military has changed into a consumer based system creating the most competitive market the world has ever seen (Barbook, 2005). This competitive marketplace introduced has radically changed modern day capitalism with the growth of new and alternative economic models. These models largely being introduced in Web 2.0 and advancing into the current Web 3.0 and Web 4.0 (Aghaei, 2012). The internet has allowed consumers to have more power and knowledge over what they buy and where they buy because…
Political-Economic Stances on Social Security: Liberalism and Social Democracy By merely glancing at political systems across the world, it is clear that politics and the economy are inextricably tied. Both are institutions that maintain a balance between freedom and equality, and both are associated with a variety of ideologies regarding what the best balance is (O’Neil 2013, 101 & 112). We often see how politics and economics influence each other, with economic regulation in policy, and a…
Political ideologies are labels for groups of people who share similar political views. Some popular political ideologies are republican, democrat, liberal, conservative, socialist, and libertarian. These different political ideologies vary from very pro-government to very anti-government. Today most political ideologies are understood by their stereotypes. For example, the common stereotype for conservatives is a white male, and the common stereotype for liberals would be a female minority.…
popular forms of government that have dominated over the world; socialism and capitalism. Capitalism shows more of an individualistic ideology and has a self interest style of leadership, when compared to Socialism where it has a collective interest and works towards “the common good”. The opposites of these two forms of governance, is heavily displayed within their economic structures and systems. Socialism can be heavily display as communism in a sense, with that idea you can relate communism…
Political ideology is an unchangeable variable within the political system, throughout each election ideologies are constant serving two functions: (I) shaping a candidate's proposals to fit the borders of their beliefs, and (II) allowing citizens to be able to identify with candidate’s proposals. In the context of international trade three ideologies, Marxism, Mercantilism, and Liberalism can be utilized to classify candidates' policies and their potential consequences. Candidate Donald…
Structure and Change in Economic History through an examination of North’s theoretical propositions and an analysis of his application of these theoretical foundations to various historical periods of rapid economic transformation. Specifically, the first section will pull out North’s primary theoretical assertions and assess their merits relative to their primary theoretical rivals. The second section will examine two of North’s attempts to apply his theory of economic change to empirical…
According to Ivring Kristol, “A neoconservative is a liberal who has been mugged by reality.” Neoliberalism is an ideology based on the classical economic liberalism of Adam Smith and the classical political liberalism of J.S Mill, including the influence of key thinkers such as Frederich Hayek and Milton Friedman (B. Arneil, personal communication, September 27, 2015). Adam Smith’s economic theory advocates liberation of the market and a state role limited to establishing security (Garner,…
rise in economic consumerism is a prominent theme in the text. Consumerism is shown through the display of willy’s relationship with his cars and due to willy’s exposure to Dave Singleman and Ben Loman, his economic motivation is internally conflicted; willy also has to deal with the change in the American dream. His exposure to these influences causes him to be internally conflicted with his economic identity. As one of the influential factors, his cars show a change in the world of economics. …
In The Metamorphosis, by Franz Kafka, the economic changes throughout Europe are explored as well as their impacts on the social well-being of the people. Throughout the late 1800s and early 1900s, Europe was undoubtedly the most developed continent on Earth. With the introduction of the industrial revolution in many European countries, citizens migrated to labour opportunities in larger cities, which promised higher standards of living, rather than working in the country for low wages. This…
circumstances leading up to the current economic disparity among the classes is Edward McClelland’s, RIP, The Middle Class: 1946-2013. In the U.S. today, the need for a stable and remunerative job is one of the greatest concerns of an adult. McClelland’s essay manages to astutely explain this issue, why it occurred, and possible solutions. Due to a seemingly ever-expanding multiplicity of circumstances, however,…