Varieties of Capitalism (VoC) * “The object of this book is to elaborate a new framework for understanding the institutional similarities and differences among the developed economies‚ one that offers a new and intriguing set of answers to such questions” (1-2) * VoC is actor-centered: * “which is to say we see the political economy as a terrain populated by multiple actors‚ each of whom seeks to advance his interests in a rational way in strategic interaction with others” (p. 6) however
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The fear of communism extends into the US‚ Over 80‚000 communists in the US after WWII‚ Some members of the government turned over documents to a pro-communist magazine. Loyalty review board for government employees created by Truman from 1947-1951 3.2 million were investigated‚ 212 were fired as a result‚ and 2900 quite to avoid being investigated. HUCA- House Committee of Un-American Activities: Developed a committee to search out disloyal Americans before WWII. In 1947 they began investigation
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Britain‚ France and Benelux lest the Nazis ever return. As the dust settled it was clear that Germany was no longer a threat‚ but the massive manpower and nuclear weapons of the soviets were another story. Nobody was more concerned with the rise of Communism than the United States and thus the North Atlantic Treaty was drafted; extending the zone
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Capitalism promotes greed and selfishness In capitalism country‚ not everybody does things with the purpose related profit. Many people also do something or help somebody because of kindness‚ but for the most major companies or governments in the Capitalism country‚ they run with the profit purpose. In this kind of operational system‚ people tend to be greed and selfishness. Therefore‚ people in capitalism country being greed and selfishness because of they are in a profit running system; and most
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Communism and socialism in American reform movements of the early 1800s What did Shaker’s believe? Joseph Smith and Mormonism Oneida community Reform movements of abolition‚ pacifism‚ and prohibition/temperance Common School Horace Mann and education reform Colonization movement Colonization rested on the premise that America was fundamentally ________ Antislavery movement and its ideas Uncle Tom’s Cabin‚ its impact‚ and its author Grimke sisters and feminism Dorothea Dix
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McNulty‚ Eric‚ Harvard Business Review‚ October 2002‚ pp. 32-40 In this case study‚ Cheryl Hailstrom‚ fictional new CEO of toy manufacturer Lakeland Wonders‚ is having problems getting her staff to buy into her vision for the company. For example‚ her senior VP of operations‚ Mark Dawson‚ doesn’t seem to understand her vision‚ nor does he show any interest in moving quickly to implement strategies to make Hailstrom’s vision reality. Hailstrom feels most of her managers are agreeable to her face
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1. What do you see as the strengths and weaknesses of capitalism? Give some examples: Strengths: • Sense of free agency and choice all around • Incentive to work and create • “miracle of exchange” • Natural way to allocate Resources • Controls prices and profits through natural law of supply and demand- less supply and more demand= prices up • In human nature • Social Good • Equality • Greed that causes competition • Democracy • Growth • Happiness • Harmony. Weakness: • Dishonestly • Greed • Unstable
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past mistakes and develop a nation that gives people a way to express themselves. Capitalism was one of the biggest changes that the colonists provided to the newly founded America. Our Founding Fathers developed a new understanding of how they wanted to people to be treated in America. Capitalism played an important role in the development of our nation and in turn it led to the development of the Code of Ethics for businesses. Capitalism changed America and helped establish the new laws and
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Karl Marx and his critique of capitalism The definition of utopia is an ideally perfect place especially in its social‚ political‚ and moral aspects (dictionary.com). This paper will discuss the changes in capitalism since Marx?s critique in 1848. Marx?s fundamental critique remains correct today. Marx is still correct about his critique of capitalism because even though there have been changes made to capitalism to prevent some abuses‚ capitalism still produces inequality‚ reduces the family
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enterprise? What four rights are critical to the operation of capitalism? Why would capitalism function poorly in a society that does not ensure these rights for its citizen? An economic system that rewards firms for their ability to identify and serve the needs and demands of customers‚ (capitalism).minimizes gov’t interference in economic activity. 4 rights are private property‚ profits‚ competition‚ and freedom of choice 3. In what ways is entrepreneurship vital to the private enterprise system
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