1. The Rise Of Capitalism And Western Dominance
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