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No empire other than Great Britain brought to its colonies the technological tools (railroads, modern medicine) and the political ideals (capitalism, the rule of law) that made possible the development of stable and egalitarian societies. This explains why 54 nations, most of them former British colonies, are willing members of the Commonwealth of Nations, acknowledging the British monarch as their symbolic head.
Nations that have violently rejected Britain's model of constitutionalism have created human misery on an industrial scale. There is a reason that the democratic reformers in Hong Kong, a former British colony, often display the Union Jack.
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The crisis originated in the gradual deregulation of the financial sector operated in the United States. Put simply, the United States erased the differences between investment and commercial banks back then, which encouraged risky investment with money that had been borrowed. The price to pay was a subprime, in other words a riskier loan and therefore the possibility to increase interest rates on the mortgage.
A real estate slump in prices spread quickly in the United States in early 2007, causing the financial sector to collapse in the country before spreading to markets all over the world.
[...] Impacts of the recession In the USA, unemployment remained high in the years 2008-2012 and consumer confidence decreased. It had consequences on inflation. As of today of the US population owns about 40% of the national wealth. In America, a global rise of populism and isolationism has reached its climax with the election of Republican Donald Trump as president of the USA in 2016. GLOBALIZATION The term refers to the process of increasing international integration consequent to the exchange of products, people, ideas, and other aspects of culture. [...]
[...] - Emma Stone and Andrew Garfield, when paparazzi intruded in their private life and took unauthorized pictures, hid their faces with signs saying : "We don't need the attention but theses wonderful organizations do : YouthMentoring, AutismSpeaks" MEDIA SURVEILLANCE SOCIETY AND DATA PRIVACY Governments and companies can gather data - Governments : The Prism Scandal 2013 ? Edward Snowden exposed the existence of a surveillance program, PRISM, led by the NSA. Public opinion did not know that surveillance was used on such a scale. - Companies : Cambridge Analytica 2016 ? Exposed by whistleblower Christopher Wylie. The Cambridge Analytica scandal has proved that FB failed to protect its users' data, used to target them with political ads in the 2016 American election. Current issues D. [...]
[...] In 1921 Tulsa's white residents and civil society leaders looted and burned to the ground the Greenwood district and used planes to drop projectiles on it. Up to 300 Black Tulsans were killed. "Don't Say Gay" law (2022) : Ron DeSantis (Florida Governor) signed into law the Parental Rights in Education bill. Prohibit public schools from having "classroom discussion" or giving "classroom instruction" about sexual orientation or gender identity from kindergarten through third grade. Critical Race Theory (2023) : States like Florida, Tennessee have banned the teaching of CRT. [...]
[...] Against the notion of the US as a land of immigration ? Afraid of racial profiling ? Break in the trust relationship between local police and immigrant community - 2023: 700 sanctuary cities of undocumented immigrants ADDICTION Some arguments in favor of legalization : - To decrease the number of crimes linked to drug traffic - To provide a boost to the economy and revenue to the state - To unclog courtrooms which spend many resources on such cases - In favor or Af American rights because more likely than whites to be arrested for that - To enable better control on the consumption 36 states legalized marijuana for medical purposes states have completely legalized the use of recreational marijuana (1st is California) Some arguments against legalization - To prevent an increase of the consumption - For fear that cannabis might be a "gateway" drug to other more dangerous substances and encourage their consumption. [...]
[...] - 2019 Green New Deal attempt (still not passed) : plan to address climate change and revamp the economy which was launched by A. Ocasio-Cortes ? funding renewable energies ? a policy initiative sponsored by Democratic Congresswoman Alexandria Ocasio-Cortez in early 2019. Its name is a reference to President's F.D. Roosevelt New Deal, a set of policies and public works projects designed to combat the Great Depression in the 30s. Similarly, the Green New Deal is a set of economic and social policies aiming at fighting economic inequality as well as making the US carbon-neutral in 10 years. [...]
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