December 27, 2022
CHANGING MODE OF ECONOMIC SECURITY.PART 4
Prominent figures such as novelist H.G.Wells,economist Thorstein
Veblen courted the best governance system ever mooted in the States
and it became a serious intellectual movement.Same engineers borrowed
classical economics its mathematical tradition to usher in emergence
of neoclassicals.With over a million members,in 1934 in California
oddly enough had blossomed till date.They contended that price system
was outdated and production system based on traditional economic
theory antiquated.And the world should beleft in the care of engineers
and technology experts,supported rigorous application of engineering
principles as necessary solutions to economic security.They detest
political right and every logics of political and economic system
branded purely of unsound principles. The volunteerism of President
Hoover's era was excellently repackaged as social security with the
dawn and emergence of Rooseveltian times.Hoover had become a household
name after world war 1,distributed tons of food to starving millions.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment