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Charles Edward Russell was a muckraking American who founded the NAACP, gave up on the corrupt Republican and Democratic parties, profoundly opposed communism (he particularly despised Lenin), and branded his pooled trust/share the capitalistic wealth ideology as: Socialism. The pooled trusts envisioned by Russell were a means to maximize profits and distribute the revenue to the producers instead of the executives. His core ideology was to reduce the abusive concentration of wealth and power in the hands of the elite (aka, the 1%) and share the profits with the producers (aka, the 99%) thus raising the standard of living for all.
Russell had seen the pooled trust business model in the form of cooperatives succeed for farmers in his native Iowa, but he also watched as these small Iowa cooperatives were defeated by the powerful New York and Chicago railroads which used their monopoly powers to control the flow of agriculture to distant markets and thus skimmed all of the profits away from the farmers and their trusts. Russell keenly observed that monopolies and the resulting concentration of power were to blame for the low living standards, and often abject poverty, of producers.
Sponsored by Upton Sinclair, Russell joined the Socialist party and ran for Mayor, Governor, and U.S. Senator in New York. He almost ran for President, but he was rejected from the Socialist party in 1917 due to his outspoken support for U.S. intervention in Europe to help the Allies defeat Germany in World War I. At the time, many members of the Socialist party in the U.S. were either German immigrants or decedents of German immigrants who strongly opposed the war.
What else can I help you with?
What do supporters of socialism generally feel about capitalism?
Socialists generally feel capitalism is an outdated form of organizing an economy that needs to be replaced by a socialist economic system.Capitalism leads to inequality among citizens.
How did communists and socialists feel about capitalism?
It is a matter of Communists disliking the capitalist system, not individual capitalists. Capitalism involves exploitation, inequality and poverty; it is also unnecessary, as a society based on common ownership and production for use could produce more than enough for everyone.
Is this statement Capitalism is a better system of government than communism fact or opinion?
opinion because they are explaining how it is and some people might not feel that way because what opinion means is how someone or something feels about another thing, but its not true sometimes.
Do the economic ideals of capitalism abd socialism feel the same about war?
Capitalism and socialism have differing views on war, often reflecting their underlying economic ideologies. Capitalism, with its focus on competition and profit, may see war as a means to secure resources, markets, and geopolitical advantage, often leading to militaristic policies. In contrast, socialism tends to emphasize social welfare and collective ownership, viewing war as a failure of diplomacy and a detriment to societal well-being. While both ideologies may justify war under certain circumstances, their motivations and implications differ significantly.
How is the American economic system organized?
The government doesn't organize the economy. They can try and fiddle with it, but an economy is people interacting with each other. You should do some reading, because I feel you don't have a strong grasp of economics.
What do supporters of socialism generally feel about capitalism?
Socialists generally feel capitalism is an outdated form of organizing an economy that needs to be replaced by a socialist economic system.Capitalism leads to inequality among citizens.
How does edward feel about james in twilight?
Edward loathes and despises James. Frankly, Edward wants to kill him
How does the church feel about Marx capitalism?
There is no such thing as "Marx capitalism." The Catholic Church however as a conservative institution as a great defender of capitalism and hates socialism, Marx, etc. Essentially the total opposite of what Jesus himself probably would have supported.
How do others feel about edward and the Cullens?
they get away from them
How do colours make you feel?
Red makes one hungry.Blue is tranquilizing.Yellow makes you angry.Purple encourages capitalism.
Does Edward feel bad for leaving Bella?
yes he does!!
How does edward feel about Bella's death?
Sad and scared.
What did edward feel about renesmee?
At first when she was still inside Bella, Edward wanted to kill it but then he came to love her
Do you feel that benefits of capitalism in china outweigh the drawbacks?
They do not have Capitalism, they have Communism. Communism may seem good but remember you have no voice in government, no ability to disagree with the government publicly, no freedom of the the press, and the worst part is, nothing to do with Capitalism or Communism, is that everything in China is very polluted and dirty in most parts.
How does Edward feel about Jacob imprinting on Bella's baby?
Edward is mortalized that Jacob imprinted on hiss baby so edward is thinking about killling Jacob
How did edward feel when he thought Bella was dead?
xtremly sad
How does Edward feel when Jacob imprints on Edward's daughter?
he understands...although Bella is a bit crazy when she finds out.Which means Bella and Edward switched roles.
