Course Blog for Soc 3151: Social Issues and Social Policy at Baruch College
In my academic career and path to understanding the American financial system and the economy in general there was a question that had always perplexed me. I have gained a better understanding of why this is and in my research for my paper I came across this great article from the radical perspective site called “Financial realities after [...]
My research paper is about the general American dependency on credit has resonated into normally accepted lifestyle. Post WWII America has been looked on in fascination and envy by the rest of the world mainly because the opportunity to rise from gravel to marble is entrenched into our social fabric. So if you find yourself [...]
People tend to generally assume that the word innovation always carries a positive connotation. While for the most part they may be right, this isn’t always the case. Innovation has the ability to fuel prosperity, but unfortunately it sometimes comes at the expense of the common man. The concept follows that of the distribution of [...]
Edward Harrison of Credit Writedowns, posted this article on NakedCapitalism.com which dissects the government’s plan to buy up to 1.4 trillion dollars worth of toxic assets that are clogging up the banks balance sheets. This is an effort to stimulate the credit market, that if successful should partially revitalize the economy and reduce the fear of both lenders and [...]
Naked Capitalism Naked Capitalism