Entry of McDonald's Corporation into Communist controlled Soviet Union and China in 1990~The Cultural Aspect

Essay specific features

 

Issue:

Business

 

Written by:

Jennifer H

 

Date added:

January 28, 2011

 

Level:

University

 

Grade:

A

 

No of pages / words:

6 / 1501

 

Was viewed:

3084 times

 

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Essay content:

McDonald's is a powerful emblem of this emerging "global" culture, which is often referred to as the "McDonaldization" of society. Globalization through its espousal of economic integration, digital integration, its ever-widening connectivity of individuals and nations, and spreading of capitalist values is the very anti-thesis of the Soviet culture that was prevalent in the heydays of the Cold War...
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Prior to its collapse, the Soviet Union had the largest centrally directed economy in the world. The government established its economic priorities through central planning, and administrative decisions rather than the market determined resource allocation and prices. Likewise, Soviet culture was dominated by the government-imposed style of ?Socialist Realism', which repressed popular choices and the urge for self-expression...
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