Schumpeters Theory of Creative Destruction Free Essay Example, 3250 words

2.0 Creative destruction Schumpeter’s main message is that the process of creative destruction describes the type of competition in capitalism that may cause considerable improvements in the quality as well as quantity of everyone’s lives. As far as capitalism, socialism and democracy is concerned, Schumpeter had a lot of view concerning the process of creative destruction, but all the people who use the phrase presently do not support these views. The process of creative destruction in the original idea that was developed by Schumpeter and in the more recent account is a process that involves technological advances as the main source or economic development as well as improvement in the quality of lives. In the two accounts, a considerable part of the motivation to come up with advancing innovations is the possibility of achieving monopoly profits. In the traditional sense, the key source of monopoly profits is through patent rights but at present, a full account of monopoly profits also enta il a network of external factors as a source. Further from what the two accounts share, the original idea that was supported by Schumpeter claims that large firms that are monopolistic have the highest ability and likelihood to come up with better advancing innovations. We will write a custom essay sample on Schumpeter''s Theory of Creative Destruction or any topic specifically for you Only $17.96 $11.86/pageorder now This is the account that is usually associated with the views that were held by Schumpeter even though the current version identifies smaller organizations as the ones that have the highest likelihood to come up with new advancing innovations. Schumpeter claim implied that the new process or product that comes from a vibrant advancing innovative competition is more crucial in the appreciation of capitalism. On the other hand, the static typical idea of price competition puts emphasis on the markets, which are not concentrated as a way of lowering the prices in a setting where goods and services are assumed constant. 4.0 Capitalism as a revolutionary economic system The important point to remember concerning capitalism in Schumpeter’s view is that it is an evolutionary process that was initially stressed by Karl Marx. By nature, capitalism is a type of evolution in the economy that may never be motionless and this element of dynamism has three salient attributes that include those within the system that occur in response to exogenous changes. This takes place discontinuously instead of smoothly. The results that are associated with it are qualitative and this essentially displaces the older balance while coming up with radically newer equilibriums.

The Relationship Between the Communist/Socialist Movements...

Communist/socialist movements played a vital role in the development of liberation movements. Throughout most of Asia and Africa the communist/socialist sphere of influence grew to amass approximately a third of the worlds population. Engulfing many nations on the cusp of their independence. The relationship between the communist/socialist movements and liberation movements was based on an acting factor that enabled the movement to succeed because of the communist/socialist influence over the factor. Communism is a socioeconomic movement that played major a role in several countries. Gestating from the theology of Karl Marks’ and Friedrich Engles’ work The Communist Manifesto published in 1848; laying the foundation for the application†¦show more content†¦A liberation movement is an uprising of an organization against an imperialist nation or power in order to gain independence. Wherein, efforts of decolonization and resistance mobilize and unify in order st rengthen their quest for independence. Principals such as solidarity traditionalism, the use of tradition to unify, are means that drive the need for independence and liberation. As exemplified with India as they used Hinduism in order to strengthen their unification. (Genova, 2/17) However, decolonization and liberation movements are not the same. The liberation movements are a means to the end result of decolonization and liberation. As exemplified in Angola, they experienced a delayed form of decolonization fought by many different liberation movements, the MPLA, the FNLA, and the UNITA all different organizations of people fighting for what they believe would rule after liberation is achieved (Genova, (3/24). Furthermore, liberation movements occurred all across the globe, from Cuba with Castro to the Democratic Republic of Congo with Patrice Lumumba. All fought for their independence by groups with leaders who had agendas. In many liberation movements the acting factor in the relationship to socialism/communism was the liberation leader. Some leaders were socialist or communist in nature and upon obtaining liberty they sought to put the theory to practice. As a result the communists offered support, a mutual anti-imperialist natureShow MoreRelatedFilm Analysis : Ghandi1696 Words   |  7 Pageswas sometimes used to cover up brutal exploitation, many Europeans sought to improve the lives of the colonized people by building western education based schools, new hospitals, modern streets, etc. This image dates from the late 1800s. The relationship between the two images and their phenomena is that both images depict a time where European’s sought to be in complete control of the colonized people. In some ways, it seems as though the ideas from the â€Å"civilizing mission,† the second image, couldRead MoreMao Zedong1741 Words   |  7 Pages1949, Nationalism would reappear in Mao’s cultural policies, his relationship with Moscow and u nderdeveloped countries. Mao feared nothing and no one. Using Marxism-Leninism as a framework, Mao proposed the use of peasants to create his revolutionary elite. His innovative thinking was unpopular among many of Mao’s Communist comrades; they believed the proletariat to be the key group (Cheek, 11). Mao also championed women’s liberation from masculine authority of husbands as well as clan, temple, andRead MoreMarx s Theory Of Alienation Essay2104 Words   |  9 Pagesproduct and they have interactions between each other. 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Public Health Promotion Strategy Free Essays

Public Health Promotion Strategy of Lhuntse Introduction Public health is the first priority of a nation as health is the chief priority to man. According to the American Public Health Association, APHA(2001), public health as the practice of preventing diseases and promoting good health within groups of people from small communities to entire countries. The functions of public health include preventing epidemics, monitoring health status of the population, developing policies and laws to protect health, providing health care services at all costs and all activities related to benefiting public and their health. We will write a custom essay sample on Public Health Promotion Strategy or any similar topic only for you Order Now Bhutan, within the confines of China in the north and India in the south, was a late bloomer in to development. Now, 90% of the population has access to basic health care services delivered through a network of 29 hospitals, 176 Basic Health Units and 541 outreach clinics. Of the twenty Dzongkhags or districts in Bhutan, Lhuentse dzongkhag is one of the least developed with eight gewogs. â€Å"Most of the villages are still in accessible with lack of roads and electricity. one hospital, 11 Basic Health Units and 31 Outreach clinics render public health services in the dzongkhag. About 50% of the households have access to piped drinking water supply. †(Ninth five year plan, Bhutan, n. d). This paper plans to focus on studying the public health sector scenario in the particular dzongkhag and improving it. Purpose of the action plan Purpose of the action plan is to promote various factors such as followings †¢To improve maternal health care, it is very essential to provide healthy manner of health services to improve maternal health care to make pregnancy safe. Mother’s education, Mother’s education is the basic knowledge of parenting. †¢To Improvement in food supply and sanitation, improvements in food supply and sanitation will lead to increase life spans and reduce disease. Initiatives taken by the health services such as clean drinking water supply and hygiene directly help in improvement in food supply and sanitation. †¢ To Reduce in Poverty, to make reduction in poverty line . To Change living standard, with the developm ent taking place in the country, living standard of the people has been rapidly changed. Public health Issues and Concerns †¢Lhuentse Dzongkhags has the concern over the issues related to public health as follows; †¢As the morbidity among the children under five year of age and all pregnant women and women in child bearing age was accounted to , Male-767 and Female-642. (PHCB, pg. 191). †¢The number of deliveries of the new born babies attended by health professionals was – 90 pregnant women, whereas, the number of deliverie not attended was recorded to -231 cases as noted in (PHCB, pg. 04). †¢According to PHCB, 2005,The Dzongkhag has also noted the increase in the number of disables that was numbered to 990 people and most were disabled to seeing that was recorded to-327 people. (PHCB,pg. 211) †¢Most of the people in the Dzongkhag had limited access to safe drinking water with the account of 253 households having piped water within house and 2377 households having piped water outside house. (PHCB, pg. 222) 5. The people in the Dzongkhag had limited acces to basic health facility of proper toilet. As, 2143 households had the accessibility to pit latrine and 423 households had no latrines at all (PHCB, pg. 241). The issues also includes, †¢Maternal and child health †¢The lack of nutrition in the diet leading to malnutrition †¢Outbreak of infectious diseases †¢The high alcohol consumption leading to increase in alcohol related diseases (Liver cirrhosis). Public Health Promotion Strategy Their strategies put emphasis on improvement ofquality of services, development of human and institutional capacity, and decentralization with focus on rural access. 1. Enhance the quality of health services To improve the quality of services and further consolidate the infrastructure. Standardization and quality assurance, focusing on diagnostic and healing aspects, and use of appropriate technology. 2. To reach the inaccessible population There are still population groups who are not reached satisfactorily by the health services. Taking into account all of the problems and factors, Out Reach Clinics (ORCs) have been constructed and organized. 3. Strengthen traditional medicine system The traditional medicine system is being strengthened with the emphasis on human resource development through the Institute of Traditional Medicine. This has also been included in the ordinary health services at the hospital. The capacity and productivity of the Pharmaceutical Units have been increased. How to cite Public Health Promotion Strategy, Essay examples