Rentier capitalism

Lithuania to America and Sinclair uses these experiences to reveal issues involving hardships that immigrants were subjected to, the injustices portrayed in the workforce, the unsanitary practices of the meatpacking companies, and the evils of American capitalism opposed to the benefits of American socialism. One of…

Capitalism has managed, using modern advertising and marketing tactics, to maintain a strict hold on sexuality and gender in order to facilitate the exchanging of commodities; though social progress has allowed for the inclusion of more diversified gender and sexuality spectrums into the mainstream, these spectrums are still defined by Capitalist enterprise, and our social, sexual and gender based ideologies are given definition by the advertising Capitalism uses to provide commodities with…

Central to his thought, is that our consciousness is determined by our material reality and that history proceeds from material change. Essentially, class struggle is the engine of history, and has been responsible for slavery, feudalism, and modern capitalism. Marx’s historical narrative is teleological. It is the proletariat’s historical mission to overthrow the bourgeoisie and establish authentic emancipation for all people. Marx rejects the negative liberal definition of freedom. Authentic…

Karl Marx and Adam Smith are both economists with theories of capital accumulation. Karl Marx was a German doctor of Philosophy. Adam Smith who was a Scottish moral philosopher developed a similar theory. The theories differ in the way they perceive labor value. Smith’s theory has a clear argument on capital accumulation such as his explanation for unproductive/productive labor in comparison to Marx. Marx’s explanation of productive labor, critique of abstinence theory, exploitation, and the…

What are some of the policies used in globalization that most countries have adopted? Mexico, Canada and the United States have adopted the North American Free Trade Agreement (NAFTA). This policy has led to a swift increase in the movement of money, goods, and the migration of people throughout these countries. Another policy is the General Agreement on Tariffs and Trade (GATT) and World Trade Organization (WTO). These two policies are somehow related because they focus on helping countries…

The market systems of present day are, for the most part, based upon some degree of capitalism. However, this was not always so. In previous societies, markets were heavily based upon societal factors; in fact, economies were an addition to the society, not a focus of society itself. This is where embedded and disembedded economies come into play. Disembedded economies, or capitalistic economies, are relatively new. Up until the 19th century, no one was focused on having money for the sake of…

possessions, land, or riches, as the main component of capitalism, but Rousseau disagrees with Smith about this being natural and Rousseau believes that the development of governing law was the demise of true liberty (9/2). Rousseau theorized that the social contract between the governor and the governed can be written in ways that fit the needs of everyone, rather than just for those with power (9/2). Smith argues that everyone benefits from capitalism and it creates an opportunity for all with…

Two Hemispheres: A Comparison and Contrast of Capitalism and Socialism For the last couple centuries, since the Industrial Revolution the world has been experiencing a tremendous wave of changes in the matters of society, economy and political practices. During this time, two major systems emerged as the result and/or perhaps as a response to the many challenges and opportunities brought by Industrial Revolution. The two hemispheres of power, capitalism and socialism are the two most…

Us Against Them: Classism and Capitalism Beasts of the Southern Wild, We Have Always Lived in the Castle and Gun Hill Road have an emphasis on the combative mindset between two opposing forces as distinguished by class or by capitalism, and by the structure of capitalism. In Beasts of the Southern Wild, these subjects present in duality when the inhabitants of the Bathtub are forcibly removed from their land by a “more advanced” society, and in We Have Always Lived in the Castle, it is seen…

In their papers on higher education in America, academics Mark Edmundson and William Deresiewicz write on the alleged crisis gripping the university system of the United States. Utilizing the terms ‘consumerism’ and ‘neoliberalism’ pejoratively, they muse on how each system has adversely affected higher education institutions throughout America. While both terms used are quite similar in nature, Deresiewicz is more pointed and explicit in his characterization of neoliberalism as opposed to…