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| Topic: |
Business
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| Number of pages / Number of words: |
4 / 1083 |
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At the risk of oversimplification, I would separate the differing parties in that debate into three groups. First, there are those who believe that relatively unfettered capitalism is the only economic organization consistent with individual and political freedom. In a second group are those who accept capitalism as the only practical means to achieve higher standards of living but who are disturbed by the seeming incivility of many market practices and outcomes...
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In a second group are those who accept capitalism as the only practical means to achieve higher standards of living but who are disturbed by the seeming incivility of many market practices and outcomes. In very broad brush terms, the prevalence with which one encounters allegations of incivility defines an important difference in economic views that distinguishes the United States from continental Europe—two peoples having deeply similar roots in political freedom and democracy...
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General points of the essay
Analyze globalization's role in the development of international business.
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