Rentier capitalism

full of variety and mixed social economies, capitalism and Communism are the most well-known economies. The most attached country to capitalism is the United States, while Communism is mainly attached to Russia and China. Capitalism and communism are both ideologies used in many countries’ societies, however they are different in many ways. The wealth is distributed differently, and the ownership of property differentiates between the two economies. Capitalism is founded from Adam Smith, a…

The top 1 percent of Americans control about 40 percent of our nation's wealth. (746) This statistic is talking about the disparity of wealth between the wealthiest people in America and the lower two classes. This fact can be interpreted as both positive and negative for everyday people depending on who you ask. Either way this topic has lead to intense debate between both economists and government officials, but is still hardly known among everyday citizens. Thankfully, there are some people…

alienation… reigns in the conditions of existence of men themselves” (154). Through this idea, Althusser attempts to explain that people have created these ideologies to avoid dealing with the reality of how the world is. For example, regarding capitalism, people don’t want to admit that the style in which production labor works is alienating. Therefore, they make up excuses to hide themselves from the real issues regarding production, therefore, alienating themselves…

‘Modernity’, namely, the societal transformations brought by the industrial and political revolutions that started in the eighteenth century in Europe, has been theorised by a number of analytics as leading to the emergence of sociology. Following the social evolutions of the ‘Great Transformation’ that happened in Europe, as Gurminder K. Bhambra explains in the beginning of her article Sociology and Postcolonialism: Another ‘Missing Revolution’ (2007), the birth sociology was seen as an attempt…

In the novel, Gulliver’s Travels, Jonathan Swift expresses his ideas about politics, society, and the presumed self-righteousness of human society. The effects of social darwinism are profound and are evident within the characters in the story. Throughout the story, the desire to rise to a higher social standard is the driving motive behind the character’s actions. A main theme of the novel is how an individual can become distorted by their own thirst to climb up the social hierarchy. In her…

In Sociology is a Martial Art, Bordeieu asserts that the current economy favors increased production and consumption regardless of the social costs. Rather than favoring the happiness of the populace, this economy seeks to maximize gains in any manner possible, so long as it can justify the social costs with increases in production. This creates a paradox of economic benefit and social benefit, and while economic benefit is favored in the current day, the two are not mutually exclusive. The…

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…

the art in advertising because it recognizes the monumental impact that capitalism has. The artist or designer is selling their creativity; which is being driven by profit. Creativity is a product that can now be purchased by corporations in order to generate more profit. Capitalism exploits human talents and uses them secure and drive profits. These creative ads are made for consumers. Drawing back on our definition of capitalism and how every decision made within that system for the generation…

There is no set criteria for what make a economy developed. When looking at the measures we would expect mostly higher levels of GDP, GNP, advanced infrastructure and standard of life. It is important that we consider both economic and non economic indicators. A developed Economy is in generally said to be that of a industrialised , sovereign state with highly developed technological infrastructure relative to other nations. More recently new scales such as the Human Development Index (HDI)…

source highly suggests the ideology of the individualism and would most strongly agree with a classical liberalism society. Classical liberalism is a political ideology that enhances civil liberties and political freedom, which will often tied with capitalism. Adam Smith, the father of economics suggested that government control stifled economic growth, self- interest would lead business firms to produce only those products that consumers wanted at the lowest possible cost.…