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How do you measure that?Ever happened? Probably has. Do I think the minimum wage has been more beneficial? Absolutely.
Private banks did it until 1914.What institution prints the money that individuals and businesses use to pay their taxes?
Withering away of the state - Wikipedia.
Private banks did it until 1914.
The dollar was worth twice as much in 1914 as it was in 1789 when the Constitution determined its value in terms of gold.With mixed results.
The dollar was worth twice as much in 1914 as it was in 1789 when the Constitution determined its value in terms of gold.
During that period the United States economy grew to be the largest and wealthiest on Earth.
What's "mixed" about it?
A banks reputation for sound banking practice was widely known. You had more recourse with private banks than you have with the federal reserve. In the former case, you could decline to use the notes of irresponsible banks. In the later case, you have no recourse.What's "mixed" about it?
Banks printed their own notes.
If you held a note from the Bank of Biden and it failed, what was your recourse?
Labor often times is not mutually agreed to, one side offers a wage the other often times doesn't have a choice.
ROFL. Our public universities are infest with communists in all the social sciences and humanities. They are busy cranking out dedicated Marxists by the truck load.There really is very little Communism in America, Just one of the newer buzz words to help divide America. What the hell it worked for a while starting in the 50s
A banks reputation for sound banking practice was widely known.
Nope, the employee often times does not have the means to negotiate employment terms against a large employer.
Nope, the employee often times does not have the means to negotiate employment terms against a large employer.
So what? They still have a choice.Nope, the employee often times does not have the means to negotiate employment terms against a large employer.
It is still mutually agreed to even if one feels one has no choice.Labor often times is not mutually agreed to, one side offers a wage the other often times doesn't have a choice.
It is not belief it is fact we are not a democracy.Why anyone would choose to believe we are not a democracy is astounding.
Union propagandaAnd most Americans have benefited greatly from collective bargaining whether they were in a union or not.
Who decides how much value labor adds to the product, owners or shareholders?n economics, specifically macroeconomics, the term value added refers to the contribution of the factors of production (i.e. capital and labor) to raising the value of the product and increasing the income of those who own said factors.