Capitalism is an economic system that involves laborers who help produce and sell the supply that is within the ‘free market’. Three main parts of capitalism is the land, labor and the capital. The land represents the natural world; everything one would use to make stuff—out of raw materials. Labor is the all of the work necessary to produce and sell the product. Capital is the money or tools used to make profit. Supply and Demand play a role in which supply is produced by the laborers, land and capital and is sold for any price, meanwhile the amount of supply stays the same. Demand is the amount of products purchased by the consumer, at all prices. The process of supply and demand is the profit motive to invest money through private ownership where goods and services are distributed.
In society, Capitalism plays a positive role, in most situations, where competition occurs upon certain companies, such like Microsoft and Apple. Although capitalism does introduce free market, competition does not necessarily allow free market, thus it is not exactly capitalism, or is it? Competition creates an opportunity, for most companies, to expand and make money. Globalization, a comparative advantage, is a process that allows companies to trade and work for other countries across seas to make even more money then they would usually make in the states. However, it is kind of a downfall towards the American community for the simple fact it gives American citizens less opportunity of having or job and having money within the American community. Although Capitalism may benefit most monopolies, in some way it creates a disadvantage towards others, especially companies below the monopolies, when trying to make money.
Monday, October 27, 2008
Friday, October 24, 2008
AWOL - Homework October 23, 2008 - I, Pencil
Message:
I, Pencil explained how the natural resources from the land to make a pencil should be left alone and to teach others about 'the act' upon making a pencil. Making a pencil is not only made out of 'wood', 'lead', 'metal' & 'the plug', also known as the 'eraser, but as well with the many workers and the process that the laborers need to go through in order to make a simple pencil. The message is to free those who make so much effort into providing the materials for just one pencil and to allow others to understand the struggle people go through to make the pencil; the 'know-hows compared to the non-know-hows".
Quotes:
#1
"There motivation is other than me. Perhaps it is something like this: Each of these millions sees that he can thus exchange his tiny know-how for the goods and services he needs or wants. I may or may not be among these items."
#2
"I, Pencil, am a complex combination of miracles: a tree, since, copper, graphite, and so on. But to these miracles which manifest themselves in Nature an even more extraordinary miracle has been added: to configuration of creative human energies--millions of tiny know-hows configuration naturally and spontaneously in response to human necessity and desire and in the absence of any human master-minding!"
#3
"Now, in the absence of faith in free people--in the unawareness that millions of tiny know-hows would naturally and miraculously form and cooperate to satisfy this necessity--the individual cannot help but reach the erroneous conclusion that mail can be delivered only by government "master-minding."
Analysis:
In quote #1, I thought it was significant to understand that laborers do not go out of their way just to make a pencil because they want to make a pencil. Laborers go out of their way because they need to make a pencil. Situations like this often has a worker involved in "the dark method" where the laborer works much more, but gains less amount of money for how much he/she has worked. In relation to quote number three, the narrator gave an example about a mail man and his involvement to mailing all of these letters. The narrator tried to compare the workers who make the pencil, to the mail-man in order to explain that government, who is 'on top of it all', that is controlling most of the manufacturing and allowing this kind of labor to happen whether its from making a pencil or delivering all the mail.
I, Pencil explained how the natural resources from the land to make a pencil should be left alone and to teach others about 'the act' upon making a pencil. Making a pencil is not only made out of 'wood', 'lead', 'metal' & 'the plug', also known as the 'eraser, but as well with the many workers and the process that the laborers need to go through in order to make a simple pencil. The message is to free those who make so much effort into providing the materials for just one pencil and to allow others to understand the struggle people go through to make the pencil; the 'know-hows compared to the non-know-hows".
Quotes:
#1
"There motivation is other than me. Perhaps it is something like this: Each of these millions sees that he can thus exchange his tiny know-how for the goods and services he needs or wants. I may or may not be among these items."
#2
"I, Pencil, am a complex combination of miracles: a tree, since, copper, graphite, and so on. But to these miracles which manifest themselves in Nature an even more extraordinary miracle has been added: to configuration of creative human energies--millions of tiny know-hows configuration naturally and spontaneously in response to human necessity and desire and in the absence of any human master-minding!"
#3
"Now, in the absence of faith in free people--in the unawareness that millions of tiny know-hows would naturally and miraculously form and cooperate to satisfy this necessity--the individual cannot help but reach the erroneous conclusion that mail can be delivered only by government "master-minding."
Analysis:
In quote #1, I thought it was significant to understand that laborers do not go out of their way just to make a pencil because they want to make a pencil. Laborers go out of their way because they need to make a pencil. Situations like this often has a worker involved in "the dark method" where the laborer works much more, but gains less amount of money for how much he/she has worked. In relation to quote number three, the narrator gave an example about a mail man and his involvement to mailing all of these letters. The narrator tried to compare the workers who make the pencil, to the mail-man in order to explain that government, who is 'on top of it all', that is controlling most of the manufacturing and allowing this kind of labor to happen whether its from making a pencil or delivering all the mail.
Sunday, October 12, 2008
AWOL - Assignment #3 - Final Draft
American Way of Life – Final Draft Assignment 3
Melanie Dionisio
October 12, 2008
Is the American way of life fragile or sturdy? For most Americans, and their way of life, find their way of living non-negotiable. One can agree that their American way of life is to strive to be successful and to make money; a positive way of living by benefiting one’s self. However, it is often that people view the American way of life negatively as well. Usually one complains about the government, like Anthony, a middle-class teen, explained that the American way of life is to “stabilize America’s economy and the social issues concerning the war in Iraq.” American citizens go out of their way to not only survive in society, but to also clean up the government’s “dirty work”. In any given situation, “Americans try to help themselves, but by doing so, they are hurting other people in the process.”
Other than the government, a middle-class Asian mentioned how the way of living in the city alone is different, in comparison to those who live in the suburbs. “The American way of life in the city is career oriented, while in the suburbs, the way of living is more family oriented.” Geographically speaking, a person’s way of living is different in a certain household. And their way of living is the way he/her survives in American society. He says that “in the past, the American way of living was for families to immigrate to the states and to live freely.” Now, “Most people are working hard for money, usually taking the money they make for granted.”
One of the good aspects about the American way of life is the “opportunities one has when trying to pursue a career, or dream.” In comparison to those who live in third world countries, the American way of living would consider to be a ‘great’ way living, in terms of having a job and providing for him/her self. The Asian male added that he “feels lucky, in a way, to be able to walk outside freely.” With that being said, he added that “people sometimes abuse the American way of life by taking advantage of the materialistic things”. People do not realize how gifted they are in America, while others are actually struggling in other parts of the world, which would consider to be a bad aspect of the American way of life.
Another bad aspect about the American way of life is the way Americans are “fueled by the media”. The same Asian male argued that the American way of life “is relied on the media, and how it is sudden that hip-hop became a new ‘culture’ opposed to being Asian, Hispanic, or other ethnicities.” In each culture are certain morals, while in the new culture of hip-hop persuades one to ‘brand’ his/her self with expensive clothing. The ‘moral’ of the hip-hop culture is to think about how you carry yourself, to impress others of what you have, while other cultures are morally involved with family and religion.
A person familiar with the hip-hop culture is a Hispanic teen who explains that the American way of life involves three things, “Money, power and respect.” In his opinion, he finds that having respect by gaining a ‘title’ in society, or among friends, will help one survive for being known for what they do. Money and power are similar in ways that the more power one has, the more money he/she receives for having that kind of power. The Hispanic teen adds that it is some what of a privilege to have the power, the ability, to do something he/she is good at and get paid for it, and it is likely that after one gets paid, it is priority to provide for others whether it is for family or friends, before one’s self. In most cases, in society, money does buy happiness, only when it involves food, shelter and education—a good aspect about the American way of life.
However, the Hispanic teen leaned more toward the bad aspects of the American way of life by explaining how it is more of a racial issue to survive in America. He said that the ‘white man’ in society usually is viewed to have more power than the ‘black man’ who strives to be as successful as the ‘white man’. It is difficult in most situations when a black-male, or female, is underestimated for what he/she does, because of the color of their skin. Though laws have been passed against discrimination, unfair judgment still exists today, even outside of working class citizens.
Aside from defining the American way of life, I asked the same people whether or not they lived the American way of life. Among the three people who answered the previous question, two of which agreed that they do while the Asian male said he would like to distant himself from living the American way of life. He felt that although he has many privileges in America, the way of living does not seem to be as ‘great’ as most people may view it. He thought that it does not seem to be a great way of living when people in America are taking the things that are easily given to them, for granted.
Meanwhile, both Anthony and the Hispanic teen feel that they do live the American way of life for the simple fact that they are young adults living in the country. Who is to deny the American way of life, while living in America? America has opened a wide range of jobs for people to work and places for people to live. There are many organizations, public and private, that provide for those who need help, which supports one’s needs.
Though America does have a bad image when it comes to the media and America’s concerns with Iraq, the people living in the country are living the American way of life which has benefited them by providing him/her with plenty of opportunities—as cliché as that might sound.
Melanie Dionisio
October 12, 2008
Is the American way of life fragile or sturdy? For most Americans, and their way of life, find their way of living non-negotiable. One can agree that their American way of life is to strive to be successful and to make money; a positive way of living by benefiting one’s self. However, it is often that people view the American way of life negatively as well. Usually one complains about the government, like Anthony, a middle-class teen, explained that the American way of life is to “stabilize America’s economy and the social issues concerning the war in Iraq.” American citizens go out of their way to not only survive in society, but to also clean up the government’s “dirty work”. In any given situation, “Americans try to help themselves, but by doing so, they are hurting other people in the process.”Other than the government, a middle-class Asian mentioned how the way of living in the city alone is different, in comparison to those who live in the suburbs. “The American way of life in the city is career oriented, while in the suburbs, the way of living is more family oriented.” Geographically speaking, a person’s way of living is different in a certain household. And their way of living is the way he/her survives in American society. He says that “in the past, the American way of living was for families to immigrate to the states and to live freely.” Now, “Most people are working hard for money, usually taking the money they make for granted.”
One of the good aspects about the American way of life is the “opportunities one has when trying to pursue a career, or dream.” In comparison to those who live in third world countries, the American way of living would consider to be a ‘great’ way living, in terms of having a job and providing for him/her self. The Asian male added that he “feels lucky, in a way, to be able to walk outside freely.” With that being said, he added that “people sometimes abuse the American way of life by taking advantage of the materialistic things”. People do not realize how gifted they are in America, while others are actually struggling in other parts of the world, which would consider to be a bad aspect of the American way of life.
Another bad aspect about the American way of life is the way Americans are “fueled by the media”. The same Asian male argued that the American way of life “is relied on the media, and how it is sudden that hip-hop became a new ‘culture’ opposed to being Asian, Hispanic, or other ethnicities.” In each culture are certain morals, while in the new culture of hip-hop persuades one to ‘brand’ his/her self with expensive clothing. The ‘moral’ of the hip-hop culture is to think about how you carry yourself, to impress others of what you have, while other cultures are morally involved with family and religion. A person familiar with the hip-hop culture is a Hispanic teen who explains that the American way of life involves three things, “Money, power and respect.” In his opinion, he finds that having respect by gaining a ‘title’ in society, or among friends, will help one survive for being known for what they do. Money and power are similar in ways that the more power one has, the more money he/she receives for having that kind of power. The Hispanic teen adds that it is some what of a privilege to have the power, the ability, to do something he/she is good at and get paid for it, and it is likely that after one gets paid, it is priority to provide for others whether it is for family or friends, before one’s self. In most cases, in society, money does buy happiness, only when it involves food, shelter and education—a good aspect about the American way of life.
However, the Hispanic teen leaned more toward the bad aspects of the American way of life by explaining how it is more of a racial issue to survive in America. He said that the ‘white man’ in society usually is viewed to have more power than the ‘black man’ who strives to be as successful as the ‘white man’. It is difficult in most situations when a black-male, or female, is underestimated for what he/she does, because of the color of their skin. Though laws have been passed against discrimination, unfair judgment still exists today, even outside of working class citizens.
Aside from defining the American way of life, I asked the same people whether or not they lived the American way of life. Among the three people who answered the previous question, two of which agreed that they do while the Asian male said he would like to distant himself from living the American way of life. He felt that although he has many privileges in America, the way of living does not seem to be as ‘great’ as most people may view it. He thought that it does not seem to be a great way of living when people in America are taking the things that are easily given to them, for granted.Meanwhile, both Anthony and the Hispanic teen feel that they do live the American way of life for the simple fact that they are young adults living in the country. Who is to deny the American way of life, while living in America? America has opened a wide range of jobs for people to work and places for people to live. There are many organizations, public and private, that provide for those who need help, which supports one’s needs.
Though America does have a bad image when it comes to the media and America’s concerns with Iraq, the people living in the country are living the American way of life which has benefited them by providing him/her with plenty of opportunities—as cliché as that might sound.
Tuesday, October 7, 2008
AWOL - Assignment #3 DRAFT
American Way of Life – Draft 1
Melanie Dionisio
October 7, 2008
Is the American way of life fragile or sturdy? For most Americans and their way of life, Americans find their way of living non-negotiable. One can agree that their American way of life is to strive to be successful and make money; a positive way of living by benefiting one’s self. However, it is often that people negatively view the American way of life as well. Usually one complains about the government, like Anthony, a middle-class teen, explains the American way of life is to “stabilize America’s economy and the social issues concerning the war in Iraq.” American citizens go out of their way to not only survive in society, but to also clean up the government’s “dirty work”. In any given situation, “Americans try to help themselves, but by doing so, they are hurting other people in the process.”
Other than the government, a middle-class Asian argued that the American way of life "is relied on the media, and how it is sudden that hip-hop became a new ‘culture’”. He mentions how the way of living in the city alone is different, in comparison to those who live in the suburbs. “In the city, you have kids trying to have a fresh look, trying to impress others with labels and such, meanwhile in the suburbs, the way of living is more family oriented.” Geographically speaking, a person’s way of living is different in a certain household. And their way of living is the way he/her survives in American society.
The good aspects about the American way of living are the “opportunities one has when trying to pursue a career, or dream.” In comparison to those who live in third world countries, the American way of living would consider to be a ‘great’ way living, in terms of having a job and providing for him/her self. The Asian male added that he “feels lucky, in a way, to be able to walk outside freely.” With that being said, he added that “people sometimes abuse the American way of life by taking advantage of the materialistic things”. People do not realize how gifted they are in America, while others are actually struggling.
Melanie Dionisio
October 7, 2008
Is the American way of life fragile or sturdy? For most Americans and their way of life, Americans find their way of living non-negotiable. One can agree that their American way of life is to strive to be successful and make money; a positive way of living by benefiting one’s self. However, it is often that people negatively view the American way of life as well. Usually one complains about the government, like Anthony, a middle-class teen, explains the American way of life is to “stabilize America’s economy and the social issues concerning the war in Iraq.” American citizens go out of their way to not only survive in society, but to also clean up the government’s “dirty work”. In any given situation, “Americans try to help themselves, but by doing so, they are hurting other people in the process.”
Other than the government, a middle-class Asian argued that the American way of life "is relied on the media, and how it is sudden that hip-hop became a new ‘culture’”. He mentions how the way of living in the city alone is different, in comparison to those who live in the suburbs. “In the city, you have kids trying to have a fresh look, trying to impress others with labels and such, meanwhile in the suburbs, the way of living is more family oriented.” Geographically speaking, a person’s way of living is different in a certain household. And their way of living is the way he/her survives in American society.
The good aspects about the American way of living are the “opportunities one has when trying to pursue a career, or dream.” In comparison to those who live in third world countries, the American way of living would consider to be a ‘great’ way living, in terms of having a job and providing for him/her self. The Asian male added that he “feels lucky, in a way, to be able to walk outside freely.” With that being said, he added that “people sometimes abuse the American way of life by taking advantage of the materialistic things”. People do not realize how gifted they are in America, while others are actually struggling.
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