Essay on The Evil of Capitalism

The Industrial Revolution of the eighteenth and nineteenth centuries was arguably the most important turning point in history. It transformed the manufacture of goods from craftsmanship to commercialism, exponentially increasing output and decreasing production cost leading to prosperity and an unprecedented supply of goods for the markets of the world. Industrialization and mass production was the fuel which ignited the flame of capitalism which was already established creating bringing sweeping changes in wealth and its distribution. Within a few generations the very fabric of society was virtually remade as millions left the farms and villages of the countryside for jobs in the cities. This monumental change did not immediately sweep

The Industrial Revolution brought about great changes in how goods were produced and consumed, but it also brought about social and political changes. Some were positive, such as machines relieving much of the toil previously placed on worker’s muscles. But there were also negative changes.

In the late 1700s-early 1900s utopian idea and industrialization changed social life and influenced government. This was by the cause of three main topics Capitalism, Socialism, and Communism. It influenced the government each time within the end results not as how they predicted. Adam Smith is a Scottish economist laid the foundation of capitalism. Also, the evolution from Utilitarianism to socialism. Lastly, about the Karl Marx idea of the best and a fixed mind set on things. Utopian idea and industrialization led to development progress in social life and positively influenced government from the late 1700s-early 1900s through abusive capitalism, idealistic socialism, and realistic communism.

nation's great cities and as oil refining rose so did the popularity of the automobile. With these

The purpose of this paper is to explore the Red Cross of America. The paper discusses the historical background of the Red Cross along with the current status of the organization. Nevertheless, the study intends to focus on the section 501 (c) (3). The section specifically enlightens the prospects through which the tax exemption may be applied. International Committee of Red Cross (commonly known as Red Cross) was established in 1863 as a non-profit social organization. Red Cross works under the head of The International Red Cross and Red Crescent Movement, which is the world’s largest humanitarian network. Main objective of the Red Cross is to protect life and health, assuage human suffering, and endorse human dignity. Red

"That's some catch, that Catch-22" (47). Some catch indeed, for Catch-22 "is the best there is" (47). A strange paradox preventing men from being grounded under any circumstances, Catch-22 eventually evolves into a justification for doing virtually anything. After all, it "says [anyone] can do anything [that] we can't stop them from doing" (416). A less obviously stated, but equally powerful, validation for one's actions is the guarantee of profit. "It [is] odd how many wrongs leaving money [seems] to right" (418), for the promise or presence of some form of profit, rights even the wrongs warranted by Catch-22. Milo Minderbinder takes full advantage of this powerful reasoning and uses

Greyston Bakery is definitely a unique company. This company offers so much more than just brownies to its community. As I stated previously, the company gives somewhat “undesirable” employees a chance to transform from “hard-to-employ” into easy to employ. It also offers shelters to the local homeless, facilitates programs geared towards individuals’ personal growth, and offers health care programs for individuals suffering from HIV/AIDS. In addition, Greyston’s ten guiding principles focus mainly on being a model and a light in its community for other corporations to mimic. Even though it is a for-profit corporation, the company is definitely not merely profit-oriented. While all of these attributes make up a great community-oriented company, I believe more companies do not follow suit because of the expense. Offering so many programs and benefits such as housing to the homeless and child development programs can cost a company millions. In the text, it states that Greyston’s foundation

Throughout his speech, Robert talked about the important of community service and how his company help people in need. His company’s mission to give money to 5 different nonprofits in the community. Some examples of the different nonprofits that his company helps out are Hope Remains, Mobile Meals, and English Crossing.

The year of 1887 marked the beginning of United Way, which originated as Denver’s Charity Organization Society and expanded over 1,000 Community Chests in the late 1940’s (Dess, Lumpkin, Eisner, & McNamara, 2012, p. C19). Then in 1974 their campaign, in America and Canada, exceedigngly raised over $1 billion dollars; thus, causing for the creation of the United Way International so that many countries around the world may have the ability to construct similar organizations that will benefit their nations (Dess, et al., 2012, C19). United Way’s business consist of attracting large companies and

Capitalism has been the subject of ethical criticism since it was first introduced into society. I defend the morality of capitalism because it gives people incentive to work, establishes a web of trust between them, satisfies their material well-being, and generates a wide spectrum of prosperity.

The main reason that large corporations are in dire need of money is simple, greed. Financial institutions went out and found people who wanted to purchase a house, but couldn’t afford it, because of bad credit reports, debt, income, etc. So the banks went out on a limb with these risky people, and loaned them “x” amount for the house. Banks were only trying to make some money off of the outrageous interest rates of the mortgages, because that’s what banks do, they make money. Now banks and other lenders did this type of business on a large scale. People loved the idea that they could go out and get a mortgage on let’s say a four hundred thousand dollar house, with a bad credit score and slightly above minimum wage salary. Can you see

Businesses are usually known to give back to the community in order to receive something in return, such as positive public relations, good connections and great employee experience. In the case of the Zoe Loren Make a Difference Foundation, this is not the case. The foundation is about continuing the acts of kindness that their daughter did, during her short, but meaningful time she spent with her parents as well as changing the lives of everyone she came across. It's about keeping her memory alive, celebrating her life and the things she was passionate about. Because of Loren, many dreams have become a reality, thus making a difference in the lives of many. I applaud her family for the remarkable job they have done so far and continue to

Capitalism started up as a system of investing and sharing money in order to increase the value of resources in the future. Capitalism was just an economic system, but then soon turned into a complex system of ethical practices. Harari defines capitalism as, “a set of teachings about how people should behave, educate their children and even think” (Harari 314). This economic system evolved along with the people that were endorsing it. Capitalism enables the rich to get richer, while the poor continue to get poorer. There are many benefits to capitalism, but there are downfalls as well, and these downfalls tend to be masked because of the rapid speed capitalists grow at. Harari first presents a definition for capitalism, and soon goes into great detail on why capitalism, while fast paced and unforgiving, is able to stand unwavered while other productions fail.

Taking ‘you’ to mean citizens in contemporary society, this essay will argue that the global forces of capitalism have immense powers over the government and the people. These forces transcend the sovereignty of individual nation states through corporations, currency and the stock market, and thus over societies and their people. According to Terrence Ball, power is a “contingently contested concept” (Ball 1993: 556), therefore I will address power in terms of its definitions by Peter Bachrach and Morton S. Baratz in its ‘second dimension’, that of setting the agenda (Bachrach and Baratz 1962). Next, Steven Lukes’ ‘third dimension’, which explains how the power of non-observable conflict alters the wants of those it exercises power over, with this not being in their true interest (Lukes 2005: 25). Subsequently, I will turn the attention to Michel Foucault’s definition of power as a “multiplicity of force relations” (Foucault 1978: 92) and its link with Hannah Arendt’s argument that power is sustained by the masses (Arendt, in Ball 1993: 549). These ideas are not the same but, in terms of capitalism, similarities can be drawn, which suggests not only that capitalism exerts power, but that this power is accepted. I will contest this view under the argument of ‘false consciousness’, first coined by Friedrich Engels (Augoustinos 1999). Collectively, these definitions will provide the foundations for a full analysis of how capitalism has the most power over present-day society.