Download A Consumers' Republic: The Politics of Mass Consumption in by Lizabeth Cohen PDF

By Lizabeth Cohen

During this sign paintings of background, Bancroft Prize winner and Pulitzer Prize finalist Lizabeth Cohen exhibits how the pursuit of prosperity after international conflict II fueled our pervasive patron mentality and reworked American life.

Trumpeted as a method to advertise the final welfare, mass intake quick outgrew its financial pursuits and have become synonymous with patriotism, social equality, and the yankee Dream. fabric items got here to embrace the promise of the USA, and the ability of customers to buy every thing from vacuum cleaners to convertibles gave upward push to the ability of electorate to buy political effect and impact social swap. but regardless of indisputable successes and unheard of affluence, mass intake additionally fostered monetary inequality and the fracturing of society alongside gender, category, and racial traces. In charting the complicated legacy of our “Consumers’ Republic” Lizabeth Cohen has written a daring, encompassing, and profoundly influential ebook.

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The settlor is clear that the money is to be divided equally between Jacob and Frances; they are each to be given a half-share of the money and so will each receive the sum of £5,000. To give a further example of a fixed trust, the following would also come within this category: I give £10,000 to my trustees to hold for my children, Jacob and Frances. Despite the fact that there is no express stipulation as to how the money is to be divided, the trust will still be fixed. In the absence of a direction as to how the trustees are to divide the money, the equitable maxim ‘equity is equality’ will apply, and the money will be divided equally between the two children, as with the first example.

Danby (1856) 20 JP 709; 25 LJ Ch 424; 4 WR 399, pre-SCJA 1873 100, 117 Turner, Re, Barker v. Ivimey [1897] 1 Ch 536; 66 LJ Ch 282; 45 WR 495, Ch D 329, 334 Twinsectra Ltd v. Yardley [2002] UKHL 12; [2002] 2 AC 164; [2002] 2 All ER 377, HL 36, 107, 116, 118, 349, 360, 361 Tyler, Re, Tyler v. Tyler [1891] 3 Ch 252; 60 LJ Ch 686; [1891–4] All ER Rep Ext 1996, CA 102, 118 Ulrich v. Ulrich and Felton [1968] 1 All ER 67; [1968] 1 WLR 180; 19 P & CR 669, CA 162 Ungurian v. Lesnoff [1990] Ch 206; [1989] 3 WLR 840; [1990] FCR 719, Ch D 207, 235 Universal Thermosensors Ltd v.

So the trustee (Blake) is the person the settlor (Anniqa) trusts to look after the property for the benefit of Carys. The trustee is the legal owner of the property. It is worth noting here that there is usually more than one trustee appointed by the settlor for administrative reasons (for further explanation see Chapter 9 on the appointment and retirement of trustees). The person whom the property is to benefit, Carys in our scenario, is known as the ‘beneficiary’. The beneficiary holds the beneficial, or equitable, title to the property.

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