Showing posts with label capitalism. Show all posts
Showing posts with label capitalism. Show all posts

Monday, October 27, 2025

Did Karl Marx and Friedrich Engels misrepresent the slums of Manchester?

Was it intentional or a human mistake?

"Work, shopping, church and the pub kept different classes apart far more than ‘residential segregation’ in 1850s Manchester, undermining key assumptions about the Industrial Revolution.

By mapping digitized census data, new research shows that many middle-class Mancunians including doctors and engineers lived in the same buildings and streets as working-class residents including weavers and spinners. ...

But even in Ancoats, the main working-class slum which so appalled Engels, around 10% of the population belonged to the wealthier employed classes. ...

Friedrich Engels, the co-founder of Marxism, visited Manchester in 1842 and began recording examples of rampant inequality in the rapidly industrialising city.

He described a commercial core encircled by ‘unmixed working-peoples’ quarters, then the ‘middle bourgeoisie’ and further beyond, the upper classes. Many historians have relied on Engels’ account – preserved in The Condition of the Working-Class in England ..."

Mixed-up in Manchester "The ‘slums’ of Victorian Manchester actually housed doctors and engineers, a new study reveals, but daily life still kept rich and poor neighbours apart."


Life above and below street level in Manchester around 1838


Friday, October 11, 2024

When two famous business leaders, one from India, the other one from Japan, met in 1893

Great history unfolds during meetings of the minds!

"It was in 2014 when Indian business tycoon Ratan Tata, who recently passed away at the age of 86, wrote for Nikkei's long-running autobiographical series. While those stories unfortunately are no longer available online, I found them in old newspaper archives and noted with great interest how the arc of his life, both in private and business circles, was closely tied to the development of the Indian economy.

While reading the series, I was fascinated to learn that the Tata Group, founded in 1868, the first year of Japan's Meiji era, has deep historical ties with Japan. Tata's founder, Ratan's great-grandfather [Jamshedji Tata
], known as the father of Indian industry, met with Eiichi Shibusawa, the father of Japanese capitalism [and a great philanthropist] (and now featured on Japan's 10,000 yen note), in 1893 to establish the first regular shipping routes between the two countries. ..."

History lessons from leaders

Jamshedji Tata (1839-1904)


Shibusawa Eiichi (1840-1931) "Visiting the Yoiku-in, a welfare center in Tokyo, the Yoiku-in was dedicated to helping the sick and in need." (Source)


Friday, July 26, 2024

Japan's new banknote celebrates maverick venture capital pioneer Eiichi Shibusawa

Good news!

"Eiichi Shibusawa, known as “the father of Japanese capitalism,” will grace Japan's 10,000 yen note from 2024 [as of July 3], when a new series of banknotes will come into circulation. ..."

"Another notable aspect of Shibusawa's career is that, despite being the founder of hundreds of corporations, he refused to maintain a controlling stake in these corporations, effectively preventing himself from forming a zaibatsu. What is known as the Shibusawa zaibatsu was a holding company to look after his estate for his family. The Shibusawa Zaibatsu did not hold any controlling stake in any companies. Despite his humble origin as a farmer, he was granted the title of Viscount, while all other zaibatsu founders were awarded the title of Baron. He was also awarded Shōnii, Second Honour under the ritsuryō rank system, which is usually given to high-ranking nobility and prime ministers." (Wikipedia)

Japan's new banknote celebrates maverick venture capital pioneer - Nikkei Asia From currency to potato chips, Eiichi Shibusawa is a fitting hero for tumultuous times



Monday, June 29, 2020

Why Capitalism Is A Myth!

Posted: 6/29/2020

Just take the public education of our children in Western countries as an example. Attendance is compulsory and enforced by the government under penalty or fines if not worse. Home schooling of children is e.g. prohibited in Germany. Private run schools for children are fairly rare and regrettably unaffordable to many parents.

This tight and expansive government control of the education of our children is irreconcilable with free market capitalism and a constitution conceived in individual liberty! Most parents would voluntarily and freely make every effort to get their children the best education possible. Free markets and private charity would provide plenty of education opportunities for our children! In the age of the Internet, the almost exclusive authority of the government on the education of our children is not justified at all anymore!

It is high time to largely privatize the education of our children and let parents and older children make their choices about the education of children.

Thursday, April 09, 2020

500 Jahre Reformation – Wie die Schweiz gespalten wurde | Gott Arbeit Geld

Sehr empfehlenswert! Kleine Warnung: Die vielen Interviews sind in Schwyzerdütsch!

Warum die katholischen Regionen in der Schweiz wirtschafltich zurueckgeblieben sind? Wer waren die Schweizer Soeldner, Auswirkungen der Reformation, italienische Zuckerbaecker, Hugenotten u.v.m. 

Einiges erinnert an die Die protestantische Ethik und der Geist des Kapitalismus von Max Weber!


Warum sind eigentlich Laender wie Spanien, Italien, oder Griechenland huete wirtschaftlich immer noch so rueckstaendig?



Im 17. Jahrhundert hatten katholische Schweizer erheblich mehr Feiertage als Protestanten:

Katholishe Laender waren auch rueckstaendig was die allgemeine Schulausbildung anging:

Friday, February 22, 2013

The Study And Teaching Of History - Banned And Undervalued

A Tragedy In Western Societies

It appears in Western societies history is not really taught anymore to our children. Teaching of history was too often abused by those in power. To avoid indoctrination in nationalism, anti-Semitism, or rote memorization of historical events or other purposely selective historical topics the study and teaching of history appears to have been broadly banned for decades.

Alternatively, history is too often taught by too few examples e.g. Hitler & Nationalsozialismus (Nazis) in Germany or slavery in the US.

In a global world it becomes more and more outdated to teach or study history almost exclusively in the context of Western civilization plus Egypt while the history of civilizations in India or Asian is largely ignored.

Popular History

We all know the famous citation attributed to George Santayana that “Those who cannot remember the past are condemned to repeat it.” How many people, who know this quote, actually understand this quote? How do we actually interpret it? I am afraid, I do not even know the context of this quote and what Mr. Santayana was trying to describe or explain. Pardon, my ignorance.

History is written by the victors. Another famous quote whose attribution is not quite certain it seems. Does this mean we can ignore history? Or we should rewrite history purportedly from the looser perspective or some kind of balanced approach?

Some of us may also be familiar with George Orwell's Nineteen Eighty-Four where he wrote among other things "He who controls the present, controls the past. He who controls the past, controls the future.".

You Do Not Understand The Present Without History

Human societies are usually rather slow moving, dynamic organisms. Only violent revolutions or wars etc. can sometimes hasten the pace of history that is why e.g. dictators like Stalin, Hitler, or Mao prefer this route to impose their will on the people.

If more people would have a better knowledge of the history of science they would be much more skeptical as to the claims of global warming alarmists and their enablers especially among politicians and businesses. The history of science is littered with superstition and false pretense of knowledge.

The emergence of big central governments over the past 150 or so years in most Western countries cannot be understood without looking at the beginnings and progress over time. The Soviet Union disappeared in the dust bin of history, but Western Democracies have imitated its central planning and its command economy to a large extent. The Arms Race between so called capitalist and communist systems was only part of the race to more centralized, all invasive, interventionist governments at the expense of individual freedom.

Who Benefits From History Illiterates

As they say follow the money trail you might also say follow the trail of who benefits of a majority of citizens who are largely history illiterates.

In a democracy like ours, it is the elected politicians who get away with ideology, propaganda, falsehoods etc., because they know their constituents are not educated enough to know better.

There are clearly vested interests to keep the majority of citizens in the dark about history. Proponents of big government, which most politicians are, e.g., do not want us to know more about how big government gets bigger and bigger over time, decade after decade, and how we individuals loose more and more freedoms.

Many Founding Fathers Understood The Importance Of History Very Well

They and the founding mothers would be unpleasantly surprised if they were to return to our society today.