Sales: Sales: Support: Support:
Academic writing services  
Custom written essay Book report Research paper Dissertation Resume and CV Editing and proofreading  
main menu
By ordering custom paper you get
  • 24/7 Support
  • Over 100 professional US Writers
  • 300 words per page
  • Flexible discount system
  • FREE revision (within 2 days)
  • Anti-Plagiarism Software Check
we accept
sample essays
Accounting Essays
Admission Essays
Analysis Essays
Art Essays
Biography Essays
Biology Essays
Book Review Essays
Business Essays
Case Studies Essays
Cause and Effect Essays
Character Analysis Essays
Communication Essays
Communication and Media Essays
Compute Technologies Essays
Consideration Essays
Controversial Essays
Description Essays
Economics Essays
Education Essays
Evaluation Essays
Explanation Essays
History Essays
Job Essays
Law Essays
Management Essays
Medicine Essays
Music Essays
Personal Essays
Personal Experience Essays
Persuasive Essays
Persuasive Speech Essays
Philosophy Essays
Political science Essays
Politics Essays
Proposal Essays
Psychology Essays
Reflective Essays
Religion Essays
Research Essays
Response Essays
School Essays
Science Essays
Sociology Essays
Technology Essays
World Literature Essays
Michael Parenti essay
← "We and the Brave New World"Christians Hence →

Michael Parenti. Custom Michael Parenti Essay Writing Service || Michael Parenti Essay samples, help

Michael Parenti has written the article, "Capitalism’s self-inflicted Apocalypse", published on Wednesday, January 21, 2009. The article explores capitalism's shortcomings in addressing historical forces. It states that these forces hitherto cause endless troubles in capitalistic economies. "Healthy Inequality" is an article written by George F. Will and published in the Newsweek in October 28, 1996. This article states that the most discussed economic malady is a habitual benign phenomenon

According to Michael Parenti, after capitalism had defeated communism, many thought that this was the most indomitable system of governance that would last to the end of history. However, this was never the case as the system was yet to come to a consensus with several historical forces that caused endless problems. These include prosperity, democracy, and capitalism itself.

Michael Parenti articulates that democracy and capitalism are entities that cannot exist together unless wedded together, as in US, to become capitalist democracies. In fact, the relationship between capitalism and democracy has been hostile all through. Louis Brandeis observes that in US, we can only have democracy because so much wealth is held in the hands of a few.

On capitalism and prosperity, the articles stipulates that most of the world is capitalist and neither prosperous nor democratic. Capitalism is a man-eat-man society and breeds a few millionaires leaving behind a million paupers. This is the notion that capitalist corporate investors prefer investing in poor populations as the poorer the man, the more he works for lesser wage.

Political thinkers have observed capitalism as a self-devouring beast. According to Debs, a system protects the haves from the have-nots. Capitalism also provides services that cannot be developed by private developers. Karl Marx, the authors of many economical studies, concluded that for maximization of profits, wages must be kept down. Presently, there is a growing tendency of overproduction of goods by the private sector and under-consumption by the working class, which is why it is viewed as a self-devouring beast.

According to George F. Will, economics at the moment perform the duties that involve complaining about their issues that cannot be resolved and that suffering is good for them. Issues that are decried as social dysfunction and injustice are a recurring and benign phenomenon. According to Greenwood and Yorukoglu, who are economists, date that onset of the discontents in productivity and inequality was the 1974. The labor productivity curve had been in an ascending order since the medieval ages. However, in the 1974, the curve started to decline while charted investment in IT began to steep ascent. On the other hand, price of IT recorded a steep decline.

The main points in the article "Capitalism’s self-inflicted Apocalypse" include the antagonistic relationship between democracy and capitalism. Both of these two cannot exist together in an economy. Capitalism creates wealth to a few and makes many poor. Prosperity and capitalism are not directly related variables in the economy. The article states that capitalism is a self-devouring beast. It states that capitalism provides only those services that cannot be availed by a private developer. Capitalism seeks to protect the haves from the have-nots. Its also observes that a capitalist system is capable of devouring itself. It is a system capable of self-destruction created by moneyed players.

According to healthy inequality, economists today have moved to assure the complainers that nothing can be done against their complaints and that anguish is good for them. According to Jeremy and Mahmet, what is complained of as a social dysfunction and injustice, which is a blend of slow productivity growth and widening income inequality, is indeed a chronic and benign phenomenon.

I concur with the article "Capitalism’s self-inflicted Apocalypse". Ever since capitalism overthrew communism, many thought it was the new and last order in economies. However, capitalism is on its way to self-destruction. It is true that capitalism cannot address historical factors such as democracy and prosperity. Capitalism cannot exist with democracy in an economy, as the two are immiscible. Prosperity in capitalist economies is not a walk in the park and that is why many have termed the capitalist economies as man-eat-man economies. Karl Marx might have created a self-devouring system. A system that kills the less privileged while strengthening the rich in the society. A system that protects the haves against the have-nots.

According to Michael Parenti, capitalism raises venal perpetrators and rewards the most unscrupulous of them. A system that protects the haves and kills the have-nots through creating a suffocating environment for them. This is done through creation of monopoly in the free market, thus exploiting customers by high prices and workers by low wages. It creates inequality, as the benefits of the economy are not equitably distributed. People in a capitalist economy tend to be caught in theoretical bubbles, thus ignoring economic fundamentals leading to irrational behaviors. A free market is supposed to have easy mobility of production from the unprofitable sectors to the profitable ones. However, this mobility is more impractical in a capitalist economy. Because of the wealth distribution inequality, in a capitalist society with no government welfare great poverty is bound to occur. This will lead to homelessness, disease, shanties etc; hence forced migration. A major point that makes Michael Parenti successful in his arguments is one on limited government control. In this kind of situation cartels may freeze the economy slipping the whole economy into anarchy.

Michael Parenti. Custom Michael Parenti Essay Writing Service || Michael Parenti Essay samples, help

Order Now
Order nowhesitating

Related essays

  1. Christians Hence
  2. "Stand and Deliver"
  3. "We and the Brave New World"
  4. Rockefeller’s Amalgamation

order now

Order now
why choose us
96% of satisfied returning customers
24/7 customer support
A wide range of services
Up-to-date sources
100% privacy guaranteed
MA/PhD writers
Custom written papers only
Free plagiarism report (on demand)
Free revision (within 2 days)
Free cover and bibliography page
Direct communication with a writer
Are your writers qualified for the custom writing?
How quick can my order be accomplished?
Is it legal to buy custom essays, term papers or book reports from your company?
Are essays offered by your company truly custom-written?
Is it safe to buy from
How secure is the payment system of your company?
Can I submit custom essays or term papers done by your company as my own?
How can I contact your company if I've got problems with my ordered paper?

Finally, I've found the real custom writing service . My grades are saying "Thank you, it's been a pleasure to work with you."

Jamal, South Africa

I can't believe you finished my essay under such a short deadline! You saved me from a disaster once again. You guys deliver exactly what you promise. I'll be back. That's for sure!

William H , Kansas, US

contact us
Toll free for US & Canada only. International callers are charged for outgoing calls.

Our phone numbers: provides custom term paper writing/rewriting services inclusive of research material for assistance purposes only. The term papers should be used with proper reference and are not meant to replace actual assignments.

Get 15% off your first custom essay order

Order now

from $12.99/PAGE