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Subject: FIREWALL
Replies: 102 Views: 1551

jlh1182 8.03.10 - 03:26pm
This topic explains the rise and fall of the economic system.. Those who wish to see a solution can find one towards the end of the topic.. * +

jlh1182 8.03.10 - 03:31pm
In the second half of the 19th century a new dynamic was begining to express itself in the landscape of the world. Previous to this the world had been dominated by a system of empires, typified by the british empires commitment to thriving of the sheer brute labour power of uneducated, enslaved populations.. * +

jlh1182 8.03.10 - 03:37pm
In the name of free trade the british east india company enforced an economic policy devised to maintain the dependence of its colonies upon its maritime shipping throughout the world. By flooding foreign markets with cheap goods, they would force other countries to devalue their labour to the point where their only recourse was either employment of slave labour or the elimination of manufacturing * +

jlh1182 8.03.10 - 03:45pm
By these means britains colonies were to forever remain vassels, with the sole purpose of supplying raw materials to the empire. In the post colonial united states republic however, there existed a better vision for the future. American system economist and advisor to president lincoln, Henry C Kerry drew a stark contrast when he wrote in 1851- * +

jlh1182 8.03.10 - 03:51pm
'Two systems are before the world, one looks to underworking the hindu and sinking the rest of the world to his level. The other to raising the standard of man throughout the world to our level. One looks to pauperism, ignorance, depopulation and barberism. The other to increasing wealth, comfort, inteligence and civilization. One looks toward universal war.... * +

jlh1182 8.03.10 - 03:57pm
The other towards universal peace. One is the english system, the other we may be proud to call the american system, for it is the only one ever devised to the tendancy of which was that of elevating while equalizing the condition of man throughout the world. Such is the true mission of the people of these united states. To raise the value of labour throughout the world... * +

jlh1182 8.03.10 - 03:59pm
We need only to raise the value of our own'... H C Kerry.. * +

jlh1182 8.03.10 - 04:10pm
In 1865 the young nation, united states of america, under the leadership of president lincoln, triumphed over the concerted efforts of the british empire to break her apart through support of the confederacy and other means of subvesion. The american system based upon free-ing and fostering the creative capacitys of mankind, thrived upon a culture of scientific advancement and development of.. * +

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