The Domination of Capitalism

Paper Summary:

The paper looks at the United States that was built on the principles of capitalism and at China and Cuba that support the socialist style of government. The paper then shows how countries such as Canada and Russia move their values and philosophies between capitalism and socialism in search of improved lifestyles for their citizens. The paper explores the reasons for changes in countries' ideologies, that include globalization and the changes in information technology.

Outline:
Introduction
Markets and Marketing
Socialism
Variations of capitalism and socialism
Reasons for variations of ideologies
Conclusion

From the Paper:

"Markets and marketing are directly linked to capitalism and Adam Smith's 'laissez faire' philosophy. Entrepreneurial freedoms are promoted in capitalist states. The concepts of socialism demand more equality amongst citizens. This includes spreading wealth amongst all levels of society. There are no utopian states that fully embrace socialist or capitalist ideologies. Instead versions of each are demonstrated across the world; some mirroring closer to capitalism and others socialist values."

Sample of Sources Used:

• Alperovitz, G. (2005, Winter/Spring). America beyond capitalism. Reclaiming our wealth, our liberty, and our democracy. Philosophy & Public Policy Quarterly, 25 (1/2), 23-35.
• Arthur, C. J. (2006, Autumn). Money and exchange. Capital and Class, 90, 7-35.
• Bartlett, B. (2006, November 20). Elegy for the master - commentary. Washington Times. Retrieved December 31, 2006, from http://www.washingtontimes.com/commentary/20061119-102614-1128r.htm
• Birdsall, W.F. (1996). The internet and the ideology of information technology. Dalhousie University. Retrieved January 1, 2007, from http://www.isoc.org/inet96/proceedings/e3/e3_2.htm
• Bogle, J. (2006, April). Whose capital is it? Putting owners back in control. Business Economics, 41(2), 47-52.

More papers on The Domination of Capitalism:

• Essay # 63470 : "The Protestant Ethic and the Spirit of Capitalism"
• Book Review # 107794 : "The Cultural Contradictions of Capitalism"
• Essay # 32008 : "Corporate Power and the Negation of Democracy"

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