Capitalism A Superior Economic System Essay example

Capitalism: A Superior Economic System People generally enjoy having money in their possession because it gives them a feeling of power and freedom. Having money gives people the freedom to spend it on what they choose and the power to make more if they wish. Working in order to make money provides people with a sense of independence and pride while learning responsibility. In a world where the majority of people like possessing money and having the opportunity to obtain more of it, the majority of people should prefer having a capitalist economic system over having a socialist one. There are many arguments that support and explain why capitalist economic systems are superior to socialist economic systems. First and foremost, a†¦show more content†¦Due to the lack of motivation in socialism, people’s desire to be excellent and efficiently working employees decreases tremendously. This is because people will see no reason to work hard if they will not receive any more or less for their efforts or the lack thereof (â€Å"Socialism†). Therefore, a capitalist economic system is far superior to a socialist economic system in the sense that it offers rewards for effort whereas socialism does not. Although the capitalist economic system is a great motivator, it also enables an economy where businesses and people can compete against each other in attempt to be more successful than others. Capitalism, which has a free enterprise market, allows competition between businesses. A capitalist economic system results in a competitive market where there are many companies that provide similar products or services. In order for the companies to outdo their opponents, the companies will often change and improve the price, the quality, and/or the quantity of goods or services (Deane). A competitive economy drives people’s ambition to constantly be improving and making changes to their businesses (Burke). Just imagine if cell phone companies were not competing against each other, the iPhone might have never been invented. However, socialism does not encourage competition or innovation within the society.Show MoreRelatedKarl Marx Alienation Theory Essay1536 Words   |  7 Pagessocieties follow this economic system. In some cultures, communism otherwise known as socialist party reign dominance and controls how production works and what is produced. Some political philosoph ers such as Karl Marx believed that a communist or socialist system can possibly fix some of the problems that capitalism causes. Specifically, fix issues with production caused by capitalism. Marx idealizes capitalism as the source of greed and a barrier to stopping cooperation in economic society. Karl MarxRead MoreSlavery, Colonialism and Capitalism783 Words   |  3 PagesSlavery, Colonialism and Capitalism, it can be said that there is a relationship between these three systems. There are many different views on this topic, the main views being the Liberal-pluralists and the Radical revisionists who understand this relationship from different perspectives. To prove the connection between these three systems that impacted many countries this essay shall make close reference to a number of sources. Cedric Robinson (1984: 57) discusses the fact that slavery lead toRead MoreCapitalism Vs. Socialism And Communism1175 Words   |  5 Pages Capitalism VS. Socialism/Communism Analysis The industrial revolution changed the way people lived. Before the industrial revolution all the work that is now done by machines was done by hand. It also allowed the ambitious working class man to join the rich at the top. This was done through capitalism and laisses-faire economics which gave businesses the ability to operate in a free market without government regulation. Capitalism deserves its share of criticism because of the abuses it causedRead MoreCharles Darwin, The Most Influential Nineteenth Century Evolutionary Thinker1176 Words   |  5 Pagesspecialization and progress by a brutal economic struggle that determined the â€Å"survival of the fittest† (McKay 745). The notion of a body of thought drawn from the ideas of Charles Darwin that applied the theory of biological evolution to human affairs and saw the human race as driven by an un-ending economic struggle that would determine the survival of the fittest defines Social Darwinism (McKay 745). As European and American upper class sought to extend political and economic power, Social Darwinism provedRead MoreDarwin’s Theory of Natural Selection and Social Darwinism Essay811 Words   |  4 Pages Darwin and Evolution are inextricably linked in the minds of most people who have had the opportunity to study them in basic biology. However, Darwins theories of selection and survival of the fittest have been applied to moral, economic, political, and other cultural aspects of society. Dennett briefly touched on some of the political and social ramifications of Darwins theories in the final chapter of Darwins Dangerous Idea. Other philosophers and thinkers have also adapted Darwins evolutionaryRead MorePopular political Ideologies in the 20th Century: A brief Study of popular 20th Century political trends.1367 Words   |  6 Pagesgovernments must remain ideologically flexible depending on current national conditions. All political ideologies proclaim to be superior next to all others; the fact is that all worldviews have failings and merits and specific purposes. I will discuss the following Political Ideologies; Marxist/Communist, Leninist/Stalinist, Progressive/Socialist, Classic Liberalism/Capitalism, and Neo-conservative. All of the above mentioned P.I has come to the forefront of this discussion because they have been theRead MoreUp, Up and Away with the Space Race1225 Words   |  5 Pagesbecause of their advanced education system, the German engineers, technology from the Second World War, and their different types of government and economic systems. The first reason why the United States caught up to and surpassed the Soviet Union was the United States’ education system. After the launch of Sputnik, the US went into a panic. There were fears that the American education system had fallen behind the Soviet’s superior science and math based education system (Grant). As a result of the panicRead MoreCapitalism Vs. Socialism : The Transitional Period Between Capitalism And Communism1330 Words   |  6 PagesCapitalism versus Socialism In the theories developed by Karl Marx, socialism is considered the transitional period between capitalism and communism. For a long time, capitalism versus socialism has been argued and debated. Socialism is an economic system in which goods and services are provided through a central system of government and aims to make everyone equal. They have different forms of socialism that have different beliefs. Some of the biggest disadvantages of socialism are that it reliesRead MoreThroughout History, Economists And Philosophers Have Theorized1533 Words   |  7 Pagesdifferent systems as an attempt to overcome scarcity. Most American children are taught from an early age to believe that capitalism corresponds to opportunity and democracy, and that it effectively battles scarcity. In this sense, many would argue that capitalism has been the most successful economic system in history. While this may be true, pure capitalism has fundamental flaws that lead to a variety of social issues. As society continues to evolve, it is imperative to improve our economic philosophyRead MoreCapitalism : The Highest Stage Of Capitalism1538 Words   |  7 PagesSince Vladimir Lenin was a Marxist and socialist he was opposed to global capitalism, and his book of Imperialism: The Highest Stage of Capitalism points out some of his main arguments regarding the capitalism as a whole. He regarded World War 1 as an imperialist war, caused by pressures that arose from an immediate development of several European empires. The central nations of capitalism participated to expand their exploitative sphere, which led to the conflict of interests and eventually produced

Correlation Between Student And School On Education

Introduction Have you ever consider if there a connection between student and school on education? Is education system fair and equal throughout the school in US? Are there any hinder that creates disadvantage for any group of student? Home-school relation does have a strong connection on many students’ academic score and performance. Many of these studies look at the relationship between home and school. Some of these research studies specifically focus on how this relation correlate to race, class, culture, language, and nationality. People normally assume that it’s always the students from rich family that does well in school than those from poor family. They would also assume that students who have English as their native language†¦show more content†¦(Anyon) This is significant because the students in this setting are motivate to develop their own ideas different from other classmates. The last one is executive elite where students in the high upper class learn to develop analytical intellectual powers involve skills such as reasoning and problem solving skill. (Anyon) The students here are expected to be at an advance level doing heavy complex course work unlike all the previous social class. It all boils down to the fact that students are being taught and treated differently in certain school base on their parent income. Family Characteristics Another studies examined the relationship between rich and poor country based upon the mathematic test scores. In this study, Ming Ming Chiu used family and school characteristics to analyze student’s success. Under family characteristics, he stated that â€Å"family members can provide resources and additional learning opportunities on which the child can capitalize. (Chiu) This is consider a recommendation to enhance academic through the use of resource. Pedro A. Noguera, who did a research study at Berkeley High School, said a similar context in term of class differences. He stated that â€Å"class privilege creates advantages.† (Noguera) Because of these differences, the amount of knowledge each individual student has vary upon to their family income class. The parent also share the responsibility to the type of education their children receive. Parent are suggested toShow MoreRelatedEducational Attainment And Parental Support1486 Words    |  6 PagesThe sample was drawn from 33 rural and urban schools. The target sample consisted of 3000 Children from rural schools and 1000 from urban schools. The mean, S.D., t-test and co-efficient of correlation was used for arriving at conclusions. The hypothesis of the study framed were, there is no significant sex difference in the academic achievement of primary school children, there is no rural urban difference in academic achievement of primary school children. The findings of the study points out thatRead MoreClassroom Implementation For Students With Autism Spectrum Disorder ( Asd )1216 Words   |  5 PagesStudents with disabilities that require special education services or curriculum can no longer be segregated in the 21st school system. Schools are now required to use common core and inclusion classroom implementation for students with Autism Spectrum Disorder (ASD). Common core and inclusion have not only been proven beneficial for the individual student with ASD but also the institutions serving the ASD student population. Appropriate education practices offer all general education and studentsRead MoreEssay on The Correlation Between Homework and Academic Success 1524 Words   |  7 PagesAmple research has been done on the correlation between homework and academic success with many opposing views. Research has shown that homework can be linked to better grades, improved standardized test scores, and more prepared students entering the post-secondary arena; however, this correlation is weak and the opposition has equal ammunition to support that there is no correlation between homework and academic success. There have been movements to abolish homework as well as movements to increaseRead MoreMath Teachers : Social Emotional Development927 Words   |  4 Pagesstatistic in Figure 2.1 is 6.0 percent. A 6 percent R Square means that the two independent variables income inequality and household income account for 6.0 percent variation in consensus among math teachers that the social and emotional development of students is as important as their acquisition of knowledge in math classes. A P-value of 1.39E-12 indicates that the probability of the null hypothesis being true is false. Consequently, the results from this regression analysis are statistically significantRead MoreThe Effect of a Character Education Program on High School Student Achievement 1069 Words   |  5 Pagesa character education program has on high school student achievement. Many of the journal articles that I have come across in researching character education and student achievement indicate more of an indirect relationship where for example, an increase in student achievement is considered a product of improved attendance resulting from character education participation. A majority of such articles include studies on the development and effectiveness of specific character education programs. ThereforeRead MoreHigh School Dropouts At Risk Stud ents1419 Words   |  6 PagesIntroduction High school dropouts are usually defined as students who leave school before obtaining a diploma but in some cases, are also labeled as a drop out if they do not complete the high school curriculum within four years after entering ninth grade (Hampden-Thompson, Kienzl, Daniel, Kinukawa, 2007). Students who are considered to be at risk are more vulnerable to dropping out of school than others. These at risk students usually exhibit behavioral, attitudinal, or academic problems (LemonRead MoreSocial Inequity And Education : How Does Socio Economic Inequity Affect The Performance And Engagement Of Students?1282 Words   |  6 PagesSocial inequity and education How does socio-economic inequity affect the performance and engagement of students? Introduction Around the world, socio-economic groups influence the performance and engagement of students. This can be partly explained by the genetic variations present among each individual but the major causes of this phenomenon are resources and opportunities. Student engagement can be referred to as their sense of acceptance and belonging of the goals of schooling. It also involvesRead MoreSignificance of the Study: Predictive Power of High School GPA and Admission Test Scores on College Academic Performance 1026 Words   |  5 Pageshigher education and scientific research in identifying whether high school GPA and admission test scores help in predicting academic performance of students attending higher education institutions. This study might also help them in the development of future admission plans and student retention programs at Yemeni universities and colleges, resulting in changing the admissions policies all together. Further, the results of this study can help high school couns elors at the ministry of education assistRead MoreFactors Affecting Academic Performance...1690 Words   |  7 PagesFACTORS AFFECTING ACADEMIC PERFORMANCE OF FIRST YEAR COLLEGE STUDENTS OF THE DIVINE WORD COLLEGE OF BANGUED FIRST SEMESTER 2010-2011 Mary B. Gallardo,MST-Math, Alfreinell S. Castillo, BSC, Jessie T. Sibayan, AB, Marianito T. Taeza, AB, and G. Regil D.Valera, BSCE Registrar’s Office, Divine Word College of Bangued June 1, 2011. The objective of this study was to examine factors such as age, gender, high school graduated from, and Grade Point Average (GPA) in fourth year and to identify whetherRead MoreThe Relationship Between Student Mobility And Academic Achievement1428 Words   |  6 Pages Much research has been conducted to examine the relationship between student mobility and academic achievement, but there are also gaps that exist. Researchers have dedicated much effort to exploring the consequences of switching schools, and these consequences can take many forms. Much research examines various practices, including family and student choices and school policies, and the resultant mobility’s impact on student academic success. These catalysts for mobility have included the family’s

Benefits of a ‘good citizen free essay sample

The volunteer work in public services – there are lots of other volunteer opportunities for people to take part in. for example like working in a police station or working in a fire station. Volunteer’s makes some people good citizen because if some people are from different background and if they work in a volunteer than this will help them to get along with other people in the public service. The benefit to public service of someone volunteering is that the paid staff can go do other things and the volunteer can take the paid staff’s job and also if the volunteer works well then they might hire him/her. Volunteers in the community – there are lots of opportunities that are available to volunteers in the community such as working in a charity and help making streets and city clean. Volunteering in a community can make a good citizen because people will work together and they will get along with each other. We will write a custom essay sample on Benefits of a ‘good citizen or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The benefit to public service of someone volunteering is that public service can use new ideas from the volunteer to solve problem and also volunteer can take over the office and paper work, this will allow the paid workers to go out and do other things. Adding value to society and supporting society – good citizen will always add value to the society. For example like if they behave properly, help other people in the society and take part in different types of event to raise money to make their country better. It will help us make a good citizen because they will appreciate the things that we have done for the country. The benefit to public services is that they will have extremely high number of chance to having good citizen who wants to work for them. Protecting the environment – people could take part in different things in order to protect the environment. For example like they can go plant trees in the forest where there are less tree and protect endangers species such as tigers. This help to make a good citizen because you are giving up your free time to help clean the environment. The benefits of volunteering in protecting the environment are that volunteer will meet new people, grow self-confidence. Challenging injustice and making a positive difference to affect fairness and to improve society – this is meant that everyone should be treated fairly and exactly the same as other people. There are so many opportunities that are available for people to do this, such as joining the pressure groups because they defend the natural world and promote peace by investigating, exposing and defying environmental abuse, and championing environmentally responsible solutions. This will help us be a good citizen because other people in the society will respect us for the things that we are doing. The benefits of people doing this to the public service is that they will have enough number of volunteer that are willing to help make the society be fair and proper to live in.

Pamela Essay Example

Pamela Essay In early times, in the era when mankind first learned to engage in business and traded with one another and gave birth to accountancy. It is also the time when the entity called money is born. But even before the creation of money, accountancy is already very important in early businesses. Accountancy served as a guiding light to the success of an entrepreneur. Accountancy is always preset in mans daily activities in its simplest form and therefore we can conclude that it is already part of our daily lives. As an individual who existed in the 21st century, I can say that accountancy in its general sense is often misinterpreted. Many people especially incoming college students are afraid of accountancy. They thought of it as a very difficult field of learning. As a course in college, accountancy is one of the least courses that students take. But the truth behind this is the fact that accountancy can be easily to be dealt with if you have patience and hard work. We will write a custom essay sample on Pamela specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Pamela specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Pamela specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Being an accountancy student of the 21st century, I encounter many topics regarding accountancy and at first glance, they seem to be very hard for me but with the help of patience, hard work and perseverance I came to cope up and understand these topics. Thanks to our brilliant accountancy instructors who are always ready to share and impart their knowledge to us. Accountancy is also a vital part in the progress and success of businesses in the 21st century. Without accountancy, these multi-billionaire corporations have not mom into existence. The people behind their success are the accountants where in they work in the influx and out flux of the corporations finances. Accountants in the 21st century are still very few and businesses are growing rapidly. Because of this, more accountants are needed. So I encourage incoming freshmen student to enroll in the course of accountancy and discover and appreciate by themselves the beauty and importance of accountancy in the society not only in the 21st century but in the centuries to come. Pamela By Pamela-Gallup