Search results
Results from the WOW.Com Content Network
Exploitation is a concept defined as, in its broadest sense, one agent taking unfair advantage of another agent. [1] When applying this to labour (or labor), it denotes an unjust social relationship based on an asymmetry of power or unequal exchange of value between workers and their employers. [2]
Usury (/ ˈ j uː ʒ ər i /) [1] [2] is the practice of making loans that are seen as unfairly enriching the lender. The term may be used in a moral sense—condemning taking advantage of others' misfortunes—or in a legal sense, where an interest rate is charged in excess of the maximum rate that is allowed by law.
By 287 BC, the economic condition of the average plebeian had become poor. The problem appears to have centered around widespread indebtedness, [24] and the plebeians quickly demanded relief. The senators, most of whom belonged to the creditor class, refused to abide by the demands of the plebeians, and the result was the final plebeian secession.
The Everett Massacre (also known as Bloody Sunday) was an armed confrontation between local authorities and members of the Industrial Workers of the World (IWW) union, commonly called "Wobblies", which took place in Everett, Washington on Sunday, 5 November 1916. The tragic event marked a time of rising tensions in Pacific Northwest labor history.
The new economic history, or cliometrics, formalized economic history in a manner similar to the injection of mathematical models and statistics into the rest of economics. [ 12 ] The relationship between economic history, economics and history has long been the subject of intense discussion, and the debates of recent years echo those of early ...
Economic oppression is the divide between two classes of society. These were once determined by factors such slavery, property rights, disenfranchisement, and forced displacement of livelihood. Each divide yielded various treatments and attitudes towards each group.
In reality, this number could be far higher due to the difficulty in getting exact numbers of victims, due to the secretive nature of human trafficking. The U.S. government only keeps a count of survivors, defined as victims of severe instances of human trafficking, who have been assisted by the government in acquiring immigration benefits. [53]
Economic determinism is a socioeconomic theory that economic relationships (such as being an owner or capitalist or being a worker or proletarian) are the foundation upon which all other societal and political arrangements in society are based.