The response from the Obama administration to the 2008 financial crisis used indirect government intervention to prevent market forces from putting the large banks and financial titans out of business. The government decided to bail out the hegemons of the financial world, such as Wall Street and big banks, choosing to retain the status quo.Continue reading “The Power of Financial Institution During The 2008 Recession”
Author Archives: mkmumtaz24
Climate Change, can America stop it?
Initially President Bush didn’t want to sign any binding agreement climate agreement, “For the economically conservative President Bush, a carbon tax was both undesirable and politically untenable” said Joshua Howe. The president was under pressure from both the US senate which unanimously voted not to sign any such agreement without the guarantees from other developingContinue reading “Climate Change, can America stop it?”
Freedom and Empire
The ideology of capitalism so closely followed by the US fosters a culture of mass consumption and production. As the Cold War came to an end with the collapse of the Soviet Union in 1992, the US was positioned as the sole global superpower. However, as a result of the Cold War, the US developedContinue reading “Freedom and Empire”
The Political Realignment Of The Western States
The sagebrush rebellion was a populist protest against public lands reform supported by western citizens, the natural resource industries, and local and state governments in the West (Turner). The people who took part in the rebellion were ranchers, miners and state officials who believed that the federal government was overreaching its authority by passing lawsContinue reading “The Political Realignment Of The Western States”
Falwell and the rise of the Christian Right
Falwel was born in the impoverished south, raised primarily by a pious mother. He was always a member of the Baptist church, in his hometown of Lynchburg, Virginia there were 50 churches after the economic revival of the area as a result of military spending. He joined St. Thomas Baptist Church and starting by visitingContinue reading “Falwell and the rise of the Christian Right”
How the recycling of the working class led to poverty
The economic strain experienced by Americans as a result of the collapsing steel industry, created the situation needed for the recycling of the American working class. Several mills were mothballed, Leading to layoffs for large quantities of workers. In some areas such as Pittsburgh the unemployment levels reached 17.1 percent in the area and 10.8Continue reading “How the recycling of the working class led to poverty”
Hardhats and Doves: Political Realignment
Nixon would create a divide between the working class and the new college educated white collar class. The working class were the blue-collar laborers and workers who worked in jobs such as construction. These “hardhats” as they were known would gain the name during the hardhat riots of 1970 when construction workers clashed with antiwarContinue reading “Hardhats and Doves: Political Realignment”
Class Divisions: Then and Now
Looking at the soldiers who fought the Vietnam war we see a pattern of class division in the American military. We can see this by examining the demographics of the average soldier in Vietnam. The war was fought by the new generation of baby boomers who were just ending their teenage years, as a resultContinue reading “Class Divisions: Then and Now”
Prejudice and Segregation: Differences in Northern and Southern states
The most significant civil rights protest of the 1960s occurred in New City against the Board of Education’s refusal to make a plan for comprehensive de-segregation of schools. Protests like these were held in northern cities as many of the same problems, such as segregation, job exclusion, police brutality, and criminalization, existed in Northern citiesContinue reading “Prejudice and Segregation: Differences in Northern and Southern states”
The Military Industrial Complex in South Dakota
The priority of national defense over all else shows us how the minutemen missiles were a part of the military-industrial complex. The ever-impending threat of all-out war meant the constant development of military technology to outgun each other, creating an arms race. Pursuing this development in the US was done through institutions and individuals whoseContinue reading “The Military Industrial Complex in South Dakota”
Will Wright 