Essays on Capitalism

Middle-class squeeze

In this paperwork, I am going to handle the topic on middle-class squeeze and how it affects the economy, security, and the future of the United States-income inequality.
Income inequality has become a burning issue lately in the United States, whereby, experts are seeing it as a threat that holds back the economics of the United States. President Obama was heard on CNN referring to income inequality as the crucial issue of our era. The rising trend in income inequality over the past years has led to many Americans citizens losing their faith in some key aspects, such as Continue reading...

In the book, Urban Sprawl, Global warming, and the Empire of Capital, Gonzalez places all the faults on the Government and American business leaders. He says that they are responsible for the global climate change. He opposed all the efforts used in the account of global warming problem. The definition and explanation were based on transnational factors such as the greenhouse effect. The core researchers expounded and affirmed that global climatic change was due to economic transition and development. They also argued that it was due to enter border development of goods and services. Others argued the global climatic Continue reading...

How Can Workers Achieve a Balance between their Work and Social Life?

Structuration Theory
In the workplace, workers try to strike a balance between work and life. In the family context, life casts many demands upon the workers that force them to work harder and meet the demands. The credibility approach enables workers to weigh the importance between work and their social life. Workers weigh what is more important between socializing and generating revenue to meet the demands they have. Those who have pressing demands work for longer where as those who value their social time work for shorter periods.
The second approach is the rationalization approach. Workers prefer to use Continue reading...

Farid Esack is among the conspicuous Muslim liberators against apartheid in South Africa. His sermons are a call to action to all social groups. Farid uses the Quran instruction to guide the Muslim community on ethics and conduct. Farid is a South African Muslim that has extensive experience in the application of a progressive vision to the racial and social problems in the native country. The rejection of Muslims drives Esack to embrace other religious association and social groups in the county. The rise of Islam as a philosophy will transform the Muslim community begins with the Iranian revolution Continue reading...

Introduction

Creating a moral, economic system should be the ultimate goal of every society. A moral economy is one that is founded on the principles of justice, fairness and goodness. A moral, economic system ensures equitable allocation of resources that are scarce in nature and configures markets to ensure that they run in a fair manner. The results are to realize a stable economy that is free from exploitation, political insecurity and wars. A moral, economic system fosters peace and satisfaction among the citizens of a nation (SEA, Browne, &Milgram, 2009). It also creates a level ground for fair competition Continue reading...

Traditional narrative often paints Latin America as a defenseless victim of international lust for power. Latin America has habitually been thought of as a poor region full of merry people being always exploited by countless empires or armies of greedy people willing to sack their seemingly endless resources. The fact that this region full of hard working people and vast resources, is still one of the least developed areas in the world, might lead anyone to believe they are under a permanent spell cast by the great world powers, especially the United States, that condemn them to eternal poverty. Continue reading...

Does the Marxist perspective hold any significance for contemporary American society? Why?

The Marxist perspective views social change on the socio-political and economic aspects of philosophy as being a result of economic factors. The means of production is the central tenet that determines a nation’s political life. Marx viewed capitalism as a class structure that would soon come to be outdated following revolution (socialism) rather than modification and this ideology forms the foundation for communism. The answer to the above question is NO. This is because the ideology does not seem applicable on a national scale. Furthermore, capitalism is so embedded on American’s conscience that it would be difficult Continue reading...

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Globalization of corporations has affected the geography, people and the economic system. It is not surprising to understand that globalization has developed across borders to progress in trade; however globalization has not been beneficial for the people as the advantages of globalization are savored only by the corporations. The present approach of globalization has made people lose their national identity. The developed nations, for example, United States is considered to provide good living standards, and job opportunities Continue reading...

Cultural syncretism occurred in some societies, in the course of history. The introduction of new cultures in some societies would change the shape of the societies in a number of ways. Western Europe became the power house as it used to dominate the other countries and nations around the world. European domination in Africa and Americas was well received, and did not face the resistance met in India and China. The success of the Europeans in Africa and Americas could not be replicated in China and India.
In Africa and the America, there were various tribes with divergent views; Continue reading...

Abstract

This paper is on the topic of Vladimir Lenin has his impact on the Russian Revolution. The first section of this paper will cover the childhood of Lenin. The following section of this paper will discuss the role of Lenin in 1905 revolution and his exile. The next section will discuss his rise and impact on the Russian Revolution of 1917 and the role played by Lenin in the results of the Russian Revolution. The final section of this paper will discuss the changes made by Lenin after the Russian Revolution leading to the emergence of USSR.

Introduction and Childhood

Lenin was Continue reading...

Assignment 5

The Marxist theory of surplus value speaks against capitalism and all political ideologies that support a market economy. The theory suggests that, in a capitalist society, commodity prices are determined by the inputs employed in the manufacturing process of goods and services. A worker provides his services to produce a commodity for which the owners of the means of production earn revenue. They pay their workers a very small amount for their labor and keep the major chunk of the profits with themselves. Therefore, the laborers are exploited, and their efforts are not recognized the way they should be; Continue reading...

Introduction

The concept of globalization in today’s world is very wide. Globalization is defined as the process of an increased relationship between national economies through international trade, foreign direct investments by multinational firms, and international financial investments (Pugel, 2004). It therefore includes the broadening and speeding up of international interactions from economic, technology, cultural and political aspects of life.
The World Bank defines inequality as the disparity of income and standard of living among nations and their citizens (Birdsall, 2005). Inequality refers to the differences that exist among various groups of people in the society and should not be Continue reading...

Since the ancient times, it is visible that there is always a gap between societies that often divides them into two or more distinct groups. There are countries that have more political and economic capability than other countries, while there are countries that are better in social stability. In terms of people, they are mostly divided through their financial capability, educational attainment and upbringing, which would then determine as to whether or not they can keep up with the modern world. As far as technology is concerned, people are yet again divided over their capacity to know and afford Continue reading...

Hate crimes may be influenced by economic competition and even resentment towards a particular group rather than a generalization about a particular group of people. It is the case that hate crimes are a result of prejudice on the part of the offender against the victim of hate crime. In this paper, we argue that the economic strain and the concomitant resentment that may be felt towards certain minority group as the African-Americans in our case here are mostly based on false generalizations (Stewart). This is to mean that most of the reasons that attend the commission of this Continue reading...

The Cold war period can be described as the duration during there was political and military tension between USA and the Soviet Union. The war was between the Eastern bloc and the Western Bloc. The Eastern bloc primarily consisted of the Soviet Union, which included countries like Russia. The Western bloc, on the other hand, comprised of The United States of America and the National Alliance Treaty Organization (NATO). There are twenty-eight NATO member states, which include France, Italy, Canada, Germany, Bulgaria, Czech Republic, Greece, Hungary, Portugal and Spain, just to mention a few(Kerkendall, 2010, p. 34). It Continue reading...

Who are the minority groups and what are the challenges have they been facing currently? Why blacks do commits the highest homicide or crime rate, and even kill among themselves despite the abolishment of slavery and segregation systems? These are some of the questions that I am going to handle in this paper. It is a fact that the minority groups in the past have gone through hard times of their life, whereby they were discriminated by the majority and the elite whites. Some were even killed by whites. But at present, blacks continue to indicate the highest rates Continue reading...

Overview of the book

Yunus, Muhammad, and Karl Weber. Building Social Business: The New Kind of Capitalism That Serves Humanity's Most Pressing Needs. New York: Public Affairs, 2010. Print.
The book was authored by Muhammad Yunus. Yunus is the founder of the Grameen Bank, which is a microcredit institution. Through his economic policies, Yunus made an immense contribution to the fight against poverty and through his economic paradigm; he manages to espouse an economic model that places humanity at the heart of polling resource together for positive potential. His efforts in the promotion of social business enabled him to win the 2006 Nobel Continue reading...

Chuck Palahniuk’s debut novel Fight Club is one of the most well-known and incendiary novels about the postmodern male, describing a frenetic journey by the book’s unnamed narrator to reclaim his manhood. Over the course of the novel, the narrator pairs up with charismatic id figure Tyler Durden to achieve catharsis and reinvigorating his life through unlicensed ‘fight clubs’ in which characters can beat each other senseless in order to feel alive. The depictions of violence in the novel are gruesome and immediate, showing both their appeal to the characters and the underlying weaknesses in their ideology. Continue reading...

How Did Religion Influence Early U.S. History
A value of knowing the origin of nations helps to understand their social orders and laws. America is the only nation in which the starting point of a great person has been vividly observed. This is so because the growth of nations bears some marks of their origin. The situations that followed their birth and contributed to their development affect the nation. On evaluating the elements of state and the oldest monuments of American history, one can discover the prejudices, the habits and the ruling, which constitute the national character. This explains Continue reading...

Hate crimes may be influenced by economic competition and even resentment towards a particular group rather than a generalization about a particular group of people. It is the case that hate crimes are a result of prejudice on the part of the offender against the victim of hate crime. In this paper, we argue that the economic strain and the concomitant resentment that may be felt towards certain minority group as the African-Americans in our case here are mostly based on false generalizations (Stewart). This is to mean that most of the reasons that attend the commission of this Continue reading...

Arthur Mills is a famous author who has capability to attract the peculiar feelings of the every reader who enjoys reading books and wish to feel author’s illustration power. The play Death of a Salesman written by Arthur Miller in the Aristotelian sense is a classic tragedy. It brings empty capitalism’s promises, the American dreams materialistic version and a sense of capitalism critique. It is a tragic play written by Arthur Miller. It is commonly known as the first tragedy of Modern American society. It is based on the foundations, values and moral principles of the American Continue reading...

A discussion with reference to Gordon Gekko’s “Greed Is Good” speech from the 1987 hollywood flick-Wall Street

The oft misquoted, misunderstood and misjudged “GreedIs Good” speech by Gordon Gekko, played by Michael Douglas in the 1987 hollywood movie, Wall Street, produced a gargantuan stir in “that malfunctioning corporation called the USA.” The speech came in at a time when America was traversing a road of sweeping socio-economic changes, trade scandals and prosecutions were daily scoops for news and the real world stock market suffered a setback. As such it was impossible to ignore the repercussions of the powerfully-writ dialogue stuffed into the mouth of Gekko (with its obvious pun), the half-brother of a Machiavelli perhaps. The Continue reading...

Literature

Dana, a modern black woman, was celebrating her twenty-sixth birthday with Kevin, her husband, when she was snatched abruptly from her home in Altadena, Los Angeles, California and transported to the antebellum South. Rufus, a young white boy, was drowning, and Dana jumped into the lake and rescued him. It was as though Dana had been summoned to rescue the boy. Dana was repeatedly drawn back to the early nineteenth century, to the slave quarters, where her stay grew longer and longer with each transit. Each visit grew longer, more arduous and equally dangerous for her. This continued, until, Continue reading...

In economics, capitalism and socialism are opposing trains of thought that many either misunderstand or sometimes confuse. It can be difficult, with the different economic and political structures, to understand them or differentiate between each one. In the center of the argument about capitalism and socialism is the role of government and economic equality. For example, socialists believe economic equality is bad while socialism is based on a free market. There are also many differences in the systems that naysayers have described as shortcomings.
Joseph A. Schumpeter’s book, “Capitalism, Socialism, and Democracy” reveals many shortcomings in both political Continue reading...

Introduction

Market capitalism refers to a market in which things like distribution, investment, and production are influenced by demand and supply forces. As such, the prices of both services and goods can be established in an economy with a price system that is free. Alternatively, it can be defined as an economic system where the industry and the country’s trade are controlled by the private sector without any sort of interference from the state. On the other hand, market socialism is one where methods of production and other economic activities are socially owned or publicly owned such as cooperatives. Continue reading...

Abstract

This movie Norma Rae is established on the genuine life of Crystal Lee Sutton as well as her connection with Ruben Warshowsky plus the association of the textile employees at the J.P. Stevens Company North Carolina. Sally Field takes the lead role and is seen combating poor working circumstances at O. P. Henley Company. This corporation is a southern fabric mill, functioning with a union manager to conquer the force from management, indirect dangers, in addition to the fight back to arrange her co-workers. Even though, the movie is very enjoyable, there are lots of instances of labor as Continue reading...

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Capitalism vs. Socialism
Capitalism and socialism are the two most widely used economic systems in the world. Capitalism is based on private ownership and enables individual accumulation of wealth, while Socialism is based on collective ownership and wealth distribution. Even though socialism offer some benefits such as, less disparity between the rich and the deprived, and wealth and progress of a nation is shared among the citizens, on comparing both the ideologies capitalism emerges as the most preferable way of governance.
Winston Churchill once famous said, “The inherent virtue of socialism is the equal sharing of miseries." His Continue reading...

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The theory of Functionalism vs. Class conflict theories of Education: An Introduction
There is a great ongoing debate over the education system in the USA. With the increasing role of the charter schools’ role in the education field, it becomes vital to have good analysis about how successful they are educating the students. As a result of ongoing progress in the contemporary student achievement test and data, it is now possible to analyze student learning in charter schools in comparison to the traditional public schools the students would otherwise have attended.
Continue reading...

Milton Friedman was a renowned American economist, writer and statistician who was awarded the 1976 Nobel Prize in Economics sciences for his exemplary efforts in research on consumption analysis, complexity of stabilisation policy, and the economics of monetary history and theory. He was born in 1921 to Jewish immigrants. Friedman earned his B.A degree at the Rutgers University at the age of twenty; he later did his M.A in the University of Chicago and completed his Ph.D. from the Columbia University in the year 1946. Apart from being a lead researcher in the field of free market economics, Milton Continue reading...

[Nam of Professor]
Communism refers to an economic ideology that advocates equality of economic resources through elimination of private property. According to Karl Marx, famously known as the father of communism, injustice and suffering have sprouted as a result of capitalism. Under capitalism, the ‘means of production’ such as factories, equipment, etc are privately owned by individuals and corporations. The owners of such property then take advantage of the working class who sell their labor to earn wages. Therefore, as per the communist ideals, a new society must be established, one that is classless and does not involve ownership Continue reading...

In the midst of a globalized world, it becomes vital to appreciate the varying types of economies carried by different nations and cultures. When examining the effects and attributes of capitalism as a whole, it is necessary to understand that not all capitalisms are created equal. Two basic types of capitalism exist: liberal market economies (LME) and coordinated market economies (CME) (Hall and Soskice 2001, p. 8). However, within these two major groupings there are many different types of capitalism, which all have their differences that make their particular brand of society unique. There are several major forms of Continue reading...

Introduction

This paper evaluates the concepts characterizing global society. Global society has been conceptualized in different, but also competing measures. In the first section, the definition of global society is evaluated. Two definitions of global society (Immanuel Wallerstein’s and Gidden’s) are evaluated in the first part. This section also illuminates how these definitions have shaped my understanding oft the term global society. The second part discusses the concept of transformation and its relevance to global society.

Question Two

Globalization and the global society have been defined differently by various authors. For instance Immanuel Wallerstein conceptualizes the world in terms of Continue reading...

In the article, ‘'The making and unmaking of the third world'', By Arturo Escobar, the aspects of modernity in relation to anthropology and development are well analyzed. The author states that the economic progress is associated with a lot of painful experiences. The issues relating to regional economic imbalances in the U.S are well elaborated by the author in this article. The dangers of food insecurity were given close analysis and consideration. The aspects of production are of the essence in the facilitating smooth flow of the economy of a nation. The use of modern technological and scientific knowledge Continue reading...

Business Ethics Antitrust Law

Business Ethics Antitrust Law

Introduction

The antitrust laws aim at ensuring that all businesses in a given market play by the same rules. This is so because businesses in a free market may achieve the near-monopoly status via their own merits such as creating better production processes, offering the best quality service and decreasing costs among others. However, antitrust laws set vivid boundaries for fairness in the business by prohibiting practices that control free trading. It also restrains dominant firms from abusing their market position. The antitrust laws offer regulatory review of business mergers, acquisitions and joint ventures to ensure Continue reading...

In the light of the high capitalist failures in most countries, I would like to live in the Socialist country. This is so because socialism has proven to be the only viable solution to the fundamental crisis confronting humanity, such as income inequality, lack of education, gender inequality and poor living standards among others. Most people think that socialism is necessarily inferior to capitalism, but there is no clear evidence that the socialist countries performed worse than the capitalist countries based on economic growth. However, there is evidence that the socialist countries met the population’s basic needs better Continue reading...

Essay

American Civil War (1861 - 1865 years) - war between the abolitionist states of the North and the eleven slaveholding states of the South. It was the inevitable consequence of the contradictions between the two social systems in the country. The basis of these conflicts was the issue of slavery, which entirely determined the economic and political interests of the planters.

American Civil War and its causes

Before the Civil War the planters had unlimited power over their slaves. The latter, in turn, were forced to live in the most brutal and unacceptable conditions. Because of this attitude the slaves often died from exhaustion, starvation Continue reading...

Introduction

Capitalism refers to a form of political and economic system where country's trade and industry is manned by the private sector, rather the government. Every society is characterized by an uneven distribution of wealth and income. The speculated thoughts help a small percentage of the people in the society to gain control over the majority in the country. Therefore, the minority must, be able to find ways in which they sustain their status quo within the society. The majority group uses myriad ways to battle and be at the top of the prestige minority class. For instance, they convince Continue reading...

American Women

Human health is a universal phenomenon that affects the body, without which we may not live. However, culture has a special imprint on the way we take care of our organism, and this influence is difficult to counter. Even though it is a condition that affects all of us, different civilizations imply different treatments of the body, which must be taken into account at the time of comparing health conditions. Many aspects must be taken into account, including possibilities of exercising and the tendency of the culture to lead people towards this aim. In my case, because I am Continue reading...

China's unbelievably rapid segue into modernization is producing an effect seen in other parts of the world, perhaps very close to home: that of destroying history to encourage progress. Capitalism looms ominously overhead; as it enables China's advancement, it also seems to come with a terrible price to the peoples' soul.
Historical architecture is being eradicated wholesale, but not only is it becoming steadily stamped out; it is being altered to remove entire swathes of Beijing's vibrant past. This isn't a new thing, of course. During the population expansion of the 50s and 60s, an ancient stone bulwark encircling Continue reading...

Term Paper of Introduction to International Relations Theory

This term paper is going to deal with the concept of globalization and inequality. The terms ‘globalization’ and ‘inequality’ are going to be well defined and their minor relation identified. After that, the relation of the two terms with capitalism in the liberation theory is going to be well examined.
Globalization as a concept in today’s world is very wide. Technology has made the world a global village whereby everybody can connect with each other no matter where they are (Haugen 33). Thus, it is of great importance to establish whether it promotes inequality in terms of age, Continue reading...