevaluate their lives, their country, and the cost of success.

Let It Burn


Michael Boyette - 1989
    Two assaults have already failed. After a morning-long battle involving machine guns, explosives, and tear gas, the radicals remain defiant. In a command post across the street from the boarded-up row house that serves as the militants' headquarters, the beleaguered police commissioner weighs his options and decides on a new plan. He will bomb the house.Let It Burn is the true-life story of the confrontation between the Philadelphia Police Department and the MOVE organization—a group that rejected modern technology and fought for what it called "natural law." The police commissioner's decision to drop an "explosive device" onto the house's roof—and then to let the resulting fire burn while adults and children remained in the house—was the final tragic chapter in a decades-long series of clashes that had already left one policeman dead and others injured, dozens of MOVE members behind bars, and their original compound razed to the ground.By the time the fire burned itself out, eleven MOVE members, many of them women and small children, would be dead. Sixty-one houses in the neighborhood would be destroyed.There would be a city inquiry, numerous civil suits, and two grand-jury inquests following the confrontation. Michael Boyette served on one of the grand juries, where he had a front-row seat as the key players and witnesses—including Mayor Wilson Goode and future Pennsylvania Governor Ed Rendell—recounted their roles in the tragedy. After the grand jury concluded its investigation, he and coauthor Randi Boyette conducted additional independent research—including exclusive interviews with police who had been on the scene and with MOVE members—to create this moment-by-moment account of the confrontation and the events leading up to it.

Six Armies in Tennessee: The Chickamauga and Chattanooga Campaigns


Steven E. Woodworth - 1998
    The Federal success along the river opened the way for advances into central and eastern Tennessee, which culminated in the bloody battle of Chickamauga and then a struggle for Chattanooga. Chickamauga is usually counted as a Confederate victory, albeit a costly one. That battle—indeed the entire campaign—is marked by muddle and blunders occasionally relieved by strokes of brilliant generalship and high courage. The campaign ended significant Confederate presence in Tennessee and left the Union poised to advance upon Atlanta and the Confederacy on the brink of defeat in the western theater.Purchase the audio edition.

Princess Alice: The Life and Times of Alice Roosevelt Longworth


Carol Felsenthal - 1988
    Here is both the delightful and the dark sides of her life.

Hell to Pay: The Unfolding Story of Hillary Rodham


Barbara Olson - 1999
    In Accomplice , Olson separates fact from fiction and shows us Hilllary's often disturbing complicity in her husband's affairs.

The Reynolds Pamphlet


Alexander Hamilton - 1797
    V. and VI. of The History of the United States for the Year 1796, in which the Charge of Speculation against Alexander Hamilton, late Secretary of the Treasury, is fully refuted. Written by himself. Philadelphia: Printed for John Fenno, by John Bioren, 1797.ABOUT THE AUTHOR:Alexander Hamilton was a Founding Father, soldier, economist, political philosopher, one of America's first constitutional lawyers and the first United States Secretary of the Treasury. He has been described as one who "more than any other designed the Government of the United States": As Secretary of the Treasury, Hamilton was the primary author of the economic policies of the George Washington Administration, especially the funding of the state debts by the Federal government, the establishment of a national bank, a system of tariffs, and friendly trade relations with Britain. He became the leader of the Federalist Party, created largely in support of his views, and was opposed by the Democratic-Republican Party, led by Thomas Jefferson and James Madison.

Judge Dredd: America


John Wagner - 2015
    But how do the citizens really feel about a system where they are powerless? America Jara and Bennett Beeny grow up as best friends, living a fairly trouble-free life in a dangerous city… bar the odd encounter with a Judge. Time draws them apart, and when they are brought back together, Beeny is a successful singer and America has become involved with a terrorist organisation – with the Judges in its sights! Written by John Wagner (A History of Violence) with art by Colin MacNeil (Judge Dredd: The Chief Judge’s Man) this dark and complex tale is a true 2000 AD classic!