Michael Parenti's Remake The World

Improved Essays
If we look back at How to Take an Exam and Remake the World we find that professor Ollman rejects the common belief that the problems of less developed countries are too difficult to resolve. Moreover he heats up the argument by asking why developed countries would not actually help the ones that are suffering. He states that "since 1947, the world has spent $15 trillion on arms" (p.100) and how "it has been estimated that 1/2 of it would be enough to industrialize the entire third world up to the level of France, with a minimum of pollution.” Therefore, why do the wealthy countries do not invest into less developed ones? This is due to the fact that first world countries spend the money that could be given for help on weapons, which instead of helping actually produce pollution. Additionally, such countries are too occupied dealing with large businesses, that have a high influence over the government. This comes to …show more content…
It has advanced so much, that it has become a social system and even a lifestyle. In his book Parenti explains the biggest flaws of capitalism, which consist of unequal distribution of wealth, exploitation of workers and even corruption in government policies and within the politicians. He argues that such corruption is happening due to politicians wanting to implement laws that would favour large corporations, which would bring more money. Additionally Parenti continues by explaining how in his opinion such capitalist system should be taken care of with the introduction of social democracy. He argues that whenever capitalism messes up, they are never blamed for it, yet when it comes to prosperous times, especially the ones including high profits, capitalism is given all the credit, making this system

Related Documents

  • Improved Essays

    Capitalism was the first system to ever benefit all levels of society when it first came around. So, what is wrong with capitalism? Why is capitalism so despicable? What is it about capitalism that induces such bitterness? The essay What is Wrong With Capitalism written by Thomas Storck effectively answers just that.…

    • 1080 Words
    • 4 Pages
    Improved Essays
  • Decent Essays

    To begin, my least favorite part of this chapter is its connection to Christianity. I am not a very spiritual person at all, and I think there a many different ways in which capitalism could be discussed with out talking about religion. With this being said, this chapter did make a few good points. The point that impressed me the most was the part about how capitalisms main flaw is that it has been exclusive. Meaning, that the rich get richer and the poor get poorer.…

    • 174 Words
    • 1 Pages
    Decent Essays
  • Decent Essays

    A socialist critic would say that this capitalistic interaction was by its nature unsound: a system driven by the one overriding motive of corporate profit and therefore unstable, unpredictable, and blind to human needs. The result of all that: depression for many of its people, and periodic crises for almost everybody. Capitalism was an early nineteenth century a sick and undependable system. Only showing some steps of “social/self-reform when threatened.…

    • 70 Words
    • 1 Pages
    Decent Essays
  • Superior Essays

    When these hierarchies, which for decade after decade were sustained by the continuation of Capitalism, were questioned by the social revolutions of later decades, Capitalism was forced to evolve into its most modern form: a system of compartmentalization that utilizes the same traditional elements of suppression, but reconfigures itself in response to social pressure (without sacrificing profitability). Capitalism is so deeply engrained within what we now define as normality that it cannot be challenged even when social and cultural stereotypes are upheaved. Although society’s awareness of this systematic inequality is increasing (it cannot be denied that discussions about Capitalism’s insidious nature are being had at the highest levels—look, for example, at Bernie Sanders) the disparities augmented by Capitalism are so fundamental to our basic operation as a nation that legitimate change is infeasible, at least, in the near future. Capitalism as it exists today is a…

    • 1112 Words
    • 5 Pages
    Superior Essays
  • Decent Essays

    Capitalism Paul Bowles

    • 198 Words
    • 1 Pages

    The second part of the book also covers the recent history of capitalism in all its varieties. The analysis of capitalism is persistent throughout the whole book. In the first…

    • 198 Words
    • 1 Pages
    Decent Essays
  • Improved Essays

    In “Behind the Beautiful Forevers” Katherine Boo argues that societies are becoming corrupt because of capitalism’s prevalence in modern societies. Capitalism is creating an economy where products and profits are owned by companies and individuals instead of the government. ("Capitalism" Merriam Webster) Having profits owned by individuals drive owners to create inequitable systems that take advantage of lower class citizens. The systems drive the lower class to compete against one another to create a small profit, that will soon be taken away by the individuals or companies that “own” the profit created by the system.…

    • 820 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Far from a "natural" or "necessary" outcome, Polanyi argued that capitalism evolved from the demands placed by new mercantile and then bourgois classes upon the State to protect their fledgling enterprises and precarious social status. In this way, governments became the handmaiden of capitalism, helping to advance it with the necessary legislation and execution by virtual force of…

    • 404 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    To begin with, capitalism is collectively owned property, labor as an advantage for the community and consumption goes along with need. The United States roll in capitalism offers opportunity rather than fairness. (The Economist 2015) In…

    • 615 Words
    • 3 Pages
    Improved Essays
  • Superior Essays

    Strange Creatures Analysis

    • 1151 Words
    • 5 Pages

    Capitalism defines our society and who we are through the upper class, middle class and lower class. The development of capitalism has began to compete with human relationships; deciding which is more important. Hochschild states that “Increasingly, our belief that family comes first conflicts with the emotional draw of both workplace and mall” (Hochschild 186). The constant pressures of capitalism has pushed families, men and women, into the inevitable life of long working hours and spending money for family members. Capitalism itself is becoming the balance between the culture at home, at work, and even the mall.…

    • 1151 Words
    • 5 Pages
    Superior Essays
  • Improved Essays

    Polar Opposites of the Cold War Capitalism is the fastest growing, and largest political, social, and economic system in the world. Not too long ago Communism was spreading its borders towards neighboring Asian and European countries in a viscous retaliation against capitalism’s growth in Western Europe and Japan. The largest Capitalist nation, the U.S.A., feared that the U.S.S.R. wanted to destroy Democratic and Capitalist institutions, while the U.S.S.R. feared U.S. wealth and power stopping the rise of the Soviet Communism. Most of the fear originated in the fact that war between the U.S.A. and the U.S.S.R. would lead to the extinction of the human race, due to an arsenal of nuclear arms between the two. To truly understand the Cold War requires a look at Capitalism and Communism,…

    • 1057 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    For example, some countries that are independent because of the political system…

    • 1259 Words
    • 6 Pages
    Improved Essays
  • Superior Essays

    Marxism In Fight Club

    • 1340 Words
    • 6 Pages

    Capitalism, according to Marx, is a mode of production based on private ownership of the means of production. It is a system of social relations in which labour-power is commodified and the driving force of society is the accumulation of capital. Marx theorized that economic systems result in two social classes, one of which holds the power and uses it to oppress the other. In capitalism, this is the bourgeoisie, the capitalists, who own the means of production, and the proletariat who’s labour allows the system to function and is the source of the bourgeoisie’s power. As such, the social relations of production are antagonistic.…

    • 1340 Words
    • 6 Pages
    Superior Essays
  • Superior Essays

    Capitalism and Inequality Why is it that the wealth of the top 1% of Americans seems to be growing while the other 99% struggle to make ends meet, living paycheck to paycheck? Well, this has to do with a variety of reasons, but the one I will be focusing on is capitalism and if it does indeed produce wealth inequalities. There are different forms of capitalism such as turbo capitalism, responsible capitalism, popular capitalism, crony capitalism, advanced capitalism, and state capitalism.…

    • 1492 Words
    • 6 Pages
    Superior Essays
  • Improved Essays

    Film Review: The Global Assembly Line The World economy has experienced distinct phases over time, yet one of the most important and revolutionary systems has been capitalism. Capitalism can be defined as a socio-economic system motivated by profit and labor power, focused on the exploitation of the labor force. Beginning in the 19th century, competitive capitalism introduced the idea of reducing wage rates and different forms of production. Then came the era of organized capitalism, also known as Fordism, the era of mass production and introduction of assembly lines.…

    • 920 Words
    • 4 Pages
    Improved Essays
  • Decent Essays

    Argumentative Essay about Economic Systems by: Dawson Simeroth Capitalism is defined by Webster's Dictionary as: "a way of organizing an economy so that the things that are used to make and transport products (such as land, oil, factories, ships, etc.) are owned by individual people and companies rather than by the government. " Capitalism is much more superior than socialism because it accommodates for both the needs of the individual person as well as the needs of the society as a whole. For example, capitalism allows the prices of all goods and services to be set by the market. One can observe this even today with the prices of certain goods rising and dropping due to supply and demand. Some might say that unstable prices make for an unstable economy.…

    • 697 Words
    • 3 Pages
    Decent Essays

Related Topics