Edwin J. Perkins, a leading figure in American economic history and one of the main three authors that depict the economic situations of the colonial era, is an emeritus professor at the University of Southern California. He currently resides in Laguana Woods in California, where he pursues his own research despite being “retired”, and spends
Student loans are becoming a major issue for the economy, and Donald Trump has inherited a country with an expansive and rapidly expanding student loan problem. In a capitalistic society, debt becomes a mountain of monetary problems. The public sector has fallen into an abysmal state – one that has been forced into chains by private
What is freedom? The freedom to do what, exactly? As we discussed in past posts, America was in the middle of this smoke cloud at the time. There was this absence of restraint in North America, as nobody in Europe at the time cared enough or was close enough to want to watch the citizens and make sure they stay in their place. Three kinds of people moved to America…
This article was written by Blog Liberally. You should follow him on Twitter @BlogLiberally. First let me be upfront, a lot of folks call me a “liberal”, and you know what? I’m cool with that. Because to me being a liberal means rooting for People over Corporations. And that I do, EVERY TIME! ALL! THE! TIME! And in that subset of people I root for reside the poor, the working poor and the middle class. I root for those guys over those in that rarefied air the one-per-centers breath and even the ten-per-centers sit comfortably in. So yea, I’m what most would define as a Liberal, I accept it, proudly.
We are due for another recession. We really are. Based on the statistics on American depressions and recessions since the end of World War II, it’s more likely than ever that we’re staring down at the face of economic collapse. With big bank bailouts and a progressive movement sweeping over the economic realization of millennials, our policies are going to witness severe change and difference than what it’s been used to for several decades.
We live in a rather destruction period of humanity. We are currently witnessing massive changes in global and regional climate patterns, and we’ve been ignoring it since the mid-20th century despite accumulating amounts of evidence and statistics that should severely shock us. We have holes ripping into the O-Zone layer, which protects us from harmful UV sun rays, right above our Arctic and Antarctic regions – causing meltdowns which lead to higher water levels and crises revolving around entire animal groups. Yet we still have climate change deniers.
In our current society, it is incredibly easy to get a divorce. Billboards advertise low rates for lawyers, marriage counseling is oftentimes overlooked and replaced with simply signing documents. Therefore, the pillar of society that the New Right holds near and dear to their sociological perspective is dying off.
While I don’t believe traditional retail is dying, I do believe it’s transforming. The buy-and-sell process is still very well seen even with big online dealers such as Amazon. Instant access is huge for customers. Accessability is huge. Why would anyone want to get in their car and drive somewhere when they can lounge around in their underwear and purchase the next Fifty Shades of Grey or whatever the general population has decided is “good fiction” from the luxury of their own home? Traditional retail is attempting to step into a world of convenience. The conventional store front is evolving into an online webpage.
The American obsession with money has been present throughout our history. The media — whether it be news networks like CNN or entertainment channels like MTV — teach our society that greed is good. We’re force-fed wealthy propaganda, seeing stories and advertisements for the “best cars”, “most expensive colognes and perfumes”, “great shoes”. People proudly show off their wealth on television, a nonstop wave of new-age Hollywood movies glorify the lifestyles of the elite men and women of America, and American politics have proven time and time again that money is behind anything. Then we have the dreaded Powerball lottery.
Puerto Rico, one of the most prominent United States territories, has been suffering through a deepening debt crisis. This dispute over the territory’s finances masks a struggle that has been lingering in American politics for years — for wealth and power. This economic battleground will attempt the balance the peculiarities of Puerto Rico’s official political status and Wall Street corporate greed.