Entire party further to the left . To get a sense of that, we welcome someone with vast experience on wall street as well as in washington, he is Ralph Schlosstein, cochairman and coceo of evercore. Great to have you with us as always. Youve described yourself as a fiscal conservative but a social liberal. Side, fiscal conservative are you concerned joe biden is tacking to the left to make sure he keeps the bernie brose with him . Ralph not really. If you look at Vice President bidens record in the senate and when he was Vice President to squarely obama, he is in the left center of the Democratic Party, the center of the Democratic Party. E is a procapitalist his selection of Kamala Harris as a Vice President , who while i also believe is procapitalism, sets of course which i believe is a right course for the country. Commitment to private enterprise , but also a more balanced distribution of wealth and access to health care and education as more of a right in our society than a privil
Todays yuantching facing after a report questioning its status as a safe haven currency. At todays top stories and tell me all about it. Follow me on twitter rishaadtv, and include trendingbusiness. Hong kong, shanghai opening in 30 minutes. Others coming online. Starting things off with a record highs. Lets go to the new zealand market, up by. 50 , a solid session last week, no holding on to alltime records. Kathmandu up by 2 . Out there. G a switch session,lia, a solid 8 10 of 1 on the asx 200 despite volatility and weakness in some of the commodity contracts. stocks leading the way, whitehaven up by 5 . A boost as iting announces its shots 500 stores. Weve had the japan trade data better than expected, the nikkei 225 by. 50 . Theyen weakening to 106 to dollar. Adding. 2 5 kospi after a lackluster session on friday. Taiwan, singapore, and malaysia joining in the buying as well. Certainly looking like the risk on rally in asia is continuing, even though analysts have been saying the r
Along in the 19th century looking at it historically and said there is this march of capitalism and ultimately he believed capitalism had gone awry and was exploitive. Thinking about it in terms of the march of history, he believed class struggle would bring about a revolution. For him, it was a revolutionary, immediately kind of socialism than theorists who attacked about it earlier. This was in response to the Industrial Revolution and these ideas from europe started to come to the United States and change the political landscape. That was socialism. To think about Classical Society with a more fair, distribution of wealth devoid of capitalism. These were ideas that took a lot of traction in the 19th century and through immigrants and others coming to the United States in the late 19th century, it gained some traction. Host how did this manifest itself in american politics . Prof. Johnson that is a good question. It is unique. It started because of the american political landscape. T
A lot of folks talking about that idea in the 19th century. It was really crow marx who came carl marx who came along in the 19th century looking at it historically and said there is this march of capitalism and ultimately he believed capitalism had gone awry and was exploitive. Thinking about it in terms of the march of history, he really believed class struggle would bring about a revolution. For him, it was a revolutionary, immediate kind of socialism than theorists who talked about it earlier. This was in response to the Industrial Revolution and these ideas from europe started to come to the United States and really start to change the political landscape. That was socialism. To think about a Classless Society with a more fair, equal distribution of wealth devoid of capitalism. These were ideas that took a lot of traction in the 19th century and through immigrants and others coming to the United States in the late 19th century, it gained some traction. Host how did this manifest i
Focuses on the late 19thcenturyearly 20th century. Define socialism for us in that time. Were a lot ofhere socialists talking about a broadly. They were wrestling with, how to we come up with systems where distribution could be more fair. More equal. As a lot of socialists were talking about that. It was really crow marx who came along in the 19th century looking at it historically and said there is this march of capitalism and ultimately he believed capitalism had gone awry and was exploitive. Thinking about it in terms of the march of history, he believed class struggle would bring about a revolution. For him, it was a revolutionary, immediately kind of socialism than theorists who attacked earlier. This was in response to the Industrial Revolution and these ideas from europe started to come to the United States and change the political landscape. Hat was socialism to think about Classical Society with a more fair, distribution of wealth devoid of capitalism. These were ideas that to