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What Kind Of Capitalism Do We Want
Essay specific features
Written by:
Bobby F
Date added:
July 24, 2014
Level:
University
Grade:
A
No of pages / words:
5 / 1370
Was viewed:
4391 times
Rating of current essay:
Essay content:
I will then discuss what kind of capitalism we want: We being different interest groups, such as the shareholders, the C.E.O.'s, the average worker and the poor. Finally I will discuss what values might be at stake in capitalism.
The evolution of capitalism
In the U.S., the 1930s Great Depression threatened to destroy the capitalism that had been evolving for the past 400 years and this led to abandoning the laissez-faire capitalism and instead embracing the New Deal concept of government-managed capitalism in order to control money supply and government expenditure, and in order to limit the increasing gap of inequality of income...
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The 1950s and 1960s were decades of equality, but the energy crises of the 1970s forced the government to kick start the economy imposing new taxation benefiting the rich and once again causing widening inequality. Today, capitalism is the predominant economic system of the Western world, in its' however various forms: In the U...
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