Generally speaking, a modest increase to the minimum wage will increase household spending and thus stimulate the economy. However, this can be offset by job loss or hour reduction, inflation, and other factors.
Social movements are gatherings of people within society who share a goal. that may or may not have political backing, and may be organized or unorganized.
Populism is a broad term that generally describes popular sentiment felt by the working class against the elites. It can look like social conservative nativist right-wing populism or social liberal progressive left-wing populism.
Below is the Federalist #10, written by James Madison, and reprinted in full. We explain, annotate, and offer context on the Federalist #10.
As James Madison said when discussing special interest factions and liberty in the Federalist #10, “Liberty is to faction what air is to fire, an aliment without which it instantly expires”.
All collectives are comprised of individuals, and all individuals comprise collectives; thus we can never fully consider collectives without considering individuals, or vice versa.
Historically, Protestantism is like classical liberalism (individual liberties and rights) and Catholicism is like social liberalism (state enforced social justice).