These accounts, though still rare, link a savings account to a certificate of deposit, checking account or even debit card. The lure is greater access to your savings or higher interest rates -- sometimes more than 6 percent. Like many linked savings accounts, there are restrictions and caveats that sometimes can be complicated -- but lucrative, experts say.
As so often, some of the sharpest political insights come not from the sage columnists of our upmarket papers but from comedy writers. They have noticed â and exploited â some of the social class cross-currents that conventional analysis has tended to overlook. Fifty years ago, things were so much simpler. The working classes voted Labour while the middle classes voted Conservative. In 1967 Peter Pulzer, a distinguished political scientist, wrote: âClass in the basis of British politics. All else is embellishment and detail.â He had good reason to say this. Labour had won the general election a year earlier by winning more than 60% of working class votes.
This is not the same as using the concept as a tool to define a particular social formation. That is the next step. * * *. To define a social formation is, in fact, to define a theory and political line of the working class.It is for the objective of developing a strategic political line and a tactical political line (which will be constantly rectified) of the working class, for the sole purpose of winning political power.ocial Formation (Definition of Concept). This entry was posted in Social Formations & Conjuncture on April 16, 2013. A social formation refers to a society (a social structure at any level such as a nation, city, business, university, or even a family) with all its complexities, as it is historically constituted.