Essays on Capitalism

Communism was widely spread throughout the world during the post-World War II era. In Europe, in countries such as the Soviet Union communism was really centered around the Soviet Union’s government. The United States’ biggest fear was widespread of communism throughout its territory after World...

In his work, Dust Bowl: The Southern Plains in the 1930’s, Donald Worster primarily argues that capitalism is the cause of the environmental and economic disaster that was the Dust Bowl. Worster starts in his introduction discussing three ways in which capitalism was responsible for...

Over the course of history, the topic of economics has been talked about and discussed in great detail. With brilliant minds such as those of Aristotle, Immanuel Kant, and Thomas Mun each contributed their own economic ideas. When studying the History of Economic Thought, It...

Capitalism, by definition in the book, Capitalism: A Very Short Introduction, written by James Fulcher, is essentially the investment of capital in the expectation of making a profit. But what is capital? Capital, as we learned in class, is wealth accumulated by specific people in...

The British industrial revolution started in the 1790s certainly carried out its negative effects, but the positives currently outweigh the negatives through several different ways. Inventions of the revolution have benefited lives of mankind from basic daily tasks such as skinning apples to machinery that...

Power, at its essence, is about establishing fear and dominance. During the Renaissance and the Age of Discovery, when the Church was in power and control of the state, in order to preserve that control, they had to spread fear among the citizens. If they...

In this era of capitalism, starting your own business seems like an incredible achievement. But many starters don’t have the foggiest idea where to begin. Truth be told, ‘how to begin a business’ is one of the most searched questions on the web. It is...

The two belief systems are altogether different, they are both financial frameworks dependent on how society should function and its objective. Free enterprise depends on the normal challenge of creation in ventures and ranches for instance while communism is driven by balance with various classes....

We the people, love freedom. We have been told we love freedom since we were a child, but who really benefits from this freedom? When is it too much freedom? Some would think that it becomes too much when you have the freedom to step...

“Socialism never seems to have any theory of wealth creation, only fanciful schemes for its reallocation,” so why do some economists favor socialism over capitalism if there has not been any sustainable wealth creation over the years and instead economic destruction. Whether or not socialism...