ECON 113 Chapter Notes - Chapter 1: Stamp Act Congress, Olive Branch Petition, George Whitefield

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20 Mar 2017
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Important to distinguish between myth, preconceptions, ideological abstractions and reality when studying history. E. g. europeans saw the new world as empty despite being full w/ millions of human beings and complex societies. Thomas more: utopia where all property is owned communally, and harmony, cooperation, and equality prevail. Political significance of the new world: the american dream (an idealized fantasy & not true for everyone) is written on the statue of liberty in a poem by emma lazarus (1883): Give me your tired, your poor, your huddled masses. I lift my lamp beside the golden door! Religious significance of the new world: new england puritans believed that the new. Idealized american exceptionalism, e. g. reagan"s america as a shining city on a hill w/ a uniquely favored destiny. The progression from an agrarian to an industrial to a post-industrial economic order. Negative conceptions of america, e. g. marxist: opponents of neo-colonialism and economic imperialism viewed it as the epitome of late capitalism.

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