Journals Information
Sociology and Anthropology Vol. 5(2), pp. 130 - 138
DOI: 10.13189/sa.2017.050203
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Occupy and TEA Party's Attention Support Current Relevance of Smith, Hamilton, and Keynes Economic Views President Obama's Economic Influences
Harry Russell *
Southern University at New Orleans, USA
ABSTRACT
This article aims to address the relevance of current public and political movements in relationship to America's economic philosophical views and outcomes as reaction to President Obama's Economic Recovery Plan. The discussions take into account the views of varying segments of the population as expressed through the actions and opinions of the Occupy and Tea Party Movements. Connections between economic views and theories of Adam Smith, Alexander Hamilton, And John Keynes and economic principles of these two movements in relationship to the President's theoretical plan are presented. A look into the roles of liberalism, conservatism, and plutocracy are considered as part of the ideological discourse of various segments of the American populous. Views of the government bailout and other stimulus plans introduced by the Administration are explored in relationship to the views held by the two competing movements and the competing political ideologies. The outcome of which is that the President's plan is more closely aligned with the concerns of the occupy movement, Keynesian economic policy theory, and liberalism.
KEYWORDS
Economic Views, Occupy Wall Street, TEA Party, Social action, U.S. Economic Plan
Cite This Paper in IEEE or APA Citation Styles
(a). IEEE Format:
[1] Harry Russell , "Occupy and TEA Party's Attention Support Current Relevance of Smith, Hamilton, and Keynes Economic Views President Obama's Economic Influences," Sociology and Anthropology, Vol. 5, No. 2, pp. 130 - 138, 2017. DOI: 10.13189/sa.2017.050203.
(b). APA Format:
Harry Russell (2017). Occupy and TEA Party's Attention Support Current Relevance of Smith, Hamilton, and Keynes Economic Views President Obama's Economic Influences. Sociology and Anthropology, 5(2), 130 - 138. DOI: 10.13189/sa.2017.050203.