Category: Capitalism

Populism is a term used to describe political movements or parties that have anti-establishment leanings and run on a quasi-tribalistic platform that presents a binary worldview of the “the good and morally pure people [against] the corrupt, self-serving elite (Brett, 2013) and populism exists in both right- and left-wing politics. Despite this, I will primarily…

Capitalism is described as an economic and political system in which a countrys a trade and industry are controlled by private owners for profit, rather than by the state. This form of government was dominant in the west and took off after the fall of feudalism, which was wiped out by the French Revolution and…

The Cold War A hot war has physical fighting. In a cold war, there is not. The Cold War refers to the time after WW2 when there were tensions between the USA and its allies and the USSR and their allies. USA Capitalism vs USSR Communism The Soviet Union and the USA had different ideologies…

This short paper will focus on the studies and the beliefs that intellectuals such as Max Weber and John Maynard Keynes devoted their lives to. Theorists and sociologists alike have played a very important part of our everyday modern lives. There works and achievements have allowed us as a civilization to effectively understand how to…

The aim of this assessment will be to focus on evaluating how the capitalist economic system has impacted the living standards, and whether it has delivered a widespread improvement. Since a capitalist economic system is frequently referred to a system which discusses private property, markets and firms, as well as explaining how a countrys industries…

Immigrants flock to America in search of the American dream; a dream that promises success to everybody who works hard and makes an effort to succeed. In the novel ‘The Jungle’ Upton Sinclair illustrates that capitalism is flawed as it leads to corruption, exploitation, and power in the hands of the rich. Corruption, ‘dishonest or…

Charles Dickens (1812-1870) was an eminent writer, journalist and social critic of Victorian era. He was brought up by middle class family in destitute poverty during British industrial revolution. These things had everlasting impact upon his memory. He is one of the literary canons who wrote a magnanimous amount of literature on varied topics. He…

As a wise person once said, shopping is cheaper than a therapist. Is that statement actually truthful though? Every year thousands, maybe even millions, of Americans fall into the dangerous cycle of materialism due to loneliness. Buying unnecessary and trivial products hoping that they will make their life just a little bit better. Later on,…

According to Adam Smiths Theory Wealth of Nations, ideology is the exact same in I believe. He stated Rational self-interest in a free market economy leads to economic well-being In other words, there was little to no government involvement and we as individuals were given the opportunity to have a free market so we can…

There is an ongoing debate about the two economic systems namely, Socialism and Capitalism. The main difference between these two is the ownership of the assets. In Capitalism, assets are owned by private companies, while in Socialism they’re owned by the government (Pettinger, 2017). According to Tejvan Pettinger (2017), capitalist societies’ income depends on the…