To what extent do you agree that capitalism will not only survive but it will develop
1.Brenner, Robert, 1977, "The Origins of Capitalist Development: a Critique of Neo-Smithian Marxism," in New Left Review 104: 36-37, 46
2. Dobb, Maurice 1947 Studies in the Development of Capitalism. New York: International Publishers Co., Inc. 42-46, 48
3.Joseph E. Stiglitz. Globalization: is it a Curse or Blessing? – N. Y. – 2005
4. Marx, Karl  1976 Capital: A Critique of Political Economy Volume One trans. Ben Fowkes. Harmondsworth and London: Penguin Books and New Left Review. 874
5.Marx, Karl  1976 Capital: A Critique of Political Economy Volume One trans. Ben Fowkes. Harmondsworth and London: Penguin Books and New Left Review. 875
6.James Fulcher, Capitalism (New York: Oxford University Press, 2004)
7.Degen, Robert. The Triumph of Capitalism. 1st ed. New Br
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For example, Australia and New Zealand, both developed, are in the southern hemisphere, but not included into in “The South”.- Rich and Poor countries. These terms suggest a greater focus on income per capita, though it reflects the statistical average wealth of a country’s citizens, when income is distributed very unequally.- Industrialized and Non-industrialized countries. These terms are focused on the industrial level of development, and are relevant to widely used terms “Developed and Developing countries.” Most countries that are currently being industrialized or are in advanced phases of industrialization, also have characteristics of a post-industrial economy. On top of everything, in the epoch of globalization, all the countries are interdependent.The growth-poverty debate cen
Показать всеters round development strategies – strategies that look for policies that reduce poverty as they promote growth. It is true that countries that have grown faster have done a better job of reducing poverty like China and East Asia [1,40]. Some policies promote growth but have little effect on poverty; some promote growth but actually increase poverty. But “lose-lose” policies, policies for which there is little if any gain in growth but a significant increase in inequality (for many countries, capital market liberalization represents an example). Some policies promote growth and reduce poverty at the same time. They are called pro-poor growth strategies. Sometimes there are policies which are “win-win”, policies like land reform or better access to education for the poor, policies which hold out the promise of enhanced growth and greater equality. Land reform, done properly, peacefully and legally, ensuring that workers get not only land but access to credit, and the extension services that teach them about new seeds and planting techniques, could provide an enormous boost to output. Land reform preceded several of the most successful instances of development, such as those in Korea and Taiwan. Thus land reform represents a fundamental change in the structure of society. Besides, there are alternative strategies – strategies that differ not only in emphases but even in policies; strategies, for instance, which include land reform but do not include capital market liberalization, which provide the competition policies before privatization, which ensure that job creation accompanies trade liberalization. These alternatives make use of markets, but recognize that there is an important role for government as well. They recognize the importance of reforms, but that reforms needed to be paced and sequenced. Therefore, the success in Poland showed that development and transition are possible; some countries have met the success cases followed the alternative strategies (that were markedly different from the Washington Consensus policies): the limited success in Africa, for instance, in Uganda, Ethiopia, and Botswana, and the broader success in East Asia, including China.Furthermore, only global approach, provided by the powerful capitalist states can provide the alternative decision of the most vexed problem of the day: globalization – is it a curse or a blessing? Thus globalization has been the most pressing issue of nowadays. “We cannot go back on globalization; it is here to stay. The issue is how can we make it work” (Joseph E. Stiglitz, winner of the Nobel Prize in Economics). If globalization continues in the way that it has been in the past, if we continue to fail to learn from our mistakes, globalization will not only succeed in promoting development but will continue to create poverty and instability. Without reform, the backlash will mount and discontent with globalization will grow.Globalization is a powerful force that has brought enormous benefits to some; however, millions have not enjoyed its benefits, because of the way it has been mismanaged, and millions more have ever been made worse off. The challenge today is how to reform globalization, to make it work not just for rich and the more advanced industrial countries but also for the poor and the least developed countries.The International Forum on Globalization has developed a broad alternative vision for global economic rules and institutions which does not reject all international trade and investment. But rather than being viewed as ends in themselves, trade and investment should be seen as means for promoting ideals such as equality, democracy, good jobs, a friendly environment, and healthy communities. These are ten core principles for sustainable societies:New democracy. The principle of new democracy means creating governance systems that give those who will bear the costs the vote when decisions are being made.Subsidiary. Скрыть
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