Herman Cain (born December 13, 1945) is an American politician, business executive, syndicated columnist, and Tea Party activist.
Cain grew up in Georgia and graduated from Morehouse College with a bachelor's degree in mathematics. He then graduated with a master's degree in computer science at Purdue University, while also working full-time for the U.S. Department of the Navy. In 1977, he joined the Pillsbury Company where he later became vice president. During the 1980s, Cain's success as a business executive at Burger King prompted Pillsbury to appoint him as chairman and CEO of Godfather's Pizza, in which capacity he served from 1986 to 1996.
Cain was chairman of the Federal Reserve Bank of Kansas City Omaha Branch from 1989 to 1991. He was deputy chairman, from 1992 to 1994, and then chairman until 1996, of the Federal Reserve Bank of Kansas City. In 1995, he was appointed to the Kemp Commission, and in 1996, he served as a senior economic adviser to Bob Dole's presidential campaign. From 1996 to 1999, Cain served as president and CEO of the National Restaurant Association.
In May 2011, Cain announced his presidential candidacy. By the fall, his proposed 9–9–9 tax plan and debating performances had made him a serious contender for the Republican nomination. In November, however, his campaign faced allegations of sexual misconduct—all denied by Cain—and he announced its suspension on December 3.
- "First president with a CS degree?" | 2011-11-19 | 13 Upvotes 4 Comments
Ronald Reagan Speaks Out Against Socialized Medicine is a 1961 LP featuring the actor Ronald Reagan. In this more than ten-minute recording, Reagan "criticized Social Security for supplanting private savings and warned that subsidized medicine would curtail Americans' freedom" and that "pretty soon your son won't decide when he's in school, where he will go or what he will do for a living. He will wait for the government to tell him." Roger Lowenstein called the LP part of a "stealth program" conducted by the American Medical Association (see Operation Coffee Cup).
- "Ronald Reagan Speaks Out Against Socialized Medicine" | 2019-10-20 | 14 Upvotes 24 Comments
A number of studies have found that biology can be linked with political orientation. This means that biology is a possible factor in political orientation but may also mean that the ideology a person identifies with changes a person's ability to perform certain tasks. Many of the studies linking biology to politics remain controversial and unreplicated, although the overall body of evidence is growing.
- "Biology and political orientation" | 2020-04-27 | 17 Upvotes 4 Comments
Late capitalism, late-stage capitalism, or end-stage capitalism is a term first used in print by German economist Werner Sombart around the turn of the 20th century. In the late 2010s, the term began to be used in the United States and Canada to refer to perceived absurdities, contradictions, crises, injustices, inequality, and exploitation created by modern business development.
Later capitalism refers to the historical epoch since 1940, including the post–World War II economic expansion called the "golden age of capitalism". The expression already existed for a long time in continental Europe, before it gained popularity in the English-speaking world through the English translation of Ernest Mandel's book Late Capitalism, published in 1975.
The German original edition of Mandel's work was subtitled in "an attempt at an explanation", meaning that Mandel tried to provide an orthodox Marxist explanation of the post-war epoch in terms of Marx's theory of the capitalist mode of production. Mandel suggested that important qualitative changes occurred within the capitalist system during and after World War II and that there are limits to capitalist development.
- "Late Capitalism" | 2023-05-20 | 12 Upvotes 3 Comments