Majority of the world is capitalist. Capitalism forms the back bone of success in all the western world. Capitalism facilitates instant gratification and the western world in general is apathetic as to where and how the products they consume come from. Companies will do anything they can get away with, to increase profits. Such measures may include paying its workers as little as possible, violating human rights and polluting the planet all in the name of bigger profits. We as consumers encourage such behavior indirectly.
Irresponsible exploitation of our home planet will be our downfall. Through humanities we can educate the world that we are all interconnected regardless of geographical regions. What happens in one part of the world affects the whole world. I will explore the effect outsourcing has both here in the U.S.A. and those countries that are outsourced to. Years ago Nike’s manufacturing practices in Asia were on the news frequently. I will research companies like Nike that produce all of their products in Asia and see the effect it has both in the U.S.A. and Asia.
I will attempt to contrast capitalism to socialism in respect to the social effects at an individual level. For example in the U.S.S.R. under socialism individual needs took a back seat to national needs. The medical industry for a long time was very poor and the mortality rate was very high.