Capitalism Versus Communism - 1257 Words

Some may argue that capitalism is a cruel economic system that has been known for the corruption, exploitation of poor people and where greed overcomes anything good. However, the majority will agree that capitalist system is best system in the world of economics. It drives people to do better, as the certain amount of effort will bring the same level of result. There are examples in the history where individual’s wealth was affected by the corporate greed, but with the government regulations history will not repeat itself the same way. Capitalism is all about choices and these choices are made based on the amount of economic benefit we receive at the end of the trade. The connection between the right to own property and the individual†¦show more content†¦However, sometimes the outcome may differ dramatically from the government expectations and government finds itself more involved regulating more than it needs too, or one industry receives more benefits than another. Certain business groups appeal to government for preferential treatment and increased profitability, or calling for government for certain action that will benefit these business groups. The government role in free markets should be limited, with main responsibility to protect the people. The legislative part of the government should represent people’s concerns and needs versus making decisions for the people and plan people’s future. The government and its representatives should not be allowed to impose their goals, dreams and vision over society as it is against our individual liberty (Ebeling p.607). In the free market system all the businesses operate to attract the customer as it is customer’s choice where to shop and who’s product to buy. As soon as business and its products do not appeal to the customer, the business may come to the end of its existence. There are other reasons for financial problems for big and small businesses alike. The financial downturn; it affects consumers and businesses. Perhaps the business could sustain the competition or could not appeal to the consumer, the natural business process should take place and the strongest companies will survive. Government shouldShow MoreRelatedEssay about A Comparison of Communism versus Capitalism694 Words   |  3 PagesA Comparison of Communism versus Capitalism Communism versus Capitalism is a debate that has raged on for over two centuries. Whether to allow everyone equal opportunities and to do with those opportunities as they please or to mandate class equality in order to keep peace has in itself been the cause of wars. Karl Marx and Friedrich Engels saw the working class of the world--the proletariat--being squashed by the greedy business owners--the bourgeoisie. In their view, the bourgeoisie ownedRead MoreDarwin’s Theory of Natural Selection and Social Darwinism Essay811 Words   |  4 PagesSpencer. 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The Time Traveller notes that all of the people that live above the ground, called Eloi, all live and sleep together in one large building, and he immediately calls this â€Å"Communism.† (Wells, 46) He also notes this becauseRead Moreâ€Å"Young and Restless in China† Essay1081 Words   |  5 Pagesbusiness and money making knowledge with them, and in turn, interrupting old Chinese traditions, set by young Chinese’s parents and grandparents. China in the 1980’s was simply happy with what money they had, versus striving to make as much money as humanly possible. The Equivalent to monetary value used to be what was referred to as â€Å"rashing tickets† To purchase everyday items such as oil. Now, Chinese are particularlyRead MoreCommunism And The Soviet Union Essay1672 Words   |  7 Pagesother hand, United States and allies were for capitalism and were determined to spread it as far as possible. They detest socialism and communism because it was against building of business empires by individuals. Building of commercial empires on exploitation of resources of other countries by private companies was the very foundation on which capitalism stood. You now see the conflict-private interests of capitalism versus state interests of communism. Therefore, since 1945, when the World War IIRead MoreKarl Marx And The Great Philosopher Essay988 Words   |  4 Pagesthe sense that Marxian economics believes in the what is likely to be versus what ought to be. It has a different look on fraternity and justice. Overall, the Marxian school of thought traces its basis to focusing on labor and its role in the economy, development. It is highly critical of Adam Smith’s classical approach on wages and productivity. The main ideas of Karl Marx are class struggle, labor theory of value, communism, and alienation. Marx is considered one of the most influential thinkersRead MoreSmith vs. Marx - a Comparison Essay1247 Words   |  5 PagesSmith versus Marx Ââ€" A Comparison S. Glen Balanoff July 04, 2004 Smith versus Marx Ââ€" A Comparison Modern economic society can be described as a combination of certain points from several theories combined into one. Changing dynamics and economic needs of nations has spawned a development of various, and contrasting, economic systems throughout the world. Perhaps the two most contrasting philosophies seen in existence today are that of capitalism and communism. The two philosophers most notablyRead MoreGovernments of the World Essay1271 Words   |  6 Pagesrevolution. In the modern world, there are two dominant forms of government and two equally important socio-economic policies. The two dominant forms of government are democracy and authoritarianism. The two socio-economic policies are capitalism and communism. 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As freedom reflects back to capitalism, people within their respective class who obtain money are the individuals who whole heartedly enjoy real freedom. However, is it really considered freedom if there are restrictions attached to one’s freedom? The simplest things such as the production and distribution of goods and services or even the supply of new technological

Enduring Vision Study Guide Essay - 3112 Words

Name: ____________________ Date: ____________________ Enduring Vision Ch 1 2 Use your knowledge of U.S. History to answer the following questions. Put your answer on the answer sheet. Save the answer sheet as your name, type your name on it, and email to me in 1 week. ____ 1. Which of the following is not one of the theories about how America was originally settled? 1-3 |a. |Siberian hunters crossed from Asia to North American during the last ice age. | |b. |Europeans sailed across the Atlantic in leather boats during the pre-Christian era. | |c. |Hunters from Asia dispersed themselves over much of North America.†¦show more content†¦|They developed a society organized around kinship ties and communal support. | ____ 7. What advances did the Maya make? 4-8 |a. |They developed a calendar. | |b. |They used a numerical system that included a zero. | |c. |They utilized a system of writing. | |d. |All of these choices | |e. |None of these choices | ____ 8. Who were the Pochteca? 4-8 |a. |They were traders in the Aztec empire who traveled from village to village in armed caravans. | |b. |They were merchants in the Olmec empire who facilitated the trade of gold and silver. | |c. |They were warriors in the Maya empire who were responsible for the defense of the kingdom. | |d. |They were religious leaders in the Inca empire who provided spiritual guidance to the people. | |e. |They were farmers inShow MoreRelatedBusiness Planning For Enduring Social Impact : A Social Entrepreneurial Approach1000 Words   |  4 PagesBusiness Planning for Enduring Social Impact: A Social-Entrepreneurial Approach To Solving Social Problem A Book Report by Vergel John De Vera Amistad Introduction The book is entitled Business Planning for Enduring Social Impact: A Social-Entrepreneurial Approach to Solving Social Problem and is authored by the two well-known authors - Andrew Wolk Kelley Kreitz. 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Control free essay sample

As I lied on my bed well over midnight, silent tears trickled down my hot cheeks and I wondered if I would ever fall asleep until it came out.Audition. Waiting. Callback list. Callback. Anticipation. Cast list.All equally terrifying. Because of my natural anxiousness,I often over plan which leads to me feeling unfulfilled and feeling like I didnt do my best. The shadow in each one of us becomes our most loathed enemy because they keep us from what we love most. Coming up to my sixth audition,there are two major events that triggered Shadow Monica to come into my life and convince me that I never would be good enough. As time goes by I realize that my most valuable asset is perseverance. It is my key ingredient to becoming successful in todays competitive world. While growing up I was involved in many different military based programs, such as the United States Naval Sea Cadets as well as the Marine Corps Junior Reserve Officer Training Corps. As I began to grow into my early teens, my father felt it was time for me to learn the structure and discipline that he had learned from the U.S Army. Another big influence in my career aspirations is my fathers eldest brother who also served in our armed forces. Both my uncle and my father inspire me to have a strong desire to serve a higher purpose. My overall goal is to become a United States Marine Corps Officer. I plan on making a career out of serving my country. Personally I feel it is our duty as American citizens to defend and protect our nations freedoms that we take for granted everyday. After researching various institutions of higher learning , I feel Long Island University CW Post campus is the most suitable match for my future goals. This institution stands out to me the most because of its mission statement, Your emphasis is on the student learner. I possess a strong desire to learn and better myself in all that I do. If accepted to the Criminal Justice program I will utilize the skills acquired to advance my ranks within the Marine Corps. Additionally, this program will open many doors of career opportunities post my military career. I am confident that this program will assist me in becoming successful with my long term goal which is to have a career in federal law enforcement.

Report to Local Network

De Beers Company is recognized as one of the leading diamond company that specializes in diamond mining, manufacturing, and trading. What is more significant is that the company actively participates in business operations of every industrial category of diamond mining, including underground, open-pit, large-scale alluvial, deep and coastal sea. The mining operations take place in such countries as Canada, South Africa, Namibia, and Botswana (De Beers, 2008).Advertising We will write a custom report sample on Report to Local Network specifically for you for only $16.05 $11/page Learn More De Beers Group has received recognition on the part of the International Chamber of Commerce World Business Awards because De Beers HIV/ AIDS program that has been selected as the best one among other 10 business projects (PJM, 2004, n. p.). Having an unrivaled expertise in mining, exploration, and marketing, the company takes great care of the human and ethical princip les while implementing specific projects and financial support. In this respect, our company is experienced enough while dealing with specific aspects and problems of social responsibility and, therefore, it is able to provide viable recommendations to the Local Network on increasing and strengthening the compliance with Global Report Initiative according to PR1: â€Å"Life cycle stages in which health and safety impacts of products/services are assessed for improvement†; and to PR5: â€Å"Practices related to customer satisfaction, including results of surveys measuring customer satisfaction† (Global Report Initiative, n. d.). In effectively managing health, safety, and customer privacy issues, the company is engaged in specific activities and projects aimed at advancing technologies and leveling up the quality of services and products. In order to analyze the strategies, it is possible to review the details on the Compliance table presented by De Beers Group (2009). These include: 1) Increasing company’s sustainability for producing more favorable environment for employees; 2) providing support and assistance to customers while delivering services and products; 3) increasing health and safety standard both within external and internal marketing processes. Arising from our experience, it has been turned out that the third aspect is the most effective in meeting the needs of the customers and creating a favorable ground for the workings of the organization. Recommendations I. Establish a favorable environment for creating an added value for customers in a sustainable and safe manner.Advertising Looking for report on business communication? Let's see if we can help you! Get your first paper with 15% OFF Learn More Benefits and implications The presented principles provide wider opportunities for De Beers Group to initiate more effective and competitive policies aimed at increasing health and security standards; Sustainability and development can also be achieved through the presentation of specific programs and projects, like HIV/AIDS project; II. To continue sustainable development and improvement through partnership; Benefits and implications The introduction of sustainable development and partnership entails the analysis of existing legal and ethical standards; Taking wider responsibilities and liabilities will contribute greatly to the analysis of social, economical and political situation in the country; Improving decision making process and stronger cooperation with our partners will ensure that these natural resources will be considered the signs of economic wealth. Our products can also contribute to the quality of life and to the community prestige. III. Addressing poverty and economic aspects of development Benefits and implications Meeting social and economic needs of the community will contribute to enhancing the quality of education and training. The principle will ensure the success of diamond manufacture as well as provide more incentives and opportunities for the community to develop their capabilities and skills; IV. Providing beneficial conditions for eradication diamond conflicts and presenting healthier environments for business operations and performances Benefits and implicationsAdvertising We will write a custom report sample on Report to Local Network specifically for you for only $16.05 $11/page Learn More Conflict elimination is another approach for improving the social and economic welfare of the nations. The principle will help create more communicational channels and establish fruitful relations with other partners. These recommendations will greatly contribute to the improvement and strengthening Company’s world infrastructure and cooperation with other partners as well as create more favorable climate for building relations and eliminating conflicts. Lessons learnt Enhancing sustainable development and adva ncing quality standards as proposed by the GRI is the core solution for improving social performance and product quality. While considering diamonds conflict, Levy (2003) states that the introduction of transparency, conflict monitoring, increasing accountability of public services and informing communities about the process of conflict management can meet all the above established goals. Benefits of PR1 and PR 5 Compliance It should be stressed that PR1 and PR5 provide much more incentives for meeting health and safety needs of community because these are one of the basic needs of customers. Increasing the quality of products and services, the company will manage to advance the standards of production and organizational culture (Hayes, 2008, p. 58). This principle will allow to construct efficient approaches to coping with all organizational and marketing problems. Risks The most challenging issue in meeting the recommendations may be faced while dealing with diamond conflict that sometime may amount to the conflict between nations. Therefore, this part of the above-established goals should be tackled with extreme diligence and accuracy. Conclusion De Beers Group acknowledges that PR1 and PR5 compliance is extremely challenging, specifically when it come to conflict resolutions. However, the development of sustainability and information management as well as establishment of socially oriented programs will create a solid foundation for measuring customer’s needs. References De Beers (2008). The Families of Companies. Web. Global Reporting Initiative (n. d.) Social Performance: Product Responsibility. Web.Advertising Looking for report on business communication? Let's see if we can help you! Get your first paper with 15% OFF Learn More GRI Compliance Table (2009). De Beers Company. Web. Hayes, B. E. (2008). Measuring Customer Satisfaction and Loyalty. US: ASQ Quality Press. Levy, A. V. (2003). Diamonds and conflict. Hauppauge, New York. PJM (2004, May). De Beers Group Wins Awards for HIV/AIDS Projects. Archives, Daily News. Web. This report on Report to Local Network was written and submitted by user Aniyah Mcfadden to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.