The government allocated goods and resources and determines prices. ... However, there are so many ambiguous standards existed in Chinese government dominate industries. ... Some of them are retired from an important government position, so they have many personal relationships with the government organizations. ... Besides, government leaders change due to the period or tenure of the position. ... Although China has reform its economy for 30 years, communistic government may suddenly announce some new policies for protecting government's benefits but against the rules in capitalist free ...

• Word Count: 700
• Approx Pages: 3
• Has Bibliography
• Grade Level: Undergraduate

The Chinese leadership may very well make use of the market as a tool for the destruction of some "inefficient- state owned enterprises (that have acted as a drain on the government's revenues)--leaving the blame for any subsequent rise in unemployment to the impersonal market mechanism, rather than to conscious government policy. Restructuring the state owned enterprises is essential to the health of the Chinese economy, the success of the government and the status of the Communist Party. ... The Chinese feel a sense of betrayal from a government who once promised the "iron rice bowl-...

• Word Count: 1161
• Approx Pages: 5
• Grade Level: Undergraduate

This paper focuses on converting the Chinese working class into a dormitory labor regime. ... The rapid incorporation into the capitalist economy of the world has compelled the Chinese national government leaders to reverse their earlier policies that prohibited rural-urban migration. ... The deprivation of this right is justified on the basis that the migrants still hold their rural citizenship under the government's registration system referred to as hukou (Pun and Chan 181). ... The Chinese government denies the rural migrant workers the rights, which would make them less dependent o...

• Word Count: 650
• Approx Pages: 3
• Has Bibliography
• Grade Level: Undergraduate

Firstly by muting all international conflicts and geopolitical ambitions, China followed the examples of other newly industrialising economies (NIEs), giving priority to industries and sectors where limited government investments would produce rapid growth. ... The government introduced a phased program of removing price subsidies on consumer good, which allowed the market to determine the price of goods to spur economic growth and encourage consumption. ... Eventually on June 4 1989, the government called upon hundreds of tanks and heavily armed soldiers who were to spread death and destructi...

• Word Count: 2010
• Approx Pages: 8
• Grade Level: Undergraduate

Nations who seemingly cannot afford to be displaced are seeking forms of modernization to keep up with the global market, such as China. ... China, in its position as a world power, cannot sit idle as the rest of the world upgrades and updates into a faster and stronger market, but rather it too must now opt to renovate its antiquated ways of marketing. The mentality China holds, as do! ... Nations" governments (which are supposed to represent the people) overwhelmingly favor the global market as it does aid their economy so thus, globalization has extreme support and thus the ease to cont...

• Word Count: 562
• Approx Pages: 2
• Has Bibliography
• Grade Level: Undergraduate

Before the Renaissance, the civilizations of Western Europe were by far the most ignorant, uneducated, and unhygienic in the world, compared to the flourishing societies in India and China. ... Fully realized capitalism does not allow any regulation of any corner of the market (however, it should be noted that even in our modern capitalist regime, some industries are still controlled by the government, such as electricity). ... Therefore, capitalism would not truly flourish until relatively few organizations, governmental or otherwise, existed to regulate trade or prevent the setting of pric...

• Word Count: 2084
• Approx Pages: 8
• Has Bibliography
• Grade Level: Undergraduate

Democracy is not a government; it is a way of thinking, a responsibility. In a democracy, the citizens have the right to access documents and proceedings of the government, which allows for effective public oversight (What is Democracy). ... As a developing country, the People's Republic of China is a capitalist country however it is not a democracy. China's economy is driven by profit-maximising companies who operate in worldwide markets (Democracy and Capitalism). ... China's system proves that you can have capitalism without democracy but they can still be beneficial to each ...

• Word Count: 557
• Approx Pages: 2
• Has Bibliography
• Grade Level: Undergraduate

Such private enterprises can only thrive where government policies promote the idea of a free market so as to tap into the markets beyond a country's border (Dicken). ... So as to be more competitive, governments have embraced innovation in production and distribution of its home products. ... The final was the synchronized promotion of competition and openness by the international institutions and the leading governments (Cammack). ... The capitalist economy has increased the income levels of some of the countries that were most populous yet poorest (India and China). One significant eve...

• Word Count: 1750
• Approx Pages: 7
• Has Bibliography
• Grade Level: Undergraduate

Superpowers such as China now realize that fighting only leads to the downfall of their country and its economy. When the decision to invade Taiwan or not presented itself to China in 1996, economists advised the latter, claiming the invasion would, "stop investment in China, stop growth, stop [China's] last chance to catch up with the rest of the world-(258). ... Potential wartime governments have two options from which they can decide: either fight wars and risk losing international support, or make peace with adversaries and keep cash flow infiltrating steadily. ... Gone are...

• Word Count: 1058
• Approx Pages: 4
• Grade Level: Undergraduate

Neoliberalism can be perceived as an updated version of economic liberalism where it is believed that the success and organization of the economy should be at the hands of individuals and not by collective institutions or organizations like the government. ... In this book he criticized the idea of government intervention and regulation in economic matters and called for the elimination of such a system. ... In essences, liberating a free enterprise or private enterprise from any bonds/association imposed by the government no matter how much social damage this causes would later be the outcom...

• Word Count: 2010
• Approx Pages: 8
• Has Bibliography
• Grade Level: Undergraduate

Marxist socialism requires a strong government; an "enlightened dictatorship", and a strictly planned and controlled economy working in the interest of the whole community with emphasis on science, technology and industry. ... Indeed Marxist communism can be practised at a devolved level, in local communes or regional "soviets" as well as at higher levels of government. ... In China one of the last remaining Communist regimes, gradual changes are being introduced to create a capitalist, democratic state. ... If Marxist socialism was successful then why would China be making a retreat fr...

• Word Count: 757
• Approx Pages: 3
• Has Bibliography
• Grade Level: Undergraduate

The government lacks a role in enforcing justice for the bonded laborers and this is due to systematic economic class disparities. ... Douloti was taken into bonded prostitution and it was unaccounted for by the government, just as the bonded laborers in her village were unaccounted for. ... In the Philippines, the Chinese immigrants are part of what Chua calls the "market-dominant minorities"(6). ... The Chinese ethnic minority control the informal labor in the Philippines via the exploitation of the ethnic Filipino population. ... Millions of Filipinos comprise the "service sector of the glo...

• Word Count: 2299
• Approx Pages: 9
• Has Bibliography
• Grade Level: Undergraduate

Emerging Markets Index of Morgan Stanley's consists of Argentina, Brazil, Chile, China, Colombia, Czech Republic, Egypt, Hungary, India, Indonesia, Israel, Jordan, Poland, Russia, South Africa, Taiwan, Thailand, and Turkey. ... (Forbes) During the recession in 2008, world markets in developed countries experienced downturn but the emerging markets saved the global economy, mainly Brazil, India and China. ... Wall Street icons like Lehman Bros, toppled and required government bailouts. ... Brazil, Russia, India and China now outspend their counterparts in the US. ... Turkey an emerging ec...

• Word Count: 3134
• Approx Pages: 13
• Has Bibliography
• Grade Level: Undergraduate

Socialism is an economic idea that states the government or state should be in charge of economic planning, production, and distribution of goods. In other words, the businesses are owned by the citizenry and government, rather than by individuals. ... In Socialism, competition is not prevalent, seeing as there is no one to compete with, the government being the sole owners of any businesses. Apparently, this system has not been very well received according to Wei Luo of the Washington University of Law's Socialist Law in Transition Seminar (Fall 2001); the only countries that currentl...

• Word Count: 538
• Approx Pages: 2
• Has Bibliography
• Grade Level: Undergraduate

The government previously used to further the interests of the capitalists, would no longer be necessary. ... Leaders of the former Soviet Union and some Eastern European nations decided to abandon government ownership and control of the means of production because the system was unresponsive to the needs of the marketplace and offered no incentive for increased efficiency. ... China previously the world's other major communist economy announced that it would privatize most state industries. In privatization, resources are converted from the state ownership to the private ownership;...

• Word Count: 742
• Approx Pages: 3
• Grade Level: Undergraduate

The government previously used to further the interests of the capitalists, would no longer be necessary. ... Leaders of the former Soviet Union and some Eastern European nations decided to abandon government ownership and control of the means of production because the system was unresponsive to the needs of the marketplace and offered no incentive for increased efficiency. ... China previously the world's other major communist economy announced that it would privatize most state industries. In privatization, resources are converted from the state ownership to the private ownership;...

• Word Count: 746
• Approx Pages: 3
• Grade Level: Undergraduate

The next major cause of the Revolution was England's government policies. ... Communism is a system in which there is a classless society- without any government. ... Communism rained over the world in countries such as Russia which at the time was the Soviet Union and countries like China. ... The citizens knew the government was going to take action to fix this, and so they people had hope. These reforms changed the course of England's history and how the government was perceive by it's citizens and how the government should protect the rights of it's people. ...

• Word Count: 1719
• Approx Pages: 7
• Grade Level: Undergraduate

The process of economic development has been usually seen as a transformation from the rural agricultural sector to the urban manufacturing sector in developing countries. This process in the dual sectors is driven by labor transfers (migration) and capital accumulation. W. Arthur Lewis in his work on 'Economic development with unlimited supplies of labor' (1954) analyzed the labor market dualism and the structural difference between the subsistence sector and capitalistic sector in developing economies. The two sectors in the Lewis model are referred to as the subsistence and capit...

• Word Count: 4558
• Approx Pages: 18
• Has Bibliography
• Grade Level: Undergraduate

How do the American government and the wealthy of America profit from the country's evident financial inequality gap? ... The U.S. government should be present throughout all of this commotion; not only are the wealthy taking advantage of the lower and middle class but the government is not doing anything to fix this issue, yet there using tax payers money for social purposes. ... This quote illustrates how the U.S government is over abusing their power towards their own citizens simply to become wealthier and re invest the tax papers money in industries the government sees as profitable ...

• Word Count: 1662
• Approx Pages: 7
• Has Bibliography
• Grade Level: Undergraduate

Marx's theory of history is an account of the different stages of government through history. ... Governments should promote free trade and not interfere by protecting certain industries from competition. Smith says the governments only duty was to provide services such as the building of roads and schools that could not be lucrative. ... In these constitutional governments, only those who posse a certain capital are voters. ... Communism is a system of government, where the state plans and controls the economy and in authoritarian party holds power, claiming to make progress toward a...

• Word Count: 3577
• Approx Pages: 14
• Has Bibliography
• Grade Level: Undergraduate

As a result of economic globalisation, advocates propose that it no longer suffices to refer to goods as being American, British or Chinese and no longer appropriate to refer to economies as being German or Canadian but more appropriate to refer to a global economy, in which interdependent and interrelated economic relationships have developed, spearheaded by improvements in transport and telecommunications. ... According to this view, it makes little sense for America to produce textiles at home when they can be produced at a lower cost in Honduras or China (which unlike Honduras is a major ...

• Word Count: 3797
• Approx Pages: 15
• Grade Level: Undergraduate

During the same period, China underwent several transformations, which included opening up the economy to the west and increasing foreign investment. ... Even though the desire of the Chinese citizens to end the Communist regime and establish a democracy resulted in the government returning to its conservative roots, the revolution was a wake up call to the west to act against the oppressive acts of the Chinese regime. ... For example, it would be incorrect to label the Chinese economy as entirely communist because it is clear that it is opening up to the West. ...

• Word Count: 4711
• Approx Pages: 19
• Has Bibliography
• Grade Level: Undergraduate

Although we aren't dependent on Iraq for bartering currently, but once we overthrow their government and create a democratic country, then we will export their oil. ... The only debate that I have with Lenin's argument is if capitalism creates a world market, then how do we explain China, a country based on communistic principles, but it trades with every major country in the world and I would consider it an advanced country. ...

• Word Count: 961
• Approx Pages: 4
• Grade Level: Undergraduate

The government usually not allowed interfering in the work of private company. Government Organizations The government organizations are the most powerful of all organizations. ... There are many government organizations in UK. ... If the organizations work according to the government they can get benefit through government. They get economic as well as financial support through government. ...

• Word Count: 6987
• Approx Pages: 28
• Has Bibliography
• Grade Level: Undergraduate

It argues that globalisation is undermining the ability of governments to provide a legitimate social bond between governors and the governed. ... Early definitions also demonstrated an optimistic, progressive, modernist teleology exemplified in Kenichi Ohmae's McKinseyesque cartography of a borderless world in which the nation state becomes increasingly irrelevant.6 Globalisation becomes a 'normalising discourse' of power conditioning the policy responses of governments to the perception, if not always the reality, of global market integration. ...

• Word Count: 9082
• Approx Pages: 36
• Grade Level: Undergraduate