The focus of classical value and price theory was to
free economies from economic rent, defined as unearned income simply resulting from privilege: absentee land rent, mineral and natural resource rent, monopoly rent, and financial interest.
This kind of classical free market viewed capitalism's historical role as being to
free the economy from the overhead of unproductive «usury» debt, along with the problem of absentee landownership and private ownership of monopolies — what Lenin called the economy's «commanding heights» in the form of basic infrastructure.
His argument was that to
free the economy from taxes, nations should avoid wars.
Not exact matches
NEW YORK, May 1 - The S&P 500 edged higher on Tuesday after comments
from a Trump administration official on trade with China and the Mexican
economy minister on the renegotiation of the North American
Free Trade Agreement provided cause for optimism.
Malaysia Airlines banned infants
from first class flights in 2011 and introduced kid -
free zones in
economy a few years later.
«The official Opposition will call on the ethics commissioner to investigate a possible conflict of interest... after a document released to the media indicated Air Canada's CEO and executive vice-president Duncan Dee apparently upgraded Raitt's flight
from economy to business class — almost a $ 550 value — for
free on Sept. 25....
While you could argue that Unosquare embodies criticisms about
free trade sucking jobs
from the U.S.
economy, Barrett says companies in the U.S. can't find enough software engineers to fill open positions.
That said, Iceland's remoteness, its fishing - and tourism - based
economy, and its independence
from the EU have spared the country
from immigration and globalization pressures and allowed the Pirate liberal agenda to stay liberal, largely
free from the nativist tones that are increasingly dominating protest movements in Europe and the U.S..
LaRocco is the author of «Opportunity Knocking» (Agate Publishing 2014), «Dynasties of the Sea: The Ships and Entrepreneurs Who Ushered in the Era of
Free Trade» (Marine Money 2012) and «Thriving in the New
Economy: Lessons
from Today's Top Business Minds» (Wiley 2010).
Trump's position on tariffs represented a drastic shift
from Republican orthodoxy that
free trade is best for the
economy and growth.
Michael Hudson: The missing item in today's economic reforms is what classical economics focused on,
from the French Physiocrats through Adam Smith, John Stuart Mill to Marx and his contemporaries:
freeing industrial
economies from the rentier carry - overs of European feudalism.
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The task of rhetoric is to divert attention
from the fact that the financial sector aims not to «
free» markets, but to place control in the hands of financial managers — whose logic is to subject
economies to austerity and even depression, sell off public land and enterprises, suffer emigration and reduce living standards in the face of a sharply increasing concentration of wealth at the top of the economic pyramid.
That idea was traumatized by Marxism pushing classical political
economy to its logical conclusion — to
free capitalism
from the carry - overs of the feudal epoch of landlordism, predatory finance and the monopolies that money - lenders obtained
from governments.
But clearing away the debt overhead
from the
economy's circulatory system
freed it to resume its...
Economies emerged
from World War II relatively
free of debt, but the 60 - year global run - up has run its course.
The deal marks a major milestone for Argentina and its new president, Mauricio Macri, restructuring the lion's share of the debt remaining
from the default and
freeing up the nation to tap international markets for much - needed financing as its commodities - rich
economy falters.
We begin with an analysis of the continuing bailout of insurance giant AIG and Monday's stock market selloff; price and debt deflation; the two sectors of the
economy; two definitions of «
free markets»; the classical economists; revolution
from the right and the former Soviet states; the threat of war; IMF / World Bank resurgence; the dollar versus the euro; analogies to Rome, neo-feudalism.
Hillary Clinton Agrees, N.Y. Times (Oct. 4, 2016), http://www.nytimes.com/2016/10/05/upshot/lib eral-economists-think-big-companies-are-too-powerful-hillary-clinton-agrees.html [http://perma.cc/WXA9-RX2J]; Hillary Clinton's Vision for an
Economy Where Our Businesses, Our Workers, and Our Consumers Grow and Prosper Together, Hillary Clinton, http://www.hillaryclinton.com/briefing/factsheets/2016/10/03/hillary-clintons - vision - for - an - economy - where - our - businesses - our - workers - and - our - consumers - grow - and - pros per - together [http://perma.cc/2EHG-PT9Z](«Promote Free and Fair Competition and Stopping Big Businesses from Hurting Small Businesses&r
Economy Where Our Businesses, Our Workers, and Our Consumers Grow and Prosper Together, Hillary Clinton, http://www.hillaryclinton.com/briefing/factsheets/2016/10/03/hillary-clintons - vision - for - an -
economy - where - our - businesses - our - workers - and - our - consumers - grow - and - pros per - together [http://perma.cc/2EHG-PT9Z](«Promote Free and Fair Competition and Stopping Big Businesses from Hurting Small Businesses&r
economy - where - our - businesses - our - workers - and - our - consumers - grow - and - pros per - together [http://perma.cc/2EHG-PT9Z](«Promote
Free and Fair Competition and Stopping Big Businesses
from Hurting Small Businesses»).
Bryan Riley, director of the
Free Trade Initiative at the National Taxpayers Union, said that an increase in the trade deficit
from the prior year «should not be viewed as a problem to be fixed, but as a predictable result of a growing
economy that enables people to afford more imports.»
This would make it a low - cost competitive
economy — as long as it taxes the
free lunch of the land's site - value rent that has been
freed from debt, as well as natural resource and monopoly rents as a basis for its post-Clean Slate fiscal policy.
This is not the view of real wealth and economic growth that 19th - century classical economists had in mind when they set out to reform the
economy by
freeing markets
from the claims of earned income and special interests.
Montreal, April 19, 2018 — The Supreme Court missed a historic opportunity to
free the Canadian
economy from its numerous trade barriers.
But making these short - term gains and ended up excluding wage workers
from the privatized
free - enterprise
economy she created.
Fidelity Sector ETFs Choose
from 11 commission -
free funds that target specific segments of the
economy and offer some of the industry's lowest expense ratios.1
Defending the
Free Market: The Moral Case for a
Free Economy by Robert A. Sirico Regnery, 256 pages, $ 27.95 The Catholic Church, at its best, has preserved a rare freedom
from political fashion.
«Finally, in
free - market
economies, destructuring is brought about by a strange law of journalism and the media that dictates that the only interesting things are those that depart
from the norm.»
In one sense the discovery of human individuality was necessary for the development of human rights, the economic individualism orientated to profit and
free market produced the modern
economy; the separation of human being
from nature coupled with the autonomy of the world of science helped the development of technology; and the autonomy of different areas of life like the arts and the government, each to follow purposes and laws inherent in it, did make for unfettered creativity in the various fields.
There are two principal types of socialism: «full socialism» in which the state owns all (or the vast majority) of business and industry and controls production and marketing decisions through central planning; and «partial socialism», in which the state owns major businesses deemed to be essential to the national good, and / or subsidizes certain industries to save them
from the impact of competition, and provides certain goods and services deemed to be essential at reduced or no cost, but still allows major sectors of the
economy to operate as
free enterprise capitalism.
The point is that, although very difficult, the transition
from a command
economy to a
free economy is essential.
This reluctance has been heightened by six other claims made in behalf of a global
economy free from the interference of nation states.
The present anti-people State with its policy of globalisation giving itself up to the profit - oriented market
economy and to the ideology of high - technology development under the auspices of the multinational corporations
from outside and inside which are
free to exploit nature and people, has to be fought.
1) Charities spend their income on necessities, such as food and utilities, which ever - so - slightly re-orients our
economy toward recession - resistant products, rather than luxuries 2) Charities spend their money quickly, but on independent schedules, making for a smoother stimulus effect on the
economy 3) Charities make purchases tax -
free, meaning that $ 1 spent by a charity generates a full $ 1 of private economic activity; furthermore, much of those tax revenues are recovered as income tax on the grocery stores, utility companies, etc. that might not have received that income otherwise 4) Charitable giving is by far the most democratic way to improve society;
from birth control to bombers, government assuredly spends money on something you don't like, and charitable giving restores your say - so 5) Charitable donations are tax deductible, meaning you keep those tax dollars in your local community 6) Charitable donations provide the funds necessary for volunteers to serve the needy, thus giving «the average citizen» a chance to meet and interact with the needy, breaking down stereotypes
Economic libertarians (read Republicans) gain power when government becomes too burdensome; egalitarians (read Democrats) ascend when the
free play of the market
economy begins to exclude too many
from the fundamental goods of American life.
This is much to be regretted, not for any reasons of personal ambition, which I abjure completely, but because in the cause of postpartisanship (if not postmodernism) I believe a participant
from the Culture 11 group (may it rest in peace) would add immeasurably to the depth of the dialogue going on within the administration, mixing it up with the likes of Susan Rice and Samantha Power (reminding them there was a
free election in Iraq on Saturday), or with Lawrence Summers (recalling to him, since he failed so conspicuously in stimulating the women at Harvard, how one might do better with the
economy).
The present rules were developed as compromises between the advocates of complete «
free trade,» the ideal that follows
from dominant economic theory, and those who felt that nations should have some control over their own
economies.
Covering subject's ranging
from healthcare («I shudder to think where we'd be without the wide variety of prescription drugs to treat our maladies, such as think - shuddering») to the
economy («Life is giving us lemons, and we're shipping them to the Chinese to make our lemon - flavored leadonade») to food («Feel
free to deep fry this book - it's a rich source of fiber»), Stephen gives America the dose of truth it needs to get back on track.
Free shifts the
economy from a focus on only that which can be quantified in dollars and cents to a more realistic accounting of all the things we truly value today.»
«The
economy will benefit
from a
free and open market,» said Javier Velez, chief financial officer of Grupo Maseca, Mexico's largest manufacturer of tortilla flour.
Trade Minister Steven Ciobo said Australia Week in China «will explore opportunities arising
from China's transition to a consumer - driven
economy, building on the platform provided by the China - Australia
free trade agreement».
For many schools, the problem of unpaid school meal charges stems more
from students who are not eligible for
free or reduced price meals, but consistently fail to bring their lunch money (sometimes parents forget to pay, and sometimes — particularly in this
economy — they struggle to pay).
They want to be able to choose people — perhaps on a «points - based system» — who will most benefit the
economy: superstars of the future — unhindered by «backwards» cultural tradition and able to innovate and drive forward a new
economy; cheap labour which —
free from EU regulations — can be brought into work hard on construction projects and then sent packing afterwards.
It is one where we aim to be masters of our own destiny, where we mobilise our own resources for the future, breaking the shackles of the «Guggisberg» colonial
economy and
freeing ourselves
from a mind - set of aid, dependence, charity and handouts.
«By ensuring regulation becomes a last resort, we will create an environment that
frees business
from the burden of red tape, helping to create the right conditions for recovery and growth in the UK
economy.»
But crucially we're also behind the supposedly schlerotic European
economies Brexiters demanded we
free ourselves
from.
«The reality is that migrants
from other EU countries are very beneficial to the UK's
economy, notably because they help to address skills shortages and pay more tax and social security contributions per head, and get fewer benefits, than UK workers; that
free movement of workers is a key part of the EU's single market; that hundreds of thousands of UK nationals work in other EU countries.»
Someone benefits
from perpetuating the pretense of a
free market
economy in the U.S..
A British
economy freed from its debts; growing strongly; spreading prosperity to all our people;
However, in a slightly ominous sign for the prime minister, Fox said he would rather be
free to speak up
from the backbench on the issues of the
economy, immigration and Europe as these are what matter most to him and his constituents.
Dr. Bawumia said the government again introduced the
free senior high school education and again have grown the
economy to 7.9 per cent
from the 3.6 per cent.