StudentShare solutions
Triangle menu

Political Economy (Theories of Late Capitalism) - Essay Example

Nobody downloaded yet

Extract of sample
Political Economy (Theories of Late Capitalism)

American economy, also, is no exception to it. For instance, after The World War-2, America emerged as economic giant because of rapid progress in different fields, but hardly a decade had passed that The US confronted Great Depression. It was asserted that stock market collapse was the major cause of the great depression and “as the consequence of this stock market collapse, an unparalleled depression overtook United States” (Majumdar et al 234). The way America made achievements during era of industrialization and during the World War-1; she could not withstand stock speculation and its ultimate consequences.
Leading points for the United States’ rise to power. America with its progressive policies marked its existence as economic giant and witnessed economic boom once again after decade of Great Depression was over and particularly in the post World War 2 era. The
leading points which led to the rise of American economy initially include many things. To begin with America gave suppleness in taxation. It made taxation as easy as possible. Secondly, it applied theories of monetary pull and occupied employment financial plan. Thirdly, it included in its economic policy to include quantitative targets for the economy. Fourthly, a growth model of economy was put into practice rather than earlier cyclical model which allowed just transaction of the same. Finally, substitute of the impression of being without a job as a structural predicament by a consciousness of a low down combined stipulate.
Mechanisms that Immanuel Waller stein credits with weakening US power. The mechanisms which Immanuel Waller stein consider for the weakening og American superpower are also various. In this pretext, to begin with, geographic expansion of the European world-economy to include the whole of the globe shook US economy. In the second place, the expansion meant the elimination of other world-systems as well as the absorption of the ...Show more


These aspects are identified as political aspect and economic aspect. Both these facets are structurally interconnected and have profound impact on one another. Theorists, in connection with…
Author : candicebrown
Political Economy (Theories of Late Capitalism) essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Political Economy (Theories of Late Capitalism)"
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

David advocates for restoration of Marxist and social class methods for criticizing the world capitalization. On the other end, scholars associate Francis with rise of neo-conservatism in the US and the world. In spite of their contributions, both of them have one problem in common: failing or omitting to address ecology and politics (Harvey 40).
10 pages (2500 words) Essay
Contemporary Theories of Political Economy
Most entrepreneurial characteristics have come from the American country where by far, the rate of industrialization has not declined even though the rate of profits might have, from time to time. However, it must be noted that the US has had a major impact on world economies with respect to their industrialization as well and this answer aims at identifying how these various economic transformations taking place in the US and elsewhere were ratified and interpreted by various scholars and thinkers, with respect to a political state.
9 pages (2250 words) Essay
Theories of Late Capitalism in the World System
Among the most significant conditions emphasized was the insatiable demand for United States manufacturers from both abroad and at home, and the lack of significant competition for the US labor and capital. The latter enabled the US labor force to demand for better benefits and wages while simultaneously enjoying higher employment rates (Harvey 189).
9 pages (2250 words) Essay
Theories of Political economy
Ignoring this major drawback would be a nave opinion because as per marketing orientation of ethics, people are irrational. Following will be arguments that support the fallacy of democracy and free market economy co-independence. Free market economy suggests that the power of demand and supply govern the prices and purchasing power of people.
4 pages (1000 words) Essay
Contemporary Theories of Political Economy
To characterise those properties of the market which it possesses in virtue of the kind of economic institution it is, as against accidental features of this or that market, Aristotle starts by considering the features of the market that distinguish it from non-market economic institutions, specifically the household.
8 pages (2000 words) Essay
Political Economy
The importance of cultural industry is not merely limited to its economic capabilities (which is, of course, relatively strong); but also to the prominent role it has on the making and unmaking of peoples' identities, attitudes, values and lifestyles. The dynamics and complexities of the relationships between culture, creative industries and the political and economic development of societies have gained the attention of theorists and researchers from the mid-twentieth century itself.
15 pages (3750 words) Essay
Religious Education
As Christians, I do believe that we should maximize the use of technology in living the Christian way of life and to learn and share the good news of God. Even the Bible states so. In the Old Testament it has been prophesied that technology will flourish, when God said to Daniel, 1"many shall run to and fro, and knowledge shall be increased".
5 pages (1250 words) Essay
Political Economy (Theories of Late Capitalism)
Frieden also describe the changes that took place in East Asian countries and the successive explosion of unique economic phenomenon of international
7 pages (1750 words) Essay
Contemporary Theories of political Economy
According to Fukuyama, the end of Cold War was the end of history as the human civilization was unanimously converging on a single organization, i.e. the Western liberal democracy. The core of the argument that Fukuyama presented
4 pages (1000 words) Essay
International Political Economy
The imperceptible school of thought in international politics economy has become divided. This division is mainly between the rationalists and critical scholars. However, recent developments point towards a scope in rebuilding it and the dramatic
16 pages (4000 words) Essay
Hire a pro to write
a paper under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
Comments (0)
Click to create a comment
Let us find you another Essay on topic Political Economy (Theories of Late Capitalism) for FREE!
Contact us:
Contact Us Now
  • About StudentShare

  • Testimonials

  • FAQ

  • Blog

  • Free Essays
  • New Essays
  • Essays

  • The Newest Essay Topics
Join us:
Contact Us