Capitalism

What is capitalism? Suppose you have one million, you can set up a factory, the ownership of the factory and income generated is yours. Of course, if you want you can sell your plant for stock or real estate. You have the right to dispose of your property, and more importantly, you have the right […]

Critique of Ian Bremmer’s ‘State Capitalism Comes of Age’, 88(3), in Foreign Affairs, 88(3), MayJune 2009. The assignment I am working on for Contemporary Research in Management module is very interesting. It is a critique, so something different than normal essey or report. A critique is a paper that gives a critical assessment of a […]

Difference Between Socialism and Liberalism • Categorized under Ideology,Politics | Difference Between Socialism and Liberalism Socialism vs Liberalism The terms ‘socialism’ and liberalism’ are used a lot nowadays, and many people often mistake one for the other. In order to differentiate between these two terms, one must keep in mind the clear-cut differences by defining […]

The political system and the economic system of the United States have been intertwined since the very founding of our country. Although there are many different views on how well the systems work or how they function, this has been a common thought shared by all different sides. Some have an optimistic view of capitalism, […]

Capitalism promotes greed and selfishness In capitalism country, not everybody does things with the purpose related profit. Many people also do something or help somebody because of kindness, but for the most major companies or governments in the Capitalism country, they run with the profit purpose. In this kind of operational system, people tend to […]