Evolution of Capitalism- "Global problem and culture of the capitalism
Evolution of Capitalism- "Global problem and culture of the capitalism"
The book, “Global
problem and culture of the capitalism” accounts for the evolution of capitalism
in different part of the world. The understanding of the history is necessary
to clearly interpret the effects of the process in the future. It also shows
how capitalism tackles the different problem of the present situation and how
it stands in comparison to other system. The main portion is the analyze the
effect of capitalism on the world.
Different chapter deals with different
problem as starting portion helps in understanding the concept the capitalism,
then next chapter deals with history and last concluding chapter deals with
future of the capitalism. Chapter 7 deals with topic environment and
consumption dealing with case of consumption of sugar, beef and sustainable
development throughout the world. It deals with issues such as ecological
footprint, that is amount of land available to supply necessary resources and
absorbing the waste and related pattern of different countries.
The developed nations utilize
the benefit but developing nations have to pay the price. For example the
consumption of sugar was considered to be luxury product as the production was
limited but after the colonization of Africa and Asia, this product become
cheaply available in western country and it become an ordinary product. Long
distance shipping, retail trade, investment finance, slave trade and sugar
plantations made availability of the product in all part of the world. The same
was the case with beef as in colonial America pig was the choice of meat not
the beef was the choice.
But later on the colonization beef was becomes the
choice of meat. Britain control the beef production in the US and hamburger
invented by accident in Ohio. Later on hamburger become internalization as beef
was 40 percent cheaper in comparison to Latin America. Developing nation such
as China, India is following the sustainable development model as they are
following the mixed model of capitalism and socialism.
In developed country
estimated 15 acres of land required for the average person. This cause the
deficit, so the developed nations seek these resources from underdeveloped
country. In this way capitalism play its important role in shaping the modern
economy. Extraction of the natural resources for the one side benefit causes
the environment pollution. The factor responsible for environment pollution is
population, technology and over consumption.
Today’s the world is
of fierce competition. Every company tries to be on top at any cost. For achieving
the success they adopt different types of strategies and policy. Business
environment plays a great role in framing the company strategies. Environment
refers to the situation in which business operates.
Over the last few decades,
capitalism has marched through our consciousness through mergers and
acquisitions ably aided by rising globalization and technological innovation.
The dance of capitalism is in full public view with big-ticket business deals,
internal restructuring and product portfolio management becoming the norm. With
such rapid change, comes the need to effectively manage the change and hence
the word change management.
Conclusion
In conclusion we can
say the international business environment is very dynamics in nature and it
requires quite careful planning of the policy and its proper implementation.
Without the proper analysis of external and internal factors no business will
able to survive in international fronts. Thus the internal business environment consists of good balance of micro
and a macro environment. The micro environment consists of factors in the
immediate environment that affects the performance of the firm, such as
suppliers, competitors, marketing intermediaries, customers etc
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