session 1 - Karl Marxs 10 Conditions For Transition To...

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Karl Marx’s 10 Conditions For Transition To Communism 1. Abolition of property in land and application of all rents of land to public purposes. 2. A heavy progressive or graduated income tax. 3. Abolition of all right of inheritance. 4. Confiscation of the property of all emigrants and rebels . 5. Centralisation of credit in the hands of the State , by means of a national bank with State capital and an exclusive monopoly . 6. Centralisation of the means of communication and transport in the hands of the State. 7. Extension of factories and instruments of production owned by the State; the bringing into cultivation of waste-lands , and the improvement of the soil generally in accordance with a common plan . 8. Equal liability of all to labour. Establishment of industrial armies , especially for agriculture . 9. Combination of agriculture with manufacturing industries ; gradual abolition of the distinction between town and country , by a more equitable distribution of the population over the country. 10. Free education for all children in public schools . Abolition of children's factory labour in its present form. Combination of education with industrial production. [7] And Just Remember This ^ leads to this – (Picture of communism) Conditions 1 and 5
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So, Fannie and Freddie own or guarantee about $5 trillion in mortgages; the Fed is on a path to owning $1.25 trillion; the FHA is adding about $0.4 trillion to what it already insures; other agencies also are providing guarantees; and the Treasury is absorbing poorly performing mortgage securities. The government is associated with at least half of the existing mortgage base and is currently involved with the origination of just under 90% of the new mortgages. With nearly 90% of 2009 mortgages involving the government, home sales would be substantially lower if the government was not in the mortgage business. http://seekingalpha.com/article/160612-five-questions-about-government-s-role-in-the- mortgage-business Types of Income Tax [ edit ] Personal A personal or individual income tax is levied on the total income of the individual (with some deductions permitted). It is often collected on a pay-as-you-earn basis, with small corrections made soon after the end of the tax year . These corrections take one of two forms: payments to the government, for taxpayers who have not paid enough during the tax year; and tax refunds from the government for those who have overpaid. Income tax systems will often have
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This note was uploaded on 10/26/2009 for the course HIS 121 taught by Professor Pope during the Fall '09 term at Utah Valley University.

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session 1 - Karl Marxs 10 Conditions For Transition To...

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