Friday, September 19, 2008

World's Monster

Capitalism like to say are "putting their money to work"(Parenti ,8). Here, I would like to talk about capitalism. How capitalism develop? Who is working behind capitalism? What is the impact of capitalism to human being? As we all know, capitalism is usually related to profit making and free market. Capitalism tends to do everything as long as they get a worth profit for their earnest. Capitalism has a propensity to generate large scale inequality of income and wealth. Capitalism is always concerned in cutting costs, expending markets, and developing new product. However, indirectly capitalism has a good side, as the capitalism concern about all those things above, the market will develop more competitively. Other companies dare to win the market and produce a better and cheaper product. But, on the other side of view, as the product prices drop off, for sure the workers income will be cut off in order to balance the company's outcomes.

I like to say that capitalism is a cruel organization as they are likely to force the workers to work overtime. Since there are more competitive economy develops, this means that workers have to work more and more even though there are generally technological innovations. Is this fair for us as a human being? As an employer, workers' welfare should be put on the first rank in order to create a better work environment. Actually capitalism is depending on the demand of the goods being produced. As long as there is the demand, capitalism will continuously 'alive'. Here, as we can see, we are totally being controlled by a 'monster' which created by ourselves. Should we need to let this 'monster' control our economy forever? Do we have the rights to do that?

1 comment:

Ellen said...

I agree that capitalism can be seen as a “monster” in which we created, and therefore we are responsible for. On the topic of letting this “monster” control our economy forever, I think that this is a very likely possibility. Although I do not agree that it should, I think that it would be extremely hard to change our capitalist economy in a short period of time, or even over the span of a decade of so. Capitalism is so deeply rooted in our country and in our economy, and is for the most part seen as a positive item, therefore giving people reason to debate the need for change. Even if citizens do begin to realize that there is a need for change, how do we start it, and what kind of economy do we turn capitalism into. This insecurity would lead to a direct veto by other citizens because they are afraid of something that they no little or nothing about. I believe that we do have the right or rights to change what kind of economy we live in, but bringing about that change is a completely different story. Just because we have the right to do something, does not mean that it can be done overnight.