The Meaning of Work

Two of the world’s most popular and diverse economic systems are Communism and Capitalism. Capitalism, or a free enterprise economy, is an economic system constructed by the freedoms of the marketplace. The capitalist economy has several promising advantages. The capitalist government subtly changes and adjusts to the current conditions with ease. A communist system can be defined as an economic system where many, if not all, factors of production are controlled and owned by the government.

Karl Marx believes that a capitalistic society separates the rich from the poor. corporations that holds the money hold the power to dictate whether certain fucntions of society.

The major difference in the different economies would be the government’s role. In a capitalistic economy there is a very limited role of the government. Capitalistic economies rely on the invisible hand, a term created by Adam Smith, to keep the economy in check.

The Free Enterprise System allows individuals to have a chance of becoming successful in life. Free enterprise, also known as capitalism, is an economic system where the individuals in the economy have the freedom to participate in the business world without government intervention. The system has made many prosperous. An example of a wealthy person succeeding from this system is Andrew Carnegie. The Free Enterprise System is necessary in the business world.

Free enterprise is an economic system in which a private business operates in competition and largely free of state control. In the movie Roger and Me free enterprise

The main goal of capitalism is to create profit. Capitalism values private ownership of property and discourages government intervention in the economy. Cultural misconceptions have suggested that capitalism is bad because it has lead to a large separation of wealth from the wealthiest individuals in a nation. The separation of wealth is not a misconception but I believe that blaming capitalism and wealthy individuals for societies economic woes are. I also do not believe that socialism is a bad thing either. I believe that both capitalism and socialism have a place amongst our society however I would lean towards capitalism because of an emphasis on utilizing resources to create more consumer goods where as socialism emphasizes evenly distributing resources.

Another name for free enterprise is free market. This type of economy is an economic system in which private businesses operates in competition and largely free of state control.

Capitalism is defined as “an economic and political system in which a country 's trade and industry are controlled by private owners for profit, rather than by the state” (Oxford Dictionary 1). There has been a longing to find a balance between this and socialism. The laissez-faire is the commonly known economic idea of a government refraining from interfering in the free-market in order to allow the people to control their own means of production and selling of goods. This seems to be ruined by the over-regulation of the economy by the government because much of the US economic benefits rely on the free market. Also, capitalism allows for people to voluntarily take part in making their own wealth. Without this, competition among businesses would be gone and

Capitalism is an omnipresent system that has taken on many unique and defined forms throughout its existence. While capitalism comes in a variety of disguises, one thing about capitalism has always remained the same – the nature of its selfish being. Capitalism thrives on hard work. Individuals that work hard will undoubtedly be rewarded. On the contrary, those that are not able to work are left in a dreadful predicament. Even with two distinct versions of capitalism – plain capitalism and democratic capitalism – both involve the necessary component of free enterprise. Capitalism considers free enterprise something to be achieved individually with rewards intended for just oneself. Adam Smith came along and challenged that notation

1. Definition- is an economic and political system in which the economic market is controlled by private owners and not the government

Karl Marx developed his theory on class division by suggesting that all societies have two major classes, a ruling class and a subject class. The ruling class owned a means of production such as land or capital, whereas the subject class did not. Marx argued that this leads to the ruling class exploiting the subject class. The ruling class use a superstructure of the legal and political systems to justify its position and prevent protests by the subject class. In capitalist societies the main classes are the bourgeoisie (capitalist) and the proletariat (working class). In these societies the bourgeoisie exploits the working class through wage labour. The capitalists pay wages to the workers, but make a profit because they pay the workers less than the value of what they produce. Capitalism is the newest type of class society but it will also be the last. Eventually it will be replaced by a communist society in which the means of production

Work is meaningless. This is only true to some extent, as it is a half truth. The meaning or lack there of with work is determined by where we fix our gaze in this life. To the non believer work is life and life is wrapped up in work. Their satisfaction, joy, fulfillment, sadness, anger, and so many other emotions all center around their performance in the workplace. As the Bible states work is to be our toil and painful labor.

Capitalism is the more morally adequate system because it values the individual liberties of each man above the power of a centralized government. In theory, Capitalism is the ideal economic situation because it enables, as Smith argued, the competitive free market to keep one another in check and gradually increase the standard of living. It is under capitalism, that true social justice is achieved, where individuals are rewarded based upon their labor, while it is socialism which suppresses the potential of individuals. Theoretically, Capitalism gives more power to the individual and enables individuals, not necessarily grants, but enables all individuals the pursuit of happiness. It is far more preferred to live a life of poverty and hold sovereignty, than a life of wealth, but as a

Capitalism is another way saying that as a whole, individual people make better and more well-informed decisions than government can. When people given a free choice, people will make good decisions on what they buy. Like buying a home, car or any other investment. Marxism thinking in a way that capitalism ultimately resulted in businesses becoming increasingly larger and oppressive, and they would ultimately concentrate wealth to a fortunate few, who would essentially enslave all others.

Concept of capitalism can be difficult to understand. It is commonly identified by economist and political philosophers as a system in which the means of production are privately owned and operated in the free market in exchange for a profit (Galbraith, 1952). The economical/social system determines the structure of production, the allocation of inputs and outputs, and consumption of goods. Capitalism remains popular in America because it values freedom, much like the people in our country. This is true because it allows individuals to set their own plans and pursue their own goals; in addition, one can decide what career they would enjoy most, thus creating an incentive and reward for achieving ones ambitions. In a free market, everyone