This website uses cookies to ensure you have the best experience. Learn more

This Essay Is About The Upsides And Downsides Of Capitalism And Why It Isn't The Utopian Government That Many People Believe It To Be.

1793 words - 7 pages

Capitalism is defined as a system based on private control of capital. A purely capitalist government has a free market and allows people to make money any way they see fit, unless it infringes on the rights of another citizen. The problem with capitalism is that it gives people too much freedom. Capitalism uses profit for motivation, profit brings out the worst in people, it makes people greedy. The combination of greed and freedom is what corrupts a capitalist society. Capitalism creates a system where profit is the ultimate means to an end and the process does not matter. Despite this fact there are many supporters of Capitalism and some strong arguments and examples of Capitalism being very successful. Yet because of the corruption capitalism instills in its people capitalist societies tend to do things that are abhorrent, unethical and wasteful. Capitalism is not the 'utopian' government that many people believe it to be.There are more supporters of Capitalism than any other government type in the world. Capitalism has a vast number of advantages and incorporates many ideas that philosophers believed in. Aristotle believed "every person had the tools to develop the knowledge necessary to guide his or her life to unlimited prosperity, pleasure and happiness." Aristotle had the idea that if people were left to their own devices they would seek out the knowledge they needed to become successful without any assistance. Aristotle didn't know it but what he was supporting was Capitalism. Plato had the exact opposite idea, which is the way most governments operated in the past. He believed that the state had to have control over the economy for things to be done to the benefit of everyone. John Locked believed that the government's only role in society was "to protect the right of life, freedom and property" . This also happens to be the role of a Capitalist government in any society. A capitalist government does not interfere with its society unless someone is infringing the rights of someone else. Capitalism is good in that it best represents human nature whether human nature is morale or not. Humans survive based on their ability to reason through situations and beyond the idea of justice most people believe we should not be restricted to doing anything else than that which harms others.The moral justification of capitalism does not lie in thealtruist claim that it represents the 'common good.' Itas true that capitalism does--if that catch-phrase hasany meaning - but this is merely a secondary consequence.the morale justification for capitalism lies in the factthat it is the only system consistent with man's rationaltature, that it protects man's survival qua man, and thatits ruling principle is: justice. - Ayn RandAyn Rand believed Capitalism was the only type of government that naturally allowed people to act like themselves. Another common theme found among philosophers and many members of society is that no one wants to work to benefit...

Find Another Essay On This essay is about the upsides and downsides of capitalism and why it isn't the utopian government that many people believe it to be.

When people go up into space, many will immediately get space sickness. This essay will reveal some of the symptoms and the measures that can be taken to control it

1009 words - 4 pages from dizziness or difficulty with balance. And nearly one quarter of all emergency room visits include a complaint ofdizziness. Figuring out why we're mixed up in space can have some down-to-Earth benefits!The vestibular system isn't the only one affected by the absence of weight. The proprioceptive system -- that is, nerves in the body's joints and muscles that tell uswhere our arms and legs are without having to look -- can also be fooled

Can and Should Sociology be Value Free. this essay is about the aim of sociology that is to be value free and whether it can and should achieve that aim

2145 words - 9 pages religion and superstition. This will enable progressive growth and development of society.Sociology should be value free in order for it to be accepted by all people regardless of races, religions or status. There may be biasness towards a race or a religion if sociology is not freed from values. This will only cause more problems in the world. A group of people may feel more superior than other groups. For example, the Nazi believed that their race

This essay is about the political framework of Islam. It talks about the basic principles and happenings in Islam's government

572 words - 2 pages prescribed, he is required to exercise Divine authority. The state that is established in accordance with this political theory will in fact be a caliphate under the sovereignty of Allah. Every individual in an Islamic society enjoys the rights and powers of the caliphate of Allah and in this respect all individuals are equal. In Western democracy, the people are sovereign; in Islam sovereignty is vested in Allah and the people are His caliphs or

The Failure of the Noble Experiment: The Prohibition. This essay is about the US's prohibitin from 1920 to 1933, how it started, and why it failed

1675 words - 7 pages spoke out at the National Prohibition Law hearings before the U.S. Senate:"At least one billion dollars a year is lost to the National Government and the several States and counties in excise taxes. The liquor traffic is going on just the same. This amount goes into the pockets of bootleggers and in the pockets of the public officials in the shape of graft? It is my calculation that at least a million dollars a day is paid in graft and

Abortion should NOT be illegal. This is a persuasive essay that shows the good that could come out of an abortion and why it should continue to be legal for women to CHOOSE to have an abortion

985 words - 4 pages into making a law that favors their religion. The government should not be influenced by these religions if they want to remain constitutional.How would you feel if you were a woman who has been unexpectedly impregnated and all of a sudden, you would have to drop everything you have done in your life, school, and work? How would your friends and family react to this? What would happen to your social status? This is the dilemma many women face who

The topic of 9/11 is very controversial. Some people believe that 9/11 was a terrorist attack while others say it was a government setup. In this essay I show example both ways.

935 words - 4 pages planes were hi jacked by terrorists, who belonged to the terrorist group known as Al Qaeda. Shortly after the plane crashed both building burned in flames and collapsed. The government states that the twin towers fell because of the 10,000 gallons of jet fuel in the commercial plane. Thus causing the steel columns to collapse, leading to the whole towers collapse. This theory is a possibility. It is a known fact that heat can cause steal and many

This essay is about the colonization of West Africa and the effects it had on the people

1177 words - 5 pages , salt, timber, cocoa and other resources. These rich resources were of great value to the Europeans and thus it created some rivalries among the European powers.The presence of weapons and arms on the land created a lot of confusion. It generated a lot of mistrust and misunderstanding among the people. This was because the colonial masters traded the arms with some of the tribes. The tribes did not understand why other tribes should be in the

This essay is about whislteblowing in the Canadian Government. It gives the good the bad and the ugly about whistleblowing

1236 words - 5 pages extent, protection will be a step forward for Canada and give the public more respect for their government.Firstly, if the Canadian Government passed a law giving the protection necessary to the men and women who feel it is in the public's best interest to blow the whistle on their organization they would not suffer the terrible consequences which many of these people face today. The consequence, which some whistleblowers endure, is very extreme and

Alcoholics Anonumous. This essay tells all about AA. It goes into great detail of how it was founded and why it was founded. It even tell about the different ways it can help people

2005 words - 8 pages herself for feeling like shedid about her mother, and they have a relationship not. They are not close, butunderstand each other.It seemed that this women has benefited greatly from attending A.A. meetings.She was able to stop drinking, and attend meetings where she can discuss herdrinking and related problems. The difficulty of staying sober, everydayoccurrences in life, or specific child related problems can be related by othermembers in

This essay is entitled "one of life's necesities". it is an essay about dieting; the many forms of diets and other information regarding diets

1544 words - 6 pages One of life's NecessitiesWhat is considered a good diet? Well, according to Newsweek, "eat right and get plenty of exercise" I believe that dieting alone wont be enough to keep you healthy, you have to also exercise. Dr. Walter Willett of Healthy Eating Pyramid used the best evidence to create a true pyramid. This is designed for a life long weight loss, not short-termed. First, you need to be able to get rid of junk food. People should eat

This essay is about the development of the King James Bible. It talks about how it was developed, who developed it, and why. It is cited and contains the works cited

1824 words - 7 pages translations of the bible. This, however, came at a great cost. The development of the King James Version was a very lengthy and painful process. The KJV would not nearly be what it is today if not for the patience, dedication, and hard work that were so passionately applied to its creation (Metzger 760).When Elizabeth's reign came to an end in 1603, James IV of Scotland became James I of England. His thirty-seven years as king of Scotland

Similar Essays

Jackie Robinson And The Civil Rights This Is A Short Essay About Jackie Robinson And How He Was One Of The First Black People To Be In Sports. It Talks About How He Influenced Many People

315 words - 2 pages color barrier inbaseball, but if you focus on the totality of Jackie Robinson and all that he accomplished,you will see much more. He became a fundraiser for NAACP and served on the Board ofdirectors. He also did many other fundraisers. Martin Luther King Jr. eve said, "JackieRobinson made it possible for me in the first place. Without him, I would have neverbeen able to do what I did." This is why Jackie Robinson made the biggest impact onCivil Rights.

This Is A Research Essay About The Mafia And The People And Events In It. It Mentions Many Of The Biggest Names In The History Of The Mafia. It Also Enlightens Us To The Early Beginning Of The Mafia

2007 words - 9 pages From the beginning to the end, the mafia has left an impression on our society. The history of the Mafia is not definite but many believe that the Mafia was born in order to protect and help the less fortunate. The origins of the mafia date back to the ninth century when Sicily was ruled by Arabic forces. This is when the mafia arose, in efforts to gain back their freedom. Even after the mafia gained freedom from the Arabic forces, there were

T His Essay Is About American Prison Reform, The Many Changes, As Well As Both Sides Of The Issue D Oes It Need To Be Reformed? It Also Concludes And Solves The Issue

2122 words - 8 pages system. While some people believe that prison labor "provides a ray of hope for [an] otherwise bleak future" (Prisons, p.128) for the prisoners, others feel as if its "unfair for the government to let a convict work force earn money making the same products that their civilian workers make."(Prisons, p.127) As Mrs. Wong said "when a prisoner is released it is most likely a different world than the one they left, especially the criminals with the long

This Essay Is About The Canadian Confederation In 1867. It Describes All The People Involved, What Happened, Why It Happened, How It Happened And So On

840 words - 3 pages was for the colonies to come together to form one country. These are the problems that led to Confederation:Political problemsThe Province of Canada had the most people and was later made into the provinces of Ontario and Quebec. The government of the Province of Canada did not run very well because the English-speaking and French-speaking sides - who were pretty much equal halves - had different ideas about how things should be run. Leaders from