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Admission/Application Essay sample - Everything for Sale versus Cultural Contradiction of Capitalism
Pages 3 (753 words)
Name: Course: Tutor: Date: Section 1 Everything for Sale versus Cultural Contradiction of Capitalism Everything for sale is book written in response of laissez faire kind of market in the economy. The book praises the free economy. Kuttner highlights how policy makers have failed to make direct moves to achieve desirable outcomes in the long run…
By this he further suggests that political power and economic power must be redistributed through a tax system which is fair for all. In his book (Kuttner, 1997), Kuttner criticizes the sale of public offices and the deregulation of telecommunication services. Cultural contradiction of capitalism is written to change our thinking about how we relate social change, economics and culture (Bell, 1976). Bell argues that modern capitalism undermines the moral foundations of the original capitalism. Bell outlines that he believes in conservation because he believes in culture and respects tradition. To him individual achievement is better than allocated or inherited social positions therefore different skills and efforts should be rewarded differently. Bell argues that there is a real distinction between a social decision and individual decision. He gives an example of a society that tries to reduce deficit by conserving oil but in the end individual needs may lead to increase in the purchase of oil. Bell further argues that in the past one had to save in order to buy but with the modernization and the rise of the credit cards there is mass consumption and production due to instant gratification. ...
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