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Economic Globalization Essay

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Below is an essay on "Economic Globalization" from Anti Essays, your source for research papers, essays, and term paper examples.

In a perfect world hunger, poverty, and crime would not exist, but no such world can truly exist. There will always be grief, agony, anguish, and despair. Yet, we don’t push to provide for a good future for all. This theory of the most amounts of good for the most amounts of people is called Utilitarianism. Contrary to popular belief, the United States does not believe in such a state of being. Instead, through capitalism and economic globalization the United States has proven to believe in the exact opposite of utilitarianism.
The United States has always been contingent on the principles of capitalism but, the present economy is far from being the free enterprise system it was once envisioned as. The major change the United States made was control the system away from competition. The result is a society consumed by mega corporations that control demand rather then answer to the demands of the market. To break down the previous statement the corporations are so in control of their products price that they can charge whatever they see fit. The reason for this is the absence of competition in a capitalistic society.
As a complex ethical doctrine, Utilitarianism has assured itself as one of the small numbers of options that must be taken into account and either disputed or accepted by any philosopher taking a position in conventional ethics. In contemporary discussion it has been separated from contingent involvements with the study of ethical language and with the psychological theory with which it was presented. Utilitarianism now arises in many modified and complicated formulations. The ideal of a hedonic calculus is usually expressed as a practical if not a theoretical impossibility.
Karl Marx who was a social theorist of the 1800’s believed that the principle element of social order in every society is the production of economic goods. The idea of what is produced, how it’s produced, and how it’s exchanged dictates the differences in people’s wealth,...

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