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Author: Charles G Wells Publisher: Page Publishing Inc ISBN: 1662465157 Category : Social Science Languages : en Pages : 114
Book Description
Charles Wells wrote this book to provide the reader, especially young people who were not yet born, insight into the deceptive tactics and political games used by White Southern politicians and business leaders to keep minority communities economically depressed. After the 1965 Civil Rights Voting Act was passed, Black civil rights activists and business leaders began a very aggressive campaign to improve conditions in minority communities. As the tactics being used by Black leaders around the country became more vocal and aggressive, President Nixon knew that White Southern politicians would resist any effort to provide economic aid to Black people and other minorities. Nixon's program that he called "Black Capitalism" was designed to provide tax breaks and incentives for rich White developers, not economic justice. These developers used these incentives and tax breaks to build upscale projects that the residents could not afford. Black leaders' complaints fell on deaf ears of the officials that Nixon put in charge of the programs, such as Commerce Secretary Stans who was against the program from the start. The Black Capitalism program was doomed to failure for two main reasons: It was underfunded from the very beginning. The Minority Enterprise Small Business Investment Corporation (MESBIC) phase of the program was rack with fraud and poor selection of candidates for the program. The MESBIC part of the program also failed because of several factors. The program was under capitalize, many minority businesses avoided the program and some White businesses set up phony minority forms to take advantage of the funding. They would set up a company and make a Black person CEO, and if things went bad, the Black person would be the one to go to jail. It is the opinion of this author that the program was designed to fail. Nixon knew how to fool Black leaders while keeping White Southern support. It is important to remember capitalism is not black or white. It's green.
Author: Charles G Wells Publisher: Page Publishing Inc ISBN: 1662465157 Category : Social Science Languages : en Pages : 114
Book Description
Charles Wells wrote this book to provide the reader, especially young people who were not yet born, insight into the deceptive tactics and political games used by White Southern politicians and business leaders to keep minority communities economically depressed. After the 1965 Civil Rights Voting Act was passed, Black civil rights activists and business leaders began a very aggressive campaign to improve conditions in minority communities. As the tactics being used by Black leaders around the country became more vocal and aggressive, President Nixon knew that White Southern politicians would resist any effort to provide economic aid to Black people and other minorities. Nixon's program that he called "Black Capitalism" was designed to provide tax breaks and incentives for rich White developers, not economic justice. These developers used these incentives and tax breaks to build upscale projects that the residents could not afford. Black leaders' complaints fell on deaf ears of the officials that Nixon put in charge of the programs, such as Commerce Secretary Stans who was against the program from the start. The Black Capitalism program was doomed to failure for two main reasons: It was underfunded from the very beginning. The Minority Enterprise Small Business Investment Corporation (MESBIC) phase of the program was rack with fraud and poor selection of candidates for the program. The MESBIC part of the program also failed because of several factors. The program was under capitalize, many minority businesses avoided the program and some White businesses set up phony minority forms to take advantage of the funding. They would set up a company and make a Black person CEO, and if things went bad, the Black person would be the one to go to jail. It is the opinion of this author that the program was designed to fail. Nixon knew how to fool Black leaders while keeping White Southern support. It is important to remember capitalism is not black or white. It's green.
Author: Steven Pearlstein Publisher: Macmillan + ORM ISBN: 1250185998 Category : Business & Economics Languages : en Pages : 197
Book Description
The Pulitzer Prize–winning economics journalist explains how America’s capitalist system is broken and how it can be repaired. With a new introduction by the author Thirty years ago, “greed is good” and “maximizing shareholder value” became the new mantras woven into the fabric of our economy, politics, and business culture. Free market capitalism has lifted more than a billion people from poverty around the world. But in the United States, most of its benefits have been captured by the richest ten percent, and it has provided justification for squeezing workers, cheating customers, avoiding taxes, and leaving communities in the lurch. As a result, Americans are losing faith in the free market—and the democratic institutions that support it. In Moral Capitalism, Pulitzer Prize–winning journalist Steven Pearlstein chronicles our descent and challenges the theories being taught in business schools and exercised in boardrooms nationwide. Missing from our current model are vital elements recognized long ago by Adam Smith and Charles Darwin—the mutual trust and cooperation necessary for capitalism to survive and thrive. Pearlstein shows how rising inequality of incomes and opportunity have eroded that social capital, and how restoring fairness need not come at the expense of economic growth. He concludes with bold steps to create a shared prosperity and revive our faith in American capitalism. Previously published as Can American Capitalism Survive? Praise for Moral Capitalism “If anyone can save capitalism from the capitalists, it’s Steven Pearlstein. This lucid, brilliant book refuses to abandon capitalism to those who believe morality and justice irrelevant to an economic system.” —Ezra Klein, founder and editor-at-large, Vox “This book delivers a trenchant critique of the ravages of inequality and a passionate cry for greater balance. [A] powerful, idealistic book.” —The Washington Post
Author: Thomas Sowell Publisher: Basic Books ISBN: 0465026303 Category : Business & Economics Languages : en Pages : 295
Book Description
Thomas Sowell “both surprises and overturns received wisdom” in this indispensable examination of widespread economic fallacies (The Economist) Economic Facts and Fallacies exposes some of the most popular fallacies about economic issues-and does so in a lively manner and without requiring any prior knowledge of economics by the reader. These include many beliefs widely disseminated in the media and by politicians, such as mistaken ideas about urban problems, income differences, male-female economic differences, as well as economics fallacies about academia, about race, and about Third World countries. One of the themes of Economic Facts and Fallacies is that fallacies are not simply crazy ideas but in fact have a certain plausibility that gives them their staying power-and makes careful examination of their flaws both necessary and important, as well as sometimes humorous. Written in the easy-to-follow style of the author's Basic Economics, this latest book is able to go into greater depth, with real world examples, on specific issues.
Author: George Gilder Publisher: Regnery Publishing ISBN: 1621570274 Category : Political Science Languages : en Pages : 370
Book Description
Ronald Reagan’s most-quoted living author—George Gilder—is back with an all-new paradigm-shifting theory of capitalism that will upturn conventional wisdom, just when our economy desperately needs a new direction. America’s struggling economy needs a better philosophy than the college student's lament: "I can't be out of money, I still have checks in my checkbook!" We’ve tried a government spending spree, and we’ve learned it doesn’t work. Now is the time to rededicate our country to the pursuit of free market capitalism, before we’re buried under a mound of debt and unfunded entitlements. But how do we navigate between government spending that's too big to sustain and financial institutions that are "too big to fail?" In Knowledge and Power, George Gilder proposes a bold new theory on how capitalism produces wealth and how our economy can regain its vitality and its growth. Gilder breaks away from the supply-side model of economics to present a new economic paradigm: the epic conflict between the knowledge of entrepreneurs on one side, and the blunt power of government on the other. The knowledge of entrepreneurs, and their freedom to share and use that knowledge, are the sparks that light up the economy and set its gears in motion. The power of government to regulate, stifle, manipulate, subsidize or suppress knowledge and ideas is the inertia that slows those gears down, or keeps them from turning at all. One of the twentieth century’s defining economic minds has returned with a new philosophy to carry us into the twenty-first. Knowledge and Power is a must-read for fiscal conservatives, business owners, CEOs, investors, and anyone interested in propelling America’s economy to future success.
Author: Johan Norberg Publisher: Cato Institute ISBN: 9781930865464 Category : Business & Economics Languages : en Pages : 348
Book Description
Marshalling facts and the latest research findings, the author systematically refutes the adversaries of globalization, markets, and progress. This book will change the debate on globalization in this country and make believers of skeptics.
Author: Paul H. Rubin Publisher: Bombardier Books ISBN: 1642931403 Category : Business & Economics Languages : en Pages : 172
Book Description
In spite of its numerous obvious failures, many presidential candidates and voters are in favor of a socialist system for the United States. Socialism is consistent with our primitive evolved preferences, but not with a modern complex economy. One reason for the desire for socialism is the misinterpretation of capitalism. The standard definition of free market capitalism is that it’s a system based on unbridled competition. But this oversimplification is incredibly misleading—capitalism exists because human beings have organically developed an elaborate system based on trust and collaboration that allows consumers, producers, distributors, financiers, and the rest of the players in the capitalist system to thrive. Paul Rubin, the world’s leading expert on cooperative capitalism, explains simply and powerfully how we should think about markets, economics, and business—making this book an indispensable tool for understanding and communicating the vast benefits the free market bestows upon societies and individuals.
Author: Thomas Piketty Publisher: Harvard University Press ISBN: 0674979850 Category : Business & Economics Languages : en Pages : 817
Book Description
What are the grand dynamics that drive the accumulation and distribution of capital? Questions about the long-term evolution of inequality, the concentration of wealth, and the prospects for economic growth lie at the heart of political economy. But satisfactory answers have been hard to find for lack of adequate data and clear guiding theories. In this work the author analyzes a unique collection of data from twenty countries, ranging as far back as the eighteenth century, to uncover key economic and social patterns. His findings transform debate and set the agenda for the next generation of thought about wealth and inequality. He shows that modern economic growth and the diffusion of knowledge have allowed us to avoid inequalities on the apocalyptic scale predicted by Karl Marx. But we have not modified the deep structures of capital and inequality as much as we thought in the optimistic decades following World War II. The main driver of inequality--the tendency of returns on capital to exceed the rate of economic growth--today threatens to generate extreme inequalities that stir discontent and undermine democratic values if political action is not taken. But economic trends are not acts of God. Political action has curbed dangerous inequalities in the past, the author says, and may do so again. This original work reorients our understanding of economic history and confronts us with sobering lessons for today.
Author: Daniel Bell Publisher: Basic Books ISBN: 9780465014996 Category : Social Science Languages : en Pages : 400
Book Description
With a new afterword by the author, this classic analysis of Western liberal capitalist society contends that capitalism—and the culture it creates—harbors the seeds of its own downfall by creating a need among successful people for personal gratification—a need that corrodes the work ethic that led to their success in the first place. With the end of the Cold War and the emergence of a new world order, this provocative manifesto is more relevant than ever.
Author: Ashley J. Bohrer Publisher: transcript Verlag ISBN: 3839441609 Category : Philosophy Languages : en Pages : 281
Book Description
What does the development of a truly robust contemporary theory of domination require? Ashley J. Bohrer argues that it is only by considering all of the dimensions of race, gender, sexuality, and class within the structures of capitalism and imperialism that we can understand power relations as we find them nowadays. Bohrer explains how many of the purported incompatibilities between Marxism and intersectionality arise more from miscommunication rather than a fundamental conceptual antagonism. As the first monograph entirely devoted to this issue, »Marxism and Intersectionality« serves as a tool to activists and academics working against multiple systems of domination, exploitation, and oppression.
Author: Mehrsa Baradaran Publisher: Harvard University Press ISBN: 0674982304 Category : Business & Economics Languages : en Pages : 382
Book Description
“Read this book. It explains so much about the moment...Beautiful, heartbreaking work.” —Ta-Nehisi Coates “A deep accounting of how America got to a point where a median white family has 13 times more wealth than the median black family.” —The Atlantic “Extraordinary...Baradaran focuses on a part of the American story that’s often ignored: the way African Americans were locked out of the financial engines that create wealth in America.” —Ezra Klein When the Emancipation Proclamation was signed in 1863, the black community owned less than 1 percent of the total wealth in America. More than 150 years later, that number has barely budged. The Color of Money seeks to explain the stubborn persistence of this racial wealth gap by focusing on the generators of wealth in the black community: black banks. With the civil rights movement in full swing, President Nixon promoted “black capitalism,” a plan to support black banks and minority-owned businesses. But the catch-22 of black banking is that the very institutions needed to help communities escape the deep poverty caused by discrimination and segregation inevitably became victims of that same poverty. In this timely and eye-opening account, Baradaran challenges the long-standing belief that black communities could ever really hope to accumulate wealth in a segregated economy. “Black capitalism has not improved the economic lives of black people, and Baradaran deftly explains the reasons why.” —Los Angeles Review of Books “A must read for anyone interested in closing America’s racial wealth gap.” —Black Perspectives
Author: Charles G Wells
Author: Charles G Wells
Author: Steven Pearlstein
Author: Thomas Sowell
Author: George Gilder
Author: Johan Norberg
Author: Paul H. Rubin
Author: Thomas Piketty
Author: Daniel Bell
Author: Ashley J. Bohrer
Author: Mehrsa Baradaran