The Wealth of Nations

colonised most nations around the world including Britain, Spain and America. This documentary shows how the concept of wealth and the economic structure in these nations rippling effect into smaller and younger nations and progressively makes the issue of poverty a global problem. The documentary deals with the problem of colonialism and how it has a huge ripple effect on the indigenous generations today considering how in many places such as Sub-Saharan Africa, India and many more nations…

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…

addressing injuries and damages in relations among nations, ethnic groups, and other victims of sustained economic and sociopolitical injustice or police aggression. “The processes of slavery, Jim Crow segregation, and discrimination were all mechanisms that transferred and…

Puerto Rico is colony that is a part of the U.S. territory known as the “La Isla del Encanto.” It has changed its political status throughout the year between independence, commonwealth, statehood. In 1967, Puerto Rico enhanced common wealth as a greater autonomy. Even before, the economic was at risk because it suffered from fundamental flaws. Congress didn’t commit itself before the accepting the decision of its people as well as refusing to clarify how the federal government would treat the…

In 1766, Adam Smith, known as the ‘Father of Capitalism’, published An Inquiry into the Nature and Causes of the Wealth of Nations, which outlines how capitalism works. Smith gave it a social and philosophical background, which inspired and encouraged many other famous thinkers and philosophers. In his book The Wealth of Nations, he challenged mercantilism. The economy of mercantilism was controlled by the state, and the country would have a monopoly over all ports, ships…

What does structural injustice have to do with the economy? It is making the rich richer and the non-rich poor? Is it possible that affluent nations have played a part in establishing economic structures that contribute to some of today’s hunger and starvation issues? Stanly Mooneyham states, “The heart of the problems of poverty and hunger are human systems which ignore, mistreat, and exploit man (Sidler 136).” Economics is central to our world. I believe there should still be an attempt to…

became limited in all countries; however, it was tolerated in Germany. “The Thirty year War radically altered the balance of political power among the countries of Europe.”(Asch) The Roman Empire lost control in Germany. France became the dominant nation and Sweden gained influence as well. Spain’s power decreased and Holland and Switzerland became independent. Germany divided into states and laid out the framework for independent countries. Some communities where religious armies had made camp…

In her essay “The Plastic Pink Flamingo: A Natural History”, Jennifer Price examines the implication s of the pink flamingos’ ascension in American culture. The image of a bold pink flamingo seemed to appear on lawns across the nation seemingly overnight. Price’s consideration of the flamingo’s role in American history and in contemporary times, alongside its flashy colors paints a clear picture of the American mindset. Price initiates her essay by bringing attention to the significance of…

Those are The Theory of Moral Sentiments which is published in 1759, An Inquiry Into the Nature and Causes of the Wealth of Nations which is published in 1776, Essays on Philosophical Subjects which is published after 1795 and the last but not least Lectures on Jurisprudence which is published after 1976. Those are very inspiring International Relations Students like us where…

The economist is a world leading news magazine, and in recent years, it made a study that found “Developing economies account for 43% of global GDP but 65% of crony wealth.” (economist) ‘Crony capitalism’ is when businesses and policymakers have a mutual relationship, that allows each other to have a beneficial gain, for example, a policymaker might get compensated financially from the reciprocal business and equally the policymaker will do favor that might reduce certain regulations or give an…