资本主义的优点和缺点分析Essay [6]
论文作者:英语论文论文属性:短文 essay登出时间:2014-10-09编辑:yangcheng点击率:7931
论文字数:3183论文编号:org201410031215081563语种:英语 English地区:加拿大价格:免费论文
关键词:资本主义CapitalismEconomics Essay受利益动机缺点优点
摘要:本文是一篇针对资本主义的优点和缺点分析的Economics Essay,资本主义的历史可以追溯到原始社会。在此期间,生活被说成是简单的和有组织的,“过去的好时光”。自给农业,狩猎和捕鱼形成了原始社会的基础。在这个社会所有的决定都是由部落首领和他的辅导员进行。
wage laws set a legal minimum on the wages that firms pay their employees. Since the passage of the Fair Labour Standards Act of 1938, the U.S. federal government has enforced a minimum wage that usually has been between 30 and 50 percent of the average wage [18] in manufacturing. For most workers, this minimum wage is not binding, because they earn well above the minimum. Yet for some workers, especially the unskilled and inexperienced, the minimum wage raises their wage above its equilibrium level. It therefore reduces the quantity of their labour that firms demand.”
CONCLUSION
Over the years capitalism has evolved. Starting with the bartering system which led to slavery system, then the Feudalism followed by mercantilism then to capitalism. It was suggested by the classical school of economics that government role should not be removed from economic system but, its role should be limited only to protect individual rights and providing public goods and services. History reveals that government is necessary and its role has expanded. We cannot deny that without government intervention we would have fail. With government intervention capitalism has develop over the years. Government involve in the form of nationalization, welfare and fiscal policies and minimum wage laws which adds to the development of capitalism. In the world today pure capitalism is not practiced but rather a mix economy by former capitalist states like the United State where government plays a more important role in market decisions.
However, like everything else capitalism has its disadvantages such as negative externalities like pollution and diminishing non-renewable resources; a disproportionate distribution of wealth or income; and high unemployment rates and economic instability due to the cyclical nature of the capitalistic system. Additionally the main motives of firms was gaining a profit which lead to the misallocation of scarce resources and stagnation.
Even with consistent conflicts between upper and lower class, capitalism has survive. It survives from the elite’s desire to remain in control of the means of production and, therefore, wealth. It causes exploitation between classes (the elite benefits at the expense of labour from the lower class) and was self-seeking since persons seek their own self-interests, regardless of the effects their actions have on others. This system found ways to suppress the working class and keep the bourgeois in dominant position in society.
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