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The U.S.experience with tax cuts and tax increases since 1975 suggests that
Proletariat
Refers to the class of wage-earners in a capitalist society whose only significant material value is their labour-power.
Substantive Rationality
Involves assessing actions based on a broader set of values and outcomes, rather than just efficiency or logical reasoning.
Value System
A set of consistent values and measures that guide the behavior and beliefs of an individual or group.
Theoretical Rationality
A concept in philosophy and rationality studies that concerns the systematic and principled organization of knowledge and actions according to logical, methodical, and coherent principles.
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