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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.
The History of the United States: A Captivating Guide to American History, Including Events Such as the American Revolution, French and Indian War, Boston Tea Party, Pearl Harbor, and the Gulf War
Captivating History - 2019
Free History BONUS Inside! When the first settlers reached the United States of America and started to chip out a living in the wilderness that seemed so fierce and unfamiliar to their European eyes, they could never have dreamed that someday the land upon which they stood would become one of the most powerful countries in the entire world. When Native Americans first witnessed those white sails bringing ships with white sailors into their world for the first time, they could never have dreamed that within a few centuries their population would be all but destroyed, that they would have to endure massacre after massacre, be stripped of their freedom and confined to comparatively tiny reservations, and walk the Trail of Tears within the next few hundred years. When the preachers of the Great Awakening stood on the backs of wagons or bits of old tree stumps and told the American people a new story of individual freedom and the power of ordinary people, they could never have dreamed that their preaching would trigger a landslide of abolitionism that would end in a civil war that almost tore the entire country apart. When the Civil War was finally won by the Union, and all African Americans' chains were broken at last, the military leaders could never have dreamed that within the next half century, the United States would emerge as one of the world's greatest military powers during the Spanish-American War. And when those soldiers won the struggle against Spain in Cuba, they could never have dreamed that later in the century, Cuba itself would turn against them and become the single greatest threat of nuclear annihilation during the Cold War. When the Wright Brothers first took to the air and Thomas Edison made the lightbulb, they could never have dreamed that American innovation would produce not only the Ford car, basketball, the telephone, and Facebook, but it would also be instrumental in creating the atomic bombs that killed hundreds of thousands of people and finally brought an end to the Second World War. As for Martin Luther King, Jr., he did dream. He had a dream of equality and brotherhood, and his dream at least partially came true in 2008 when America saw the inauguration of its first black president. Never could the slaves of the great plantations of the South have dreamed that that day would ever come, but it did. Nobody could have dreamed it, but it all came to pass, and it became the history of the United States of America. And this is how it all happened... In The History of the United States: A Captivating Guide to American History, Including Events Such as the American Revolution, French and Indian War, Boston Tea Party, Pearl Harbor, and the Gulf War, you will discover topics such as
The People Who Were There First
A Time of Exploration
Colonizing America
The French and Indian War
The Boston Tea Party
The American Revolution
The First President
Restless Times
Horrors for the Natives
Awakening
Civil War
Seeking for Peace
A Rising Power
Progress
Disaster Strikes
The Biggest Bomb in the World
Icy Tension
Freedom on the Home Front
Terror and Its War
And much, much more!
So if you want to learn more about the history of the United States, then sc
The Hunter, The Hammer, and Heaven: Journeys to Three Worlds Gone Mad
Robert Young Pelton - 2002
A firsthand exploration of war and the people who survive it in three of the most war-ravaged countries on earth: Sierra Leone, Chechnya, and Bougainville.
The Malay Dilemma
Mahathir Mohamad - 2012
First published in 1970, the book seeks to explain the causes for the 13 May 1969 riots in Kuala Lumpur.Dr Mahathir sets out his view as to why the Malays are economically backward and why they feel they must insist upon immigrants becoming real Malaysians speaking in due course nothing but Malay, as do immigrants to America or Australia speak nothing but the language of what the author calls “the definitive people”. He argues that the Malays are the rightful owners of Malaya. He also argues that immigrants are guests until properly absorbed, and that they are not properly absorbed until they have abandoned the language and culture of their past.
The Cambridge Medieval History, Vols 1-5
John Bagnell Bury - 1957
Planned by one of the most renowned Byzantinists and Medievalists of the day, John B. Bury, it became the de facto standard by which all comprehensive period histories would be measured. Its impact on the field of medieval scholarship is every bit as great as Gibbon’s “Decline and Fall of the Roman Empire”.Volume One – The Christian Roman Empire and the Foundation of the Teutonic Kingdoms begins with the accession of Constantine to the Imperium and ends roughly with reign of Justinian in the East. It covers the migration of Germanic tribes into Roman territories. Significant attention is given the ecumenical church councils of the 4th Century, with particular emphasis on the Arian controversies.Volume Two – The Rise of the Saracens and the Foundation of the Western Empire covers the time period from roughly 500 CE to 814 CE. Beginning with Justinian, it also looks at the Frankish Merovingian dynasty, the Lombard Kingdom in Italy, the Restoration of the Imperium in Italy, and ends with the transition of power from the Merovingians to the Carolingians through Charlemagne’s reign. Chapters covering England and English institution and the conversion of the Celts. Finally, attention is given to the birth and spread of Islam and the growth of the Islamic Caliphate.Volume Three – Germany and the Western Empire covers the period from roughly 814 CE through the end of the first millennium. Beginning with the reign of Louis the Pious, it traces the decline of the Carolingian Empire and the foundation of the Capetian Dynasty. Attention is paid to the Holy Roman Empire in Germany through Henry III. The impact of the Norse Vikings on the political landscape is examined as is the development of the Anglo-Saxon kingdom of England through the death of Edward the Confessor. Throughout the volume development of feudalism as a primary labor, land-owning, and social way of life is highlighted. Finally, the continued growth of the Western Caliphate is looked at.Volume Four – The Eastern Roman Empire focuses primarily on the Byzantine East from roughly 700 CE through the end of the Empire in 1483. The different dynasties (Isaurian, Phrygian, and Macedonian) receive their own chapters, and in-depth attention is paid to the struggle with the emerging Islamic Caliphate. The religious and political relationship with the West is considered and significant attention is paid to the Comneni and Fourth Crusade.Volume Five – The Contest of Empire and Papacy is concerned primarily with the century and a half from 1050 CE to 1200 CE. It looks at the surging political power of the Church and the corresponding growth of nations of Western Europe. The Holy Roman Empire and the Norman Invasion of England, the establishment of the Plantagenet Dynasty in Norman Britain, and the emergence of Monasticism and Scholasticism in the period receive attention.Volumes 6-8 were published after 1923 and are therefore not in the public domain. Plantagenet Publishing will not be able to make them available in this format.
Master Builders of the Middle Ages
David Jacobs - 1969
It is difficult for us now, even with all our engineering and architectural skills, to imagine the extraordinary ways these medieval houses of worship were constructed. Midway through the twelfth century, the building of cathedrals became a crusade to erect awe-inspiring churches across Europe. In their zeal, bishops, monks, masons, and workmen created the architectural style known as Gothic, arguably Christianity’s greatest contribution to the world’s art and architecture. The style evolved slowly and almost accidentally as medieval artisans combined ingenuity, inspiration, and brute strength to create a fitting monument to their God. Here are the dramatic stories of the building of Saint-Denis, Notre Dame, Chartres, Reims, and other Gothic cathedrals.
Emily Gets Her Gun: …But Obama Wants to Take Yours
Emily J. Miller - 2013
The narrative—sometimes shocking, other times hilarious in its absurdity—gives the listener a real-life understanding of how gun-control laws only make it more difficult for honest, law-abiding people to get guns, while violent crime continues to rise. Using facts and newly uncovered research, Miller exposes the schemes politicians on Capitol Hill, in the White House, and around the country are using to deny people their Second Amendment rights. She exposes the myths that gun grabbers and liberal media use to get new laws passed that infringe on our right to keep and bear arms.
Dominion: How the Christian Revolution Remade the World
Tom Holland - 2019
How astonishing it was, then, that people should have come to believe that one particular victim of crucifixion-an obscure provincial by the name of Jesus-was to be worshipped as a god. Dominion explores the implications of this shocking conviction as they have reverberated throughout history. Today, the West remains utterly saturated by Christian assumptions. As Tom Holland demonstrates, our morals and ethics are not universal but are instead the fruits of a very distinctive civilization. Concepts such as secularism, liberalism, science, and homosexuality are deeply rooted in a Christian seedbed. From Babylon to the Beatles, Saint Michael to #MeToo, Dominion tells the story of how Christianity transformed the modern world.
The ASEAN Miracle: A Catalyst for Peace
Kishore Mahbubani - 2017
Why?In an era of growing cultural pessimism, many thoughtful individuals believe that different civilisations – especially Islam and the West – cannot live together in peace. The ten countries of ASEAN provide a thriving counter-example of civilizational co-existence. Here 625m people live together in peace. This miracle was delivered by ASEAN.In an era of growing economic pessimism, where many young people believe that their lives will get worse in coming decades, Southeast Asia bubbles with optimism. In an era where many thinkers predict rising geopolitical competition and tension, ASEAN regularly brings together all the world’s great powers.Stories of peace are told less frequently than stories of conflict and war. ASEAN’s imperfections make better headlines than its achievements. But in the hands of thinker and writer Kishore Mahbubani, the good news story is also a provocation and a challenge to the rest of the world."This excellent book explains, in clear and simple terms, how and why ASEAN has become one of the most successful regional organizations in the world."George Yeo"A powerful and passionate account of how, against all odds, ASEAN transformed the region and why Asia and the world need it even more today."Amitav Acharya“Kishore and I have written that the world is coming together in a Fusion of Civilisations. This book documents beautifully how ASEAN has achieved this fusion. The ASEAN story is hugely instructive and this book tells it very well.”Larry SummersKishore Mahbubani is Dean of the Lee Kuan Yew School of Public Policy, National University of Singapore, and author of The New Asian Hemisphere: The Irresistible Shift of Global Power to the East. Jeffery Sng is a writer and former diplomat based in Bangkok, co-author of A History of the Thai-Chinese.
Great Political Wit: Laughing (Almost) All the Way to the White House
Bob Dole - 1998
In this delightful collection, the longtime United States senator shares his favorite anecdotes, witticisms, and reminiscences. From the campaign trail to the Oval Office, from smoke-filled rooms to the chambers of the Capitol, Bob Dole surveys a century of political wit. There are bon mots from Calvin Coolidge, Winston Churchill, Harry Truman, John F. Kennedy, and a host of other political figures. Bob Dole introduces each section with mirthful moments from his own experience, displaying the gift for wry humor that has made him a favorite guest on late-night talk shows.A jovial--and completely bipartisan--compendium, Great Political Wit is a connoisseur's selection of political repartee at its best.
The Necessity of Atheism
David Marshall Brooks - 1933
And all religious beliefs are "crutches" hindering the free locomotive efforts of an advancing humanity. There are no problems related to human progress and happiness in this age which any theology can solve, and which the teachings of freethought cannot do better and without the aid of encumbrances.
Don't Eat the Puffin: Tales From a Travel Writer's Life
Jules Brown - 2018
Get paid to travel and write about it.Only no one told Jules that it would mean eating oily seabirds, repeatedly falling off a husky sled, getting stranded on a Mediterranean island, and crash-landing in Iran.The exotic destinations come thick and fast – Hong Kong, Hawaii, Huddersfield – as Jules navigates what it means to be a travel writer in a world with endless surprises up its sleeve.Add in a cast of larger-than-life characters – Elvis, Captain Cook, his own travel-mad Dad – and an eye for the ridiculous, and this journey with Jules is one you won’t want to miss.
Through Five Administrations: Inside the White House
William H. Crook - 1909
Crook's memoir brings an astonishing array of personal details of life in the executive mansion. His sensitive observations of Lincoln are especially moving.A well-known figure in Washington, Crook knew every president from Lincoln until Crook's death in 1915. He was a keen observer and his stories will entertain and sometimes surprise you.
Flying Against the Arrow: An Intellectual in Ceausescu's Romania
Horia-Roman Patapievici - 1995
The book vividly portrays the difficulties encountered by a young intellectual trying to shape himself under the oppressive Ceausescu regime and provides a stark depiction of a man's intellectual suffocation under hard-line socialist rule. The book's overall significance is therefore far more wideranging than just Romania or the 1980s.