Capitalism and Socialism Term Paper Example | Topics and Well Written Essays - 750 words

Capitalism and Socialism - Term Paper Example Petras (2004) says that the debate between socialism and capitalism is still pressing and he even claims that the battle of ideas has begun to intensify. Petras (2004) continues that the social indicator show that the real capitalism is considerable worse than the full employment and steady employment rates that existed during the socialist period. Another author Bala (2009) argues that critics of capitalism describe it as unfair and distribution of wealth and power. Capitalist economic system has the tendency to create market monopoly or oligopoly. Bala (2009) observes that capitalism can also lead to imperialism, various forms of economic and cultural exploitation. An example of this kind of exploitation is the outsourcing business. U.S companies have discovered that Indian engineers for example can handle the production as professionally as any U.S specialist, however price twice as lower. Thus, many corporations outsourced their business to India and Chine in an attempt to cut co sts. Critics of capitalism argue that the imperialism which is associated with this system can also establish social alienation and inequality. Bala (2009) quotes such statements expressed by many socialists as irrational, because the economy has no direction and is unplanned, consequently it can create internal contradictions and inconsistencies. Over the last 20 years the countries from the former Soviet Block in Eastern Europe are trying to transit from socialism to capitalism. All basic industries from energy, mining, communication, trade to infrastructure have been taken over by private corporations. However, this transition and privatization do not seem to reflect the capitalist ideas and many countries from Eastern Europe are not swept by massive unemployment, gang groups, uncontrollable migration waves, relative economic instability, money laundring and illegal transfers. Bala (2009) poses that socialism is mainly criticized, because it is incompatible with civil liberties and it political model is not efficient with the general social, human performances. Friedrich Hayek (cited by Bala 2009) argues that a socialist economy can not adequately communicate the information about the productive quotas due in most cases to shortage in price mechanism. Furthermore Hayek (cited by Bala 2009) debates that the social control over the distribution allotment of wealth and private property preached by socialists can not be accomplished without a considerable reduction in prosperity and loss of economic and political freedom. This statement is proved by the Soviet Union socialist satellite countries which after the fall of the regime seem to have been lost in their attempts to revive their economies. Another negative aspect of the socialism is that it creates authoritarian regimes. All sectors of the economy are operated by the one personality usually the head of the state. The supporters from each of the commented economic systems argues that life is more satisfactory under their preferred system. Vivier (2003) says that capitalists refuse to agree that imposing capitalists values and economic doctrines on the "Third World" countries, only made their economic status worse. It increased their misery and poverty and the labor force was directly pushed into the hands of Western industrial capitalists. The capitalists values

Change is a feature of modern life; discuss and critically analyse how Essay

Change is a feature of modern life; discuss and critically analyse how a nurse can manage change in order to deliver effective patient care - Essay Example The presentation of current conditions regarding the above issue is also followed with views of literature on the specific subject with an effort to choose and evaluate the most appropriate model for the presentation of the nurse-patient relationship as been formulated under the influence of change in the internal and the external organizational environment. Change management is the process [1] of developing ‘a planned approach to change in an organization’. In this context it can be assumed that its main objective is ‘to maximize the collective benefits for all people involved in the change and minimize the risk of failure of implementing the change’. For the above reasons, it has been found that the discipline of change management ‘deals primarily with the human aspect of change, and is therefore related to pure and industrial psychology’. There are several theories referring to the role and the structure of change management, the most known of which is that of Lewin. Lewin’s theory of force field analysis (Lewin 1951) is widely used in change management and can be used to help understand most change processes in organisations. In force field analysis change, is characterised as ‘a state of imbalance between driving forces (e.g. new personnel, changing markets, new technology) and restraining forces (e.g. individuals fear of failure, organisational inertia)’. Moreover, in order to achieve change ‘towards a goal or vision three steps are required: Third, once the change is complete the forces are brought back into quasi-equilibrium and re-frozen’. The above theory although explains the role of secondary forces in an organizational environment does not offer an adequate explanation regarding the criteria on which the ‘frozen, de-frozen’ procedures are going to be based. Moreover, it has been