Economic system
How safe is it for different people to share their truths and how can i foster a culture of safety and relational trust to move social justice issue forward? Considered through the lens of Values.
VALUE
The utility of an object in satisfying, directly or indirectly, the needs or desires of human beings, called by economists “value in use;” or its worth consisting in the power of purchasing other objects, called “value in exchange.” Also the estimated or appraised worth of any object of property, calculated in money. The term is also often used as an abbreviation for “valuable consideration,” especially in the phrases “purchaser for value,” “holder for value,” etc.
It’s easy for poeple sitting in a privileged position to say that everyone can speak, but i don’t think it’s true. if you are powerless, your voice has less impact. If we moved to a more democratic society that was really based on the idea that everyone had a voice and a vote, that might change. But right now, if your voice threatens the status quo, you’ve got to work a lot harder to make your voice heard. Also, we have a very short attention span, so making yourself heard long enough to make a difference is a challenge. Dr. Lisa Citron, economics professor at Cascadia College, gave me example of Megan Rapinoe, the co-captain of the US Soccer Team. She used their exellence performance at the World Cup to highlight the struggle for equal pay and support for women’s soccer. There was a lot of attention, for a short of time, and now we’ve moved on to other things.
“Ronald Takaki ( narrator of A different mirror book) traces the economic and political history of Indians, African Americans, Mexicans, Japanese, Chinese, Irish, and Jewish people in America, with considerable attention given to instances and consequences of racism.
Postman’s book Amusing Ourselves to Death opens by saying that Aldous Huxley’s vision of the future in his book and Postman concludes his book by acknowledging that television cannot and should not be simply eradicated. Rather, he believes that Americans can save themselves by becoming aware of the potential television has to permanently stymie rational discussion. Once we recognize that forms of media wield this kind of power, we will be able to resist the urge to “entertain ourselves to death.”
The United States has a mixed economy. It works according to an economic system that features characteristics of both capitalism and socialism. A mixed economic system protects private property and allows a level of economic freedom in the use of capital, but also allows for governments to intervene in economic activities in order to achieve social aims and for the public good.
References
Definition of Value of Reference (Black Law Dictionary). (2019)
Citron Lisa (2019, July 29). Group interview with Community Partner (Online interview)
Takaki, R. (2008). A different mirror: A history of multicultural America. Part two: Contadictions
Postman, N. (2006). Amusing ourselves to death: The age of show business.
Lorecentral.org (2017, December). American Economic system advantage.
Economic System 