Capitalism vs. Democracy
Curing Neoliberalism with Democracy
Pope Francis, never one to shy away from controversy, attacked contemporary forms of capitalism as not only exclusionary, but also deadly (Downie). To support his claim, Francis notes that the news media regularly report a meaningless one or two percent change in the Dow Industrials, but the death of a homeless person goes unnoticed; or that daily tons of food is thrown into the trash while millions starve. Although some liberty was taking in the paraphrasing of Francis' words, the point is the same; i.e., capitalism today, as it is being practiced, rewards the ruthless and powerful and marginalizes the rest. According to the author of the Washington Post article about Pope Francis' stinging criticism of neoliberalism, James Downie, what separates Pope Francis from earlier papal proclamations of capitalist evils is that Francis talks specifics, such as the destructiveness of trickle-down economics and the market economy. The main tenet of trickle-down theory, according to Downie, is that economic growth through a free market economy will eventually increase social justice and inclusion (para. 4). In addition, neoliberal proponents argue that the nation state should step aside and let the open markets determine our economic fates.
Thomas Pikatty explained in his book Capital in the Twenty-First Century that historically, economic and social inequality and exclusion have always dominated, at least up to the end of World War II (241). During the 18th and 19th centuries, Western...
Inherited wealth was everything, since the amount of income that could be expected from labor alone, regardless of the profession, relegated laborers to a life of struggle near the edge of poverty. Increasing one's social status, therefore, could only be accomplished by acquiring a large dowry through marriage or inheriting a fortune. The moral implications of such a system, according to Pikatty, are the lack of economically meaningful work incentives. Instead, ruthlessness would seem to be the best attribute to have.
After the end of World War II there was an apparent growth in egalitarian values in Western nations as the social value of inherited wealth declined and the best pathway to economic health was academic and career success (Pikatty 241). Although Pikatty admits to the reemergence of inequality concerns in recent years, he argues that the same values and work ethics that emerged after the war are still intact today. For example, would it be a familiar refrain that the best way to ensure economic security is through a large dowry or inheritance, rather than pursuing a law or medical degree? Not yet, anyway. The most likely sources of contemporary economic inequality is a decline in the demand for skilled laborers, a faltering educational system, and government policies influencing the…
Proponent of Slavery As a Southerner, I believe I know and understand the peculiar institution better than any Northerner ever can. We live and breathe our way of life. The Yankee only presumes to know what is best for us in a way some might call arrogant. While the Northerner looks down upon us from the ivory towers of New England, the Southerner works hard in the fields, training and
individual is a product of society, rather than its cause.' Discuss. The relationship between the individual and the society are recurrent themes and profoundly linked concepts in the fields of anthropology and sociology. While the individual is defined as a human being who is considered isolated from and separate from the broader community, the society is thought of as the aggregate of these individuals or a more holistic structure that
Masculinity 'Take a look at the kids' section of your local video store," Katha Pollitt writes. "You'll find that features starring boys, and usually aimed at them, account for 9 out of 10 offerings," (299). Pollitt deplores not only the quantity of children's entertainment devoted to females and to female heroines; the author also suggests that the qualitative implications of this mostly unacknowledged bias "deforms both boys and girls," (300). Pollitt
If one were to argue that both should have the opportunity to engage in their hobby, the question becomes how one deals with the fact that money allocated to the fisherman would leave that person with a glut as compared to how the photographer would have to spend their allocation. If the photography cost $100 and the fishing cost $20, both would have to be given $100 to allocate
Social Networks on Society Social networks are changing the fabric of society by changing the patterns, depth and intensity of communication and collaboration happening globally today. The torrent of information, ideas, opinions and thoughts that social networks have unleashed will continually re-order the global economic, socio-political and technological dimensions of society. At the center of the effects of social networks on society is the voice it has given the common
popularized social and cultural trends are merging, intentionally or not, toward laying the foundation for generating a new narrative about what it means to learn across a lifespan in an environment conducive to healthy living. It seeks to examine the coalescing of what is called lifelong learning side-by-side with the theories and practices related to the evolution of ecological thinking and environmental awareness. The idea that life can be