Hypercapitalism Essay Example | Topics and Well Written Essays - 750 words

Hypercapitalism - Essay Example Moreover, the total production is normally given guidance and the interests distributed through market operation. It dominated the western world after mercantilism was called to a stop. In addition to that, this system enlarges production capacity by putting in use the excess production over consumption (Colker 111). The initial goals were to allow private ownership of property, provision of capital to the firms, freedom of competition for economic gain and profit motive. Hypercapitalism is a society in which the values of capitalism are given more consideration than the other existing values (Maaasik & Solomon 522).The given essay by pulling information from various reliable resources is going to dwell mostly on hypercapitalism. In the contemporary society, market forces have penetrated almost all aspects of life (Graham 58). Not forgetting, all the companies have emerged into one. We are forced to pay for most intangible things (Perelman 87). This issue drives me to another thing a ltogether; the elements of hypercapitalism. Basically, we have gotten two. That is, excess capitalism and payments of unreal things (Perelman 50). They say that the only way to make your dream come true is by waking up. I totally agree with that. It is high time we all come to our senses and deal with the emerging issue. We should be like the cactus as opposed to the ostriches. Why do I say so? It is only the cactus that raises its head in the desert. With the ostrich, it tries to hide the head in the ground and imagine that the danger is gone. Hypercapitalism is taking stand. This is why we even find companies e.g. the Diesel advising its audience consisting of children that the best way to show their creativity is by having sex (Maasik & Solomon 522). In the recent future, most firms are bigger than what they initially used to be. Also, they are found in many countries at once. They only major on advancing their profit. Barbie’s breast for instance, is out of proportion tha t if she were to be a human woman, she would probably fall on her face (Maasik & Solomon 375). They have indeed prioritized on that rather than anything else. Single world currency has become a cliche to most of them. Moreover, money is considered to be what matters most (Maasik & Solomon 522). Formerly, in the classical duration of the political economy, production of commodities majorly depended on labor (Graham 90). In that case, the level of unemployment was quite low as compared to today. Most firms lay emphasis on the commodities which have been turned into ‘exchange values’. They are then transformed into money and try their level best to ensure that they have maximized on the profit without having a look at the quality of their products (Perelman 69). Taking for instance, United States, the issue of poor parental care is normally attributed to the negative effects of capitalism. It has also made no steps to improve or to help parents to provide parental care. Ho w is this possible? The free market together with the self-government principles that gyrate around Americans capitalism does not allow us to have consideration for social problems. In most cases, the society tries offering assistance by paying leave, insurance and maybe by offering accommodation away from the workplace. All these do not help in that they only take care of the parents and not the infants. The role of capitalism is founded on the basis that goods are meant to be exchanged in the markets. With time, the role of property is changing gradually. When a child is growing up for instance, he or she believes that the status quo of an individual is determined by what they own. We tend to be bound up that the only way human affairs are structured is through selling and buying.

Supply Chain Management and Outsourcing Essay Example | Topics and Well Written Essays - 2250 words

Supply Chain Management and Outsourcing - Essay Example The aspect of globalization therefore, highly influences various companies, especially the international companies. Apart from globalization, the cost factor and competition in the market are other pressures, which shape the operations of various companies. These among other factors have forced most companies to develop new strategies, which might help them gain competitive value in the market, in order to compete favorably, despite all the pressures in the market (Wisma, 2008). Nonetheless, most of the strategies, which companies have adopted mainly include those that will help to differentiate the companies. These include research and development, demand and customer management, and regulatory compliance, among others (Sople, 2009). In addition, in order to compete healthily in the market, companies today have invested in their supply chain management and functions, such as manufacturing, distribution, and logistics. One of the most important strategy, which companies adopt today w ith regard to supply chain management is outsourcing in the business supply chain. This is instrumental in the business, since it helps enables for goods, information, and services in the company to be distributed in an effective manner, including all processes from raw materials, manufacture, all the way to customer delivery (Sople, 2009). This paper will therefore, focus on supply chain management and outsourcing in business supply chain as a function in the overall supply chain management, and why it is important for companies. Outsourcing in business supply chain is an aspect and a function of supply chain management in a company. However, supply chain cannot be regarded as a function of a company, since this is a network, which is made up of different companies. Therefore, supply chain management mainly involves how each company implements the different cross-functional relationships between its major customers and suppliers, within that network. Nonetheless, for supply chain m anagement to be effective in a company, the company must involve each of its function in supply chain management. It is important to note that supply chain management is still a new business model, which companies started to adopt because of various pressure factors in the market (The Times of India, 2011). Today, it is demanded that companies should uphold both social and environmental responsibility. In addition, companies must adequately respond to the ever dynamic needs and demands of its customers in the market in order to remain competitive. Companies too are faced with the pressure of ensuring sufficient access to resources in order to sustain their business operations. It is also crucial for a company to maintain its profitability and grow its revenue and market share. All these factors influence and determine the success of any company in the market. Nonetheless, for a company to be successful in all these factors, it must be able to manage the different relationships, whic h emerge because of these functions. Therefore, a company should integrate these various business networks and relationships in a manner that will be ensure positive outcomes for the company. This management of the relationships between these different networks in a company, is what is entails the process of supply chain management (Sople, 2009). Different companies today practice supply chain management. However, not all of them are successful in this process. Those companies, whose management does not recognize the importance of integrating business’ network of business relationships in a