Capitalism Essays (Examples)

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Arguing for Egalitarian Societies

Words: 993 Length: 3 Pages Document Type: Essay Paper #: 81266852

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 ashington 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…… [Read More]

Works Cited

Downie, James. "Pope Francis's Stinging Critique of Capitalism." Washington Post 26 November 2013. Web. 26 Feb. 2015.

Muller-Doohm, Stefan. "Nation State, Capitalism, Democracy: Philosophical and Political Motives in the Thought of Jurgen Habermas." Trans. Stefan Bird-Pollan. European Journal of Social Theory 13.4 (2010): 443-57. Print.

Piketty, Thomas. Capital in the Twenty-First Century. Trans. Arthur Goldhammer. Cambridge, MA: Belknap Press, 2014. Print.
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Marxism and the Four Types of Alienation

Words: 1104 Length: 3 Pages Document Type: Essay Paper #: 25767428

Capitalism creates alienation, claimed Marx more than a century ago. Since then, Marx's sociological theories have led to remarkable changes in the ways people think about labor, social hierarchies, and systems of power in social institutions. There is nowhere better to think critically about Marx's theories than through the lens of someone who works as a wage laborer for a capitalist enterprise: in my case, literally the Enterprise ent-A-Car company. My work at Enterprise has been fruitful and rewarding in some ways, but mainly I need the job in order to pay the bills. The work is not deeply fulfilling on any level. Therefore, I can easily see how a person who views this job as their career might become alienated from themselves on a psychological level, by failing to fulfill deeper desires and dreams. Marx did not care as much about humanistic hierarchies of needs as he did for…… [Read More]

References

Calhoun, C., et al. (2012). Classical Sociological Theory. Malden, MA: Walden-Blackwell.

Felluga, D. (n.d.). Terms used by Marxism. Retrieved online: https://www.cla.purdue.edu/english/theory/marxism/terms/termsmainframe.html

Ollman, B. (n.d.). Man's relation to his species. Chapter 22 in Alienation: Marx's Conception of Man in Capitalist Society. Retrieved online: http://www.nyu.edu/projects/ollman/docs/a_ch22.php
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Economics and Its Impact on Business

Words: 1951 Length: 8 Pages Document Type: Essay Paper #: 70803157

Capitalism is predicated on the principles of "Creative Destruction" where the loss of one item or industry, leads to the creation of another more beneficial product or industry. This principle has both destroyed and given rise to numerous industries throughout the world. For example, in the early 1900's, farming gave way to the industrialization of American made goods. Producers went from the farm lands to the assembly line of manufacturers. Entire industries, including the automobile, rail; oil and gas industries were born and created. Today, we are seeing a shift from producing tangible products to producing intangible services and technology. Industries often change for the better. The low-calorie frozen, microwavable food industry is no different in this regard. Shifts and changes in consumer preferences and industry dynamics necessitate a shift within the overall industry. In assignment 1, the industry was predicated on perfect competition with price competition and products that…… [Read More]

References:

1) Bradley R. chiller, "Essentials of Economics," New York: McGraw-Hill, Inc., 1991.

2) Chia-Hui Chen, course materials for 14.01 Principles of Microeconomics, Fall 2007. MIT OpenCourseWare (http://ocw.mit.edu), Massachusetts Institute of Technology. Downloaded on [12 Sept 2009]

3) Sullivan, Arthur; Steven M. Sheffrin (2003j). Economics: Principles in action. Upper Saddle River, New Jersey 07458: Pearson Prentice Hall. p. 111. ISBN 0-13-063085-3.

4) Silberberg & Suen, The Structure of Economics, A Mathematical Analysis 3rd ed. (McGraw-Hill 2001) at 181
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Bell Daniel The Cultural Contradictions

Words: 1495 Length: 5 Pages Document Type: Essay Paper #: 90639883

Mass production and mass advertising "by the creation of new wants and new means of gratifying those wants" renders individuals complacent and dependent upon 'the system' of production and they are made to feel that their purchase of the next new prefabricated product is a radical act of individualism (34).

The "official, ceaseless searching for a new sensibility" that is at the heart of the restless spirit of modernism, commercials counsel us, can now be treated by buying the latest device (34). Bell envisions a future where inflation, bigger government, and a sense of entitlement produced by the capitalist emphasis on gratification, will only lead to more and more unhappiness and more and more consumption and more dependence upon faceless entities.

It is hard to read Bell's words and not wonder how modern, global capitalism relates to his thesis. The Internet has been a boon to marketers, and seems on…… [Read More]

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Adam Smith's the Wealth of Nations

Words: 1001 Length: 3 Pages Document Type: Essay Paper #: 64465704

ADAM SMITH'S FEE MAKET CAPITALISM

Adam Smith's upheld the concept of free market capitalism at a time when the world did not trade in such complex environment. Each state was economically independent of the other. In saying that market capitalism could remain unregulated stem from the fact that at the time governments were too keen on taxing its nations. During the Gold system, a nation depended on the free flow of coinage to be able to trade. A stoppage in the free flow would mean there is hindrance to trade and hence a slump in the economy. On the adverse side if government provides free flow of the coinage system even to "foreigner" then it would mean to cut down barriers to trade and allow foreigners to trade freely with the local market thereby increasing competition to the level that local market would become suffocated. His rationale for this was…… [Read More]

References

Wood, Ellen Meiksins. Unhappy families: global capitalism in a world of nation-states. Monthly Review July-August, 1999

Hodgson, Geoffrey M., Varieties of capitalism from the perspectives of Veblen and Marx.. Vol. 29, Journal of Economic Issues, 06-01-1995, pp 575(10).

UCHITELLE, LOUIS In Reality, a Model Of Flexibility Adjustments Made by Keynes What if Spenders Don't Spend? February 21, 1998
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Free Will Agency Free Will and

Words: 2211 Length: 7 Pages Document Type: Essay Paper #: 6589128

Evaluating how a free market economy views human agency and free will, it is then seen that human beings in this kind of set-up are interpreted as rational human beings with the same capacities, abilities, and resources for competition in an invisible hand economy. ather than the government, the majority of decisions on economic activities and transactions are then assumed by individual key players in the market (http://en.wikipedia.org/wiki/Free_market).

Comparison of Marxism and Free Market Capitalism and their views on Free Will or Human Agency

The Marxist conception of free will and human agency initially looks at human beings as alienated people because of capitalism. Their existence, identities, and consequent opportunities are then dependent on the social classes they are in. From this point, it can be said that Marx does not ascribe too much on the role of human beings to act out of their own accord. Yet in the…… [Read More]

References List

Alienation" 2006. [online] http://www2.pfeiffer.edu/~lridener/DSS/Marx/MARXW3.htmL

Free Market" 2006. [online] http://en.wikipedia.org/wiki/Free_market

Human Agency." 2006. [online] http://en.wikipedia.org/wiki/Human_agency

Marx's Theory of Social Class and Class Structure." 1999. [online]  http://uregina.ca/~gingrich/s28f99.htm
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Positive Moral Basis for Capitalist Society

Words: 1891 Length: 7 Pages Document Type: Essay Paper #: 78168664

Moral Basis of Capitalism

Positive Moral Basis for Capitalist Society

The theory of property right is probably society's turning point towards capitalism. Locke's theory on civil society and government is centered around individuals' natural right to property. In the Second Treatise, the author's justification of individuals uniting into developing governments, societies, is represented by their intention of preserving property. In Locke's view, it is the preservation of property that draws the limits, rights and obligations of governments and civil society. The issue here is Locke's definition of property. The interesting point is that Locke seems to differently categorize property within the Second Treatise. For example, property in Locke's view is individual's life, liberty and estate in some parts of the writing, while in other parts property is represented by persons and goods. Although specialists in the field have found this view on property as confusing, I think it should not…… [Read More]

Reference list:

1. John Locke (2012). Stanford Encyclopedia of Philosophy. Retrieved November 10, 2013 from  http://plato.stanford.edu/entries/locke/ .