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Economic Activism
Economic activism involves using economic power for change. Both conservative and liberal groups use economic activism to boycott or outbid companies and organizations that do not agree with their particular political, religious, or social values. Conversely, it also means purchasing from those companies and organizations that do. Types of economic activism Brand activism is the type of activism in which business plays a leading role in the processes of social change. Applying brand activism, businesses show concern for the communities they serve, and their economic, social, and environmental problems, which allows businesses to build sustainable and long-term relationships with the customers and prospects. Kotler and Sarkar defined the phenomenon as an attempt by firms to solve the global problems its future customers and employees care about. Consumer activism is activism on behalf of consumers for consumer protection or by consumers themselves. For instance, activists in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Power
Economic power refers to the ability of countries, businesses or individuals to make decisions on their own that benefit them. Scholars of international relations also refer to the economic power of a country as a factor influencing its power in international relations. Definition Economists use several concepts featuring the word power: * Market power In economics, market power refers to the ability of a theory of the firm, firm to influence the price at which it sells a product or service by manipulating either the supply or demand of the product or service to increase economic profit. In othe ... is the ability of a firm to profitably raise the market price of a good or service over marginal cost. ** Monopoly power is a strong form of market power—the ability to set prices or wages unilaterally. This is the opposite of the situation in a Perfect competition, perfectly competitive market in which supply and demand set prices. * Purchasing power, i.e. the ability of any am ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Direct Action
Direct action is a term for economic and political behavior in which participants use agency—for example economic or physical power—to achieve their goals. The aim of direct action is to either obstruct a certain practice (such as a government's laws or actions) or to solve perceived problems (such as social inequality). Direct action may include activities, often nonviolent but possibly violent, targeting people, groups, institutions, actions, or property that its participants deem objectionable. Nonviolent direct action may include civil disobedience, sit-ins, strikes, and counter-economics. Violent direct action may include political violence, assault, arson, sabotage, and property destruction. Terminology and definitions It is not known when the term ''direct action'' first appeared. Spanish philosopher José Ortega y Gasset wrote that the term and concept of direct action originated in ''fin de siècle'' France. The Industrial Workers of the World union first me ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
General Strike
A general strike is a strike action in which participants cease all economic activity, such as working, to strengthen the bargaining position of a trade union or achieve a common social or political goal. They are organised by large coalitions of political, social, and labour organizations and may also include rallies, marches, boycotts, civil disobedience, non-payment of taxes, and other forms of direct or indirect action. Additionally, general strikes might exclude care workers, such as teachers, doctors, and nurses. Historically, the term general strike has referred primarily to solidarity action, which is a multi-sector strike that is organised by trade unions who strike together in order to force pressure on employers to begin negotiations or offer more favourable terms to the strikers; though not all strikers may have a material interest in each other's negotiations, they all have a material interest in maintaining and strengthening the collective efficacy of strikes as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dual Power
Dual power, sometimes referred to as counterpower, refers to a strategy in which alternative institutions coexist with and seek to ultimately replace existing authority. The term was first used by the communist Bolshevik leader Vladimir Lenin (1870–1924) in the 1917 ''Pravda'' article titled "The Dual Power" (''Двоевластие, Dvoyevlastiye''), referring to the coexistence of two Russian governments as a result of the February Revolution: the Soviets (workers' councils), particularly the Petrograd Soviet, and the Russian Provisional Government. Lenin saw this unstable power dynamic as an opportunity for revolutionaries to seize control. This notion has informed the strategies of subsequent communist-led revolutions elsewhere in the world, including the Chinese Communist Revolution led by Mao Zedong (1893–1976) after the Chinese Civil War (1927–1949) and in eastern Europe after World War II (1939–1945). While the term was initially associated with Bolshevik st ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Direct Democracy
Direct democracy or pure democracy is a form of democracy in which the Election#Electorate, electorate directly decides on policy initiatives, without legislator, elected representatives as proxies, as opposed to the representative democracy model which occurs in the majority of established democracies. The theory and practice of direct democracy and participation as its common characteristic constituted the core of the work of many theorists, philosophers, politicians, and social critics, among whom the most important are Jean-Jacques Rousseau, John Stuart Mill, and G. D. H. Cole, G.D.H. Cole. Overview In direct democracy the people decide on policies without any intermediary or representative, whereas in a representative democracy people vote for representatives who then enact policy initiatives. Depending on the particular system in use, direct democracy might entail passing executive decisions, the use of sortition, making laws, directly electing or dismissing officials, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Environmentalism
Environmentalism is a broad philosophy, ideology, and social movement about supporting life, habitats, and surroundings. While environmentalism focuses more on the environmental and nature-related aspects of green ideology and politics, ecologism combines the ideology of social ecology and environmentalism. ''Ecologism'' is more commonly used in continental European languages, while ''environmentalism'' is more commonly used in English but the words have slightly different connotations. Environmentalism advocates the preservation, restoration and improvement of the natural environment and critical earth system elements or processes such as the climate, and may be referred to as a movement to control pollution or protect plant and animal diversity. For this reason, concepts such as a land ethics, environmental ethics, biodiversity, ecology, and the biophilia hypothesis figure predominantly. The environmentalist movement encompasses various approaches to addressing envi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Disinvestment
Disinvestment refers to the use of a concerted economic boycott to pressure a government, industry, or company towards a change in policy, or in the case of governments, even regime change. The term was first used in the 1980s, most commonly in the United States, to refer to the use of a concerted economic boycott designed to pressure the government of South Africa into abolishing its apartheid regime. The term has also been applied to actions targeting Iran, Sudan, Northern Ireland, Myanmar, Israel, China and Russia. Examples Industries * Global Climate Coalition – Ford, General Motors, Texaco, Southern Company, Exxon, and other corporate members of the Global Climate Coalition – an industry group opposing the Kyoto Protocol – were the target of a national disinvestment campaign run by Ozone Action in 2000. According to ''The New York Times'', when Ford Motor Company left the coalition, it was "the latest sign of divisions within heavy industry over how to respond to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shareholder Value
Shareholder value is a business term, sometimes phrased as shareholder value maximization. The term expresses the idea that the primary goal for a business is to increase the wealth of its shareholders (owners) by paying dividends and/or causing the company's stock price to increase. It became a prominent idea during the 1980s and 1990s, along with the management principle value-based management or managing for value. Definition The term ''shareholder value'', sometimes abbreviated to ''SV'', can be used to refer to: * The market capitalization of a company; * The view that the primary goal for a company is to increase the wealth of its shareholders (owners) by paying dividends and/or causing the stock price to increase (i.e. the Friedman doctrine introduced in 1970); * The more specific concept that planned actions by management and the returns to shareholders should outperform certain bench-marks such as the cost of capital concept. In essence, the idea that shareholders' money ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Management
Management (or managing) is the administration of organizations, whether businesses, nonprofit organizations, or a Government agency, government bodies through business administration, Nonprofit studies, nonprofit management, or the political science sub-field of public administration respectively. It is the process of managing the resources of businesses, governments, and other organizations. Larger organizations generally have three Hierarchy, hierarchical levels of managers, organized in a pyramid structure: * Senior management roles include the board of directors and a chief executive officer (CEO) or a President (corporate title), president of an organization. They set the strategic goals and policy of the organization and make decisions on how the overall organization will operate. Senior managers are generally executive-level professionals who provide direction to middle management. Compare governance. * Middle management roles include branch managers, regional managers, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corporation
A corporation or body corporate is an individual or a group of people, such as an association or company, that has been authorized by the State (polity), state to act as a single entity (a legal entity recognized by private and public law as "born out of statute"; a legal person in a legal context) and recognized as such in Corporate law, law for certain purposes. Early incorporated entities were established by charter (i.e., by an ''ad hoc'' act granted by a monarch or passed by a parliament or legislature). Most jurisdictions now allow the creation of new corporations through List of company registers, registration. Corporations come in many different types but are usually divided by the law of the jurisdiction where they are chartered based on two aspects: whether they can issue share capital, stock, or whether they are formed to make a profit (accounting), profit. Depending on the number of owners, a corporation can be classified as ''aggregate'' (the subject of this articl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Equity (finance)
In finance, equity is an ownership interest in property that may be subject to debts or other liabilities. Equity is measured for accounting purposes by subtracting liabilities from the value of the assets owned. For example, if someone owns a car worth $24,000 and owes $10,000 on the loan used to buy the car, the difference of $14,000 is equity. Equity can apply to a single asset, such as a car or house, or to an entire business. A business that needs to start up or expand its operations can sell its equity in order to raise cash that does not have to be repaid on a set schedule. When liabilities attached to an asset exceed its value, the difference is called a deficit and the asset is informally said to be "underwater" or "upside-down". In government finance or other non-profit settings, equity is known as "net position" or "net assets". Origins The term "equity" describes this type of ownership in English because it was regulated through the system of equity law that devel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shareholder
A shareholder (in the United States often referred to as stockholder) of corporate stock refers to an individual or legal entity (such as another corporation, a body politic, a trust or partnership) that is registered by the corporation as the legal owner of shares of the share capital of a public or private corporation. Shareholders may be referred to as members of a corporation. A person or legal entity becomes a shareholder in a corporation when their name and other details are entered in the corporation's register of shareholders or members, and unless required by law the corporation is not required or permitted to enquire as to the beneficial ownership of the shares. A corporation generally cannot own shares of itself. The influence of shareholders on the business is determined by the shareholding percentage owned. Shareholders of corporations are legally separate from the corporation itself. They are generally not liable for the corporation's debts, and the shareholders ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
