One of the most significant criticisms that capitalism has faced is that it has destroyed culture. The question being asked is whether it is right to allow this destruction of culture for economic benefits. It becomes a cause of concern if this question comes from political observers as well. Most people today support open and …
There are several industries that have accelerated climate change. What’s even worse is the fact that they know the dangers of it. Environmental pollution is at an all-time high today. More animals have been placed under the category of endangered species. Industrial wastes that are inadequately treated continue to pollute the water sources and air. …
5 Industries That Cause Maximum Harm to the Environment Read More »
Often, we don’t think about the generations yet to come when we talk about the recent crises. We don’t know how long humanity will continue to exist on this planet. This is because there are certain existential risks that can wipe out the entire human race. However, not everyone has shown such ignorance. Nostradamus and …
Humanity is in the middle of a great transition at the moment. Our natural surroundings, our society, and our economy are all going through significant changes. We are gradually realizing how important nature is for us. Many capitalists are also beginning to realize that being in harmony with nature is necessary for their long-term existence. …
Hannah Arendt, an author and political philosopher, had warned everyone about the effects of technological advancements. She had, in a way, prophesied how humans could use them to consume the world. In recent times, we’re experiencing mass consumption and seeing the truth in Arendt’s words. Consumerism is a socio-economic behaviour of consuming beyond the needs …
In recent times, the behaviour of people is greatly influenced by the media. Today, with a few clicks, information can spread across the world no matter how true or false it is. Often, the information is merely some gossip. Such types of information can ruin relationships in many ways. These relationships are the ones between …
Understanding the Influence of Media on Our Society Read More »
Under federal law, the native Indian tribes of America are considered sovereign nations. They have settled on reservations located within the borders of a state. These tribes have been given more control over their activities for economic development. However, some began operating gaming facilities over a period of time. Such establishments have come under conflict …
For a couple of centuries, capitalism has progressed to a great extent by exploiting the environment. Nature has been seen as an inexhaustible resource by many of the capitalists. On the other hand, they’ve also treated nature as a dumping ground. Today, our planet’s ability to endure this destructive progress of capitalism is slowly reaching …
How Capitalism is Gradually Destroying the Environment Read More »
Capitalism was born in the late 18th century in Europe. The effect of this form of the economic system on society has been an issue ever since. It has also led to some great discussions on the pros and cons of capitalism. There’s no denying that it has been beneficial to humans and the economies …
Capitalism is a system of economic organization. In this system, private ownership of property, free enterprise, and competition prevail. Goods and services are distributed among the buyers based on their ability to pay. When the demand is high, prices would increase for more profit. New firms also enter into the industry upon sensing the existing …
