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Corporatism is a political system of interest representation and policymaking whereby corporate groups, such as agricultural, labour, military, business, scientific, or guild associations, come together on and negotiate contracts or policy ( collective bargaining) on the basis of their common interests. [1] [2] [3] The term is derived from the ...
In Marxism, class consciousness is the set of beliefs that a person holds regarding their social class or economic rank in society, the structure of their class, and their class interests. [1] [2] According to Karl Marx, it is an awareness that is key to sparking a revolution that would "create a dictatorship of the proletariat, transforming it ...
Overview. Political scientist Thomas R. Dye said that politics is about battling over scarce governmental resources: who gets them, where, when, why and how. Since government makes the rules in a complex economy such as the United States, various organizations, businesses, individuals, nonprofits, trade groups, religions, charities and others—which are affected by these rules—will exert as ...
Pros and cons of government 457 (b) retirement plans. Like its better-known sibling — the 401 (k) — a 457 (b) retirement plan is a tax-advantaged way to save for retirement. But the 457 (b) is ...
A planned economy is a type of economic system where the distribution of goods and services or the investment, production and the allocation of capital goods takes place according to economic plans that are either economy-wide or limited to a category of goods and services. A planned economy may use centralized, decentralized, participatory, or ...
The pros of being a small business owner include financial and emotional rewards as your business succeeds. The downsides are that you assume personal risk and responsibilities when owning a ...
Critics argue that class rank is more a measure of one's peers than of one's self. The top 10% rule adds racial diversity only because schools are still highly racially segregated because of residential patterns. To some extent, the class rank rule has the same effect as traditional affirmative action.
Type of business acquisition loan. Description. SBA 7(a) loan. A government-backed loan designed to help businesses that don’t qualify for conventional business loans, offering low interest ...