Social Inequality One Hundred Years Term Paper

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While war is often a major factor in changing the nature of property ownership, much as major depressions, such as that of 1920 to 1940, another factor can be large increases in competition, such as that in industrial production that has risen in Japan, Korea, and Taiwan since the Vietnam War (Capitalism pp). All such developments "put stresses on the ability of individuals to finance and mange their operations (Capitalism pp).

Relationships between capitalistic economic enterprise and government are different in different countries (Capitalism pp). While the United States was trying to limit the size of industrial organizations in an effort to encourage competition, Germany was encouraging combination (Capitalism pp). The French government seized control of all means of communication and kept it (Capitalism pp). Today, the Japanese government maintains close relations with large corporations, "helping to set priorities in production and development, and in deciding who gets to borrow large amounts of money" (Capitalism pp).

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Whatever the nation, capitalistic economic endeavor is "dependent upon the government for the performance of certain activities, and government is dependent upon the economic function to finance the services which citizens have come to expect" (Capitalism pp).

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"Social Inequality One Hundred Years" (2005, July 31) Retrieved May 5, 2024, from
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