Market Economy Critical Thinkings Samples For Students

Abstract

In the framework of the modern merge between philosophy and economic theory, two opposite theories of socio-economic development of human civilization are of specific interest. The first concept theory is Mill’s perception of the liberalism and its further contribution to formation of free market system. The second one is classical Marx’s theory of socialism, which should save humanity from social stratification and anarchy of the free market. In order to understand the correlation between those two concepts and realize what might be wrong about liberty, Mill’s work “On Liberty” will be analyzed from the perspective of ...

One of the things that can be observed in the evolution of the society through the years, is that it cannot be denied that its behavior has become more consumeristic than ever. Nowadays, people consume many different kinds of products, regardless of whether it is a necessity or just plain leisure. In these situations, the economic activities of a country can be classified into two categories, namely the command economy system or market economy system. In the command or “planned economy” system, the government holds control of all the factors used in production, and in answering the four economic ...

Global Investment Trends in Clean Energy

Once again the country is concerned with our reliance on an energy policy that depends on controlling resources in other countries. The Senate hearing of March 17, 2011 addressed national and international dynamics in clean energy. Clean energy refers to the use of renewable, nonpolluting (or less polluting the fossil fuels) sources of energy.

The hearing was held by the Committee on Energy and Natural Resources of the U.S. Senate. Senator Jeff Bingaman, New Mexico is the chair of the committee and presided at the hearing. The hearing was called to “Examine Current Global Investment Trends in Clean Energy ...