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    The industrial revolution changed the way that people lived in their everyday lives. With mass production, thanks to the assembly line, people were able to make and consume products at a much faster rate than ever before in history. However, there was a downside to this shift in living. This downside manifested itself in the form of waste. This waste could come in many shapes, colors, smells, and toxicity, but regardless it soon became a problem that has persisted to this very day. People who…

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    shortcomings of capitalism, and how some aspects of socialism could help solve the socio-economic crises we face today. Rather than promoting a private economy blinded by selfish interests, Einstein advocates for a planned economy that “adjusts production to the needs of the community” (Einstein). Moreover, he emphasis the role of the common people in making a successful transition toward a less selfish economy. If the common man or woman would accept their dependence upon society as a positive…

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    Marx outlined four components of alienation; (I) alienation from the product of labour; (ii) alienation from productive activity; (iii) alienation from the human species; and, (iv) alienation from fellow human beings. Alienation from products…. Productive activity, or the work process, is another aspect of alienation. It is traditionally highly hierarchised, routinised, segmented and seemingly meaningless. However in the very machinery and processes created by Modernity he saw a means of human…

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    In a capitalist country, it is to be expected that every family or individual will see the world from a new perspective. In her 2005 memoir, author Jeannette Walls recounts how her personal worldview was shaped throughout her childhood and continues to change during her adult life. Walls’s blatantly truthful memoir begins with a deceptively hopeful outlook of the future. With tax collectors or the like on their tails, the Walls family is forced to make a speedy escape—otherwise, they would not…

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    The effects of industrialization upon the world have been studied and celebrated for centuries. Of course, there were some negative aspects; child labor and pollution were major problems during the Industrial Revolution. Despite this, many positive consequences arose after and during the movement. While some historians may argue that industrialization had primarily negative consequences on society, the movement had many more positive aspects, including new forms of technology, more jobs, and…

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    Socialism: What It Means Socialism needs to be clearly defined because the meaning of socialism gets confused with many other different classes of economic systems. The main mistake people make about socialism is that people confuse it with communism. Some people even think it is part of a capitalist form of economics. A good example of a socialist government, is the government of Cuba. In Cuba, the government owns the businesses, however the state hires the employees. As stated by Richard…

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    What Factors Might an Entrepreneur Consider When Trying to Identify an Opportunity for a New Enterprise? In nowadays society, entrepreneurs are the key roles in a market economy. More and more young people desire to become entrepreneurs and have their own business. It is attractive to be an entrepreneur. But the way to becoming an entrepreneur is difficult and full of risks and challenges so that it is not everyone can be an entrepreneur. To start a new business, entrepreneurs should think of…

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    Human Workers Technology

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    consumers, companies should utilize both human workers and machines to allow for a higher and more efficient production rate as well as a maintained quality in the products as they are manufactured. For a manufacturing company, the main objective is to produce the greatest number of innovative products with the least amount of money. Robots possess the power to increase mechanical companies’ production rate tremendously. According to Acieta, a world leader in automatized welding systems, not…

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    Marx’s Bushy Mustache When people think about Karl Marx, they think about a mustache-twirling villain, but Marx’s mustache was too bushy to twirl. Marx is commonly misconstrued as a villain when in reality he was just a man who shared his thoughts. Karl Marx caused a paradigm shift in the way people think about the social economic structure of the world, created and led the communist revolutions and indirectly led some of the most influential revolutions in history. Karl Marx changed the way…

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    The Industrial Revolution was a period of industrial growth during the late 1700s and early 1800s. This period of industrialization began in England but then spread to other areas of the world. The Industrial Revolution is such a significant period of history because machines were created that could do the work that people originally did. Before the revolution, England was a collection of rural communities that revolved around farming. From 1700 to 1750, Britain’s population had relatively no…

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