Wednesday, September 30, 2020

American history 1850-1945/Carlos Pueblo

 

American history 1850-1945/Carlos Pueblo

Recently, I open a college history book volume 2 from the Civil War to present. I read from 1850 to 1945 and close the book to write my report. The development of the current day United States can be back track to the late 15th century; however, the most dramatically change is the last 150 years or so, after the Civil War. The Civil War has been involving the slave from Africa as a reason and I believe that is still fighting in the country. It has never ended.

Once there is an issue occurred at a time, it is called the populism, i.e. the race issue, the economic issue, the labor issue, and equal right issue, etc. Those who are determined to solve the issues through the U.S. system are called the progressive party or the progressive leader. The progressive is in compare with the conservative or we call the progressive is the liberal. In the current day U.S. politic, the Democrat is the progressive while the Republican is the conservative. Almost 100 years ago, it was just reversed. Lincoln’s Republican Party is more like the current day Democratic Party. At least they attempted to solve the racial injustice.

There is a new aggressive development according to the Darwinism called the Social Darwinism to ask governments to step in to help the unfitted. According to the Darwinism, there are fitted and unfitted people in the world. An able government should try to help the weak part of the society. In consequence, governments need new revenue to finance the cost. This is why the federal income tax, the various local taxes are established during this time. The citizen demands more of services from governments and it costs money. There is a defined diffidence between two political parties.

I am also impressed with the book to explain the gold standard, the silver standard, and my understanding of the base of the gross domestic product figure to make the circulation of the U.S. currency. I was once confused of the Treasury can print the dollar at will such as the current pandemic impact fund I and coming II. It is based on the GDP percentage not by the gold reserve or the silver reserve.

No comments: