Capiotalismo

Páginas: 3 (715 palabras) Publicado: 24 de octubre de 2012
CAPITALISM IN A GLOBAL WORLD

In this modern age we do not stop to listen and study the terms "globalization" and "capitalism", its effects, its advantages and disadvantages and this writing is notonly more than a opinion more about these terms and their relationship.
I understand that capitalism is a system in which only a few are the ones who have the power and it is they who control thesocial, political and economic development of a nation, as the government is seen as an obstacle to the development of economy and therefore this has minimal involvement. The capitalist economy is basedon the market, which, based on the laws of supply and demand, is who regulates the prices of goods and services exchange allows the allocation of resources and ensures the distribution of incomeamong individuals.
However, in this system each market players act according to their own interest capitalists seek higher profits, workers receive their wages and consumers seeking their satisfactionwith quality products and low price.
For I think globalization is a process by which we are going around the world and from my point of view is a result of capitalism.
In this process we can see thefree exchange of goods and services, culture, human capital, etc. which in turn encourages the integration of nations.
While I believe that globalization has allowed significant changes in thedevelopment of better relations between nations, more knowledge about the world around us and practically connected to the world I think also has some disadvantages.
First the fact that favors the loss ofidentity of the countries, to be submerged because of what is fashionable in the most developed countries, adopt new habits and neglect themselves. And secondly I think the growth and development doesnot give the same everywhere, and is back where capitalism and globalization converge.
Now, why I believe that capitalism gave birth to globalization? Why Capitalism believes in the free flow of...
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