Capitalism In America
Capitalism is the complete separation of economy and state, similar to the separation of church and state. The theory of capitalism is based on the private ownership of the means of production, which would equal a completely uncontrolled and unregulated economy where all land is privately owned, only an aspect of that premise is based on individual rights. Capitalism recognizes that each individual person is the owner of their own life and has the right to live it fully to their on personal manner and long as he doesn't dictate or violate others. The American South had a social system, which was distinct in many ways. There was an economy relative to the region, where class structure and a system of racial difference which caused the South to become unique to the rest of the nation. Historians such as James Henretta have said that Capitalism was the cause of all evil within the American South. American Capitalism defined by Max Weber is " a greed forgone", and "acquisition by force, ... whether directly in war or in the form [of] exploitation of subjects". This type of lifestyle within a growing nation could not work with the gentry class which was moving into the region unless there was people to do
Another example of Capitalism is the Monopoly of the Microsoft Company ran by multi-billionaire Bill Gates. What first must be determined is the object of the question, "How dangerous is Microsoft." There exists two chief entities as the object of the question -- that of the consumers of Microsoft's products and that of Microsoft's competitors. A distinction must be made between these to groups when answering such a question as the one queried above. For these two groups are on opposite sides of one spectrum concerning the power and consequent danger commanded by the powerhouse Microsoft in their deals with one side or the other. Whether a decision or action made by Microsoft is beneficial or not to one of the two does make it the true for the other. Often times quite the opposite is true. In fact most consumers barely regard Microsoft as dangerous from their viewpoint; as Microsoft's ever-growing influence and affluence has only made, what the consumers see as superior, their product that much more affordable. Cries of monopolistic abuses and that Microsoft unfairly exploits its ownership of the personal computer operating system have been voiced by competitors (if surely they can be considered competitive) of this technological authority. The foremost issue as to the danger the Microsoft Corporation presents to its competitors within the PC software industry is Microsoft's ownership of the base operating system, MS-DOS, of all the PCs on the market. In addition, Bill Gates, the founder and chairman of Microsoft, has done an outstanding job of hiding it behind his company's Windows software (How dangerous is Microsoft? Economist 7/8/95). Working together MS-DOS and Windows have become all but standard in four-fifths of personal computers on the market. Because of Microsoft's dominance in these two areas of personal computing the company receives an advantage that is essential in determining the danger Microsoft exhibits toward their competitors. The virtual monopoly that Microsoft possesses over the operating systems and subsequent graphical interface divulged by its ownership of the respectable modules MS-DOS and Windows. Bill Gates tightened his grasp on the industry through an ingenious deal he made with PC Producers. In the contract, Gates is guaranteed payment for every computer shipped, regardless of whether or not his operating system was installed in the computer. Thus, without paying double, the manufacturers could not install another company's operating system -- therefore Microsoft was awarded a near monopoly. The title to these two programs, especially Windows, provides Microsoft with an unrestrictive and exclusive median to promote, feature, and offer its programs. Offering its programs as pre-installed applications of Windows software allows Microsoft to seize a large portion of the software market, especially in the word-processing and spreadsheet division where Microsoft presents its Word and Excel programs. These two applications have been incorporated, along with others, into a package known as Microsoft Office. With this program, Microsoft has captured ninety percent of the that market by charging less for the package than for a single word-processor of a competitor. Furthermore, because Microsoft controls the operating system of the PC, its competitors must render their applications and software compatible with the parameters contrived by Microsoft. Consequently, these competitors must always at the mercy of changes made by Microsoft. This limits the ability of these companies to plan for the long run. As stated by Gary Reback, the attorney for the competitors of Microsoft filing a suit against the corporation, Microsoft retains a monopoly of the operating system in personal computers, which, essentially, is the brain. This "brain" controls the arms and legs of the computer (software) and inherently controls the arms and legs of the industry that are the competitive firms. Reback, the firms, and many othe
Some common words found in the essay are:
Bill Gates, Postal Service, Lewis Gray, Gary Reback, Tension Slaves, Microsoft Corporation, Marshall Victorian, Max Weber, PC Producers, Microsoft Network, postal service, operating system, bill gates, slave labor, danger microsoft, united postal service, social system, windows 95, microsoft corporation, microsoft dangerous, market system, monopoly postal service, controls arms legs,
Approximate Word count = 2962
Approximate Pages = 12 (250 words per page double spaced)
|
