M12 and M13 Video Investigation
M12 Video Investigation
What type of economy does Marx propose/support?
Karl Marx, a German Philosopher, proposed a society that lacks ownership, one that all members are equal. He thought of a community where people share all the resources equally, and only partake what they need. Marx introduced this theory as communism, which is against the policy of capitalism, where every person fends for themselves. Karl Marx thought communism is a utopia that is the destiny of humanity; he mentioned that historical development could be brought to an end as a result of conflict arising out of relation to material goods. Marx is for the idea of production for survival, which allows people only to produce what the need and not for everyone else, unlike capitalism, where the production of material goods is done by specific people who exploit the laborers by making profits out of their efforts. Marx’s strategy for political economy offers an evaluation of capitalism according to its recorded, social, and material establishments. It adds to comprehension and clarifying the nature and working of capitalism, which he is against; this type of economy is the one that is vouched by Marx.
What problems are associated with a capitalist/market economy?
A capitalist economy brings about challenges to the society, some of which include human frailty as capitalists have become greedy and focus on maximizing profits against all the odds. Capitalist ideologies have also led to the failure of establishments globally; Institutional failure has led to the breakdown of various establishments, which calls for reconfiguration. The belief that markets are superior and efficient has also misled individuals. This obsession has chaired towards financial instability within institutions as Minsky contends that money-related emergency is indigenous to capitalism since times of monetary thriving urged borrowers and loan specialists to be continuously careless (Sébastien 427). Cultural differences across the world also contribute to capitalism, where individuals tend to dissociate themselves where the acts of capitalism are evident and would blame those suffering from it. There has been an excess of regulations and standards that are unfit; failure of policy is a result of widespread capitalism.
How does capitalism have a global reach?
Capitalism came from Britain to China; it further maneuvered from Norway to Africa during the Roman realm. However, not long enough, capitalism had its roots in each continent in the world; however, the expense and time of moving merchandise kept trade at low levels. The need for a continually expanding market for items pursues the bourgeoisie over the world’s whole surface. It must settle all over the place and build up associations all over. Capitalists needed to get raw materials for the production of goods and make the most out of them. At the same time, they needed more people for labor, which led to colonization in Africa and Asia. Whenever the capitalists faced a hurdle, they would instead move geographically to a different area to overcome their hardships; this led to the expansion of the industrial revolution to various places in the world.
M13 Video Investigation
People usually tend to categorize other people on a sexual basis at the first impression as either male or female. Such is common in almost all states, and all over the world, little do we know that this is discrimination, especially when one encounters an androgynous individual. These individuals have suffered for quite long in the U.S. since the country had always acknowledged only two forms of gender, unlike other countries. It hurts when people categorize you without any evidence of the autonomy form or behavior since some people are born with both sexual organs. Some nations have adjusted to include the third gender, transgender, and have modified their rights too to accept these individuals. Let us recognize any person who may not be explicitly categorized as either male or female.
Gender-based roles have also attributed to segregation; his brother discriminates Mary Tyler Moore for being a driver since driving was defined as a task for males. Another instance is when Mary got a job as a news presenter and was being paid $50 less than her predecessor, who was male (Couric). In the lecture on introduction to sociology, the professor states that gender is a learned, socially constructed notion of masculinity and femininity. Transgender people exist and should not be discriminated against since it is a traumatic experience. Individuals tend to identify gender with certain behaviors, such as sitting, walking, dancing, and dressing. Today, people can dress the way they feel comfortable, sit in any way, or dance anyhow as long as they are having fun. Maddison was borne with qualities of both male and female. She had a womb and ovaries as well as a phallus, a condition known as C.A.H. She lived her life as a female. There have been more cases like hers, but the most important thing is to accept people as they are and incorporate them into society and make them feel part of the community with a role to play like everyone else.
Works Cited
Charles, Sébastien. “Is Minsky’s financial instability hypothesis valid?” Cambridge Journal of Economics 40.2 (2016): 427-436.
Couric, Katie. Gender Revolution: A Journey With Katie Couric. 2017, https://www.facebook.com/katiecouric/videos/10154790608436005.
R.S. Animate. The Crisis Of Capitalism. 2020, https://www.youtube.com/watch?v=qOP2V_np2c0&feature=emb_title.
Wisecrack. Karl Marxio Bros. 2020, http://youtube.com/watch?v=Vz3eOb6Yl1s&feature=emb_title.