Politics, Economics, And Culture - 1089 Words

The fundamental social question of our age is what will be the ways in which societies reconcile the disproportionate distribution of wealth in nations. Especially with regard to its effects on politics, economics, and culture. Already, this inequality produces an aristocratic class who influences public policy. This influence leads to economic conditions impoverishing the citizenry while enriching the elite. The elite uses this accumulated power for their own interest instead that of society. As a result, contemporary democratic states devolve into aristocratic states managed by oligarchs. Through the latter part of the twentieth century and onward, economic elites have established policies that benefit the wealthy. Whether by lobbying or contributing to political campaigns, the upper class can have sway over a nation-state. Empirically, it is shown that the majority of Americans has little influence, in contrast to the wealthy elite that predominate policymaking (Gilens and Page 577). As such, policies of deregulation, privatization and free trade can proliferate under the reign of one group. Furthermore, there are reasons why the wealthy attained their power. The reasoning behind is the rapid accumulation of capital by the rich, In Capital in the Twenty- first Century, Thomas Piketty asserts that â€Å"the rates of return on capital exceeds the rate of growth of output and income, as it did in the nineteenth century and seems quite likely to do again in the twenty-first,Show MoreRelatedSamsung Electronics And Its Impact On Economic Development, Politics And Culture1326 Words   |  6 PagesABSTRAT Nowadays Samsung Electronics is a South Korean multinational company that produces a wide range of electronical equipment. In South Korea, the company has a paramount influence on economic development, politics and culture. However, Samsung also has a huge power in the worldwide terms. The revenue that the company earns every year is impressive. At the same time, the whole world may take advantages of Samsung’s products using them. Today Samsung Electronics is globally recognizes as a producerRead MoreAnalysis Of Terence Mcdonough, Ireland A Colony? Economics, Politics And Culture1192 Words   |  5 PagesTerence McDonough, Was Ireland a Colony? Economics, Politics and Culture in Nineteenth-Century Ireland (Dublin, 2005) Post-colonial theory has still prevailed in Irish literary and cultural studies for some time. New perspectives are coming up in the spheres of history and economics. Lately, there has been a great need for the analysis of the entire history to come up with effective ways for persons to clearly understand the history of Ireland. The nineteenth century Ireland is still in a dilemmaRead MoreCold War Influences on American Culture, Politics, and Economics2221 Words   |  9 PagesFollowing World War II, Europe was in ruins. Between bomb damage, economic downturn, and natural disasters such as droughts and blizzards it seemed nearly impossible to restore Europe to its prior greatness. America facilitated the recovery of Europe with military and financial aid and helped prevent the spread of communism. This aid crushed the Soviet dream of a communist Europe and started the Cold War. Over the next 45 years, the United States and the Soviet Union would resemble two angry womenRead MoreIs G lobalization a Good Thing? Discuss with Reference to Either Culture, Economics or Politics.1467 Words   |  6 Pagestechnology. This process has effects on the environment, on culture, on political systems, on economic development and prosperity, and on human physical well-being in societies around the world. In this essay I will use culture as reference to discuss the above question. I will look at the Globalists ( positive and the pessimistic globalists ), Inter-nationalists and the Transformationalists view points of how globalization affects our culture. The term globalization is often used in the sense toRead MoreJapanese Politics, By Takashi Inoguchi1508 Words   |  7 PagesInoguchi’s latest publication, Japanese Politics: An Introduction, one of the foremost political scientists in Japan, Takashi Inoguchi thoroughly delves into two decades of Japanese history. The first period 1983-1993, and the second 1994-2004 sandwich the fall of the 1955 political system and era of one party dominance. There is a unique perspective that the author is able to provide due to his tenure as a professor of political science in the Institute of Oriental Culture at the University of Tokyo as wellRead MoreGlobalization : The World Of Politics And The Human Population1648 Words   |  7 Pagesglobalization has great purpose for bring people together and sharing ideas however, it has effects on the environment, culture, the economy, politics and the human population (Globalization 101). Globalization has effected the environment due to human p roductivity; cars, technology, mining, farming and the advancements of different products. Globalization has effected culture due to the diffusion of ideas, beliefs and values around the world extending the social relationships with people aroundRead MoreHow Physical Cultural Has Made A Significant Impact On The Societal Dynamics Of The United States1561 Words   |  7 Pagesimpact in the societal dynamics of the United States. According to the lectures in class, physical culture identifies with the dynamic window into politics, economics, gender, race, class, ideology, and religion. Former president of the International Olympic Committee, Avery Brundage stated, â€Å"sport, like music and other fine arts, transcends politics... We are concerned with sports, not business and politics.† Recently, the San Fransisco 49ers starting quarterback Colin Kaepernick kneeled during the nationalRead MoreEssay Nations Should Promote Globalization, Not Localization1078 Words   |  5 Pa gestrends in international politics today. Globalization is the spread of peoples, activities, norms, ideas, goods, services, and currencies from one area of the world to another. (Rosenau 15) Localization is the narrowing of horizons and the confinement of peoples, activities, norms, ideas, goods, services, and currencies to a particular geographic area. (Rosenau 16) Globalization and localization affect the world’s countries in three main areas, politics, economics, and culture. Both globalization andRead MoreTaking a Look at Political Culture1395 Words   |  6 PagesPolitical culture has been a popular concept over the years, and has consisted of assumptions about political societies around the world. It is expressed as a system of shared beliefs and values which defines the situation in which political actions take place by ‘forming a particular pattern of orientation’ (Elkins. D and Simeon, R. 1979). It provides meaning and structure to the political spher e and is also a reflection of government practices which incorporates elements of history that predateRead MoreTexas’ Individualistic and Traditionalistic Culture: The Impact these Ideologies have had on Texas State Government and the Reasons People Support t1019 Words   |  5 Pages resulting in seven different constitutions within a span of fifty years between each document. The people of Texas are diverse and carry their â€Å"big can-do attitudes and accents† (Pearson); making Texas a bigger than life state. The political culture of Texas is impacted by two different subgroups of individualistic and traditionalistic characteristics. The combination of traditionalism and individualism has had a huge impact on the state and Texas’ seven different constitutions. The shift