Course Blog for Soc 3151: Social Issues and Social Policy at Baruch College
As we have talked about in class many times before, capitalists in a capitalist country try their hardest to squeeze what they can out of their workers as they are the ones who turn supplies into goods.Their exploitation is one of the single worst aspects of capitalism and in Romania some foreign workers finally took [...]
This is an academic article i read while doing research for my paper, which deals with the commodification of education, and how education today has been increasingly standardized similar to other commodities in economic markets. Author Mary Kupiec Cayton, shows how education has essentially entered the global market and has been standardized to a point where [...]
I just read the article Risk, Reward, Steroids Inside a Tempting World of Easy Steroids by Michael S. Schmidt on NewYorkTimes.com it explained that over the past decade the use of performance enhancing drugs has become known to the public. This illegal practice has been going on inside major league baseball for longer than any fan [...]
I read the radical perspectives article called ” When a Job Dissapears, so does the Health care”. It gave an overview of the unfortunate unemployment situation in the U.S and the jobless numbers ever increasing. The main point of the article was that not only are people losing jobs but they’re losing their health benefits [...]
I have just read, Dean Baker: How to End Corruption in the Drug Industry by Yves Smith, an article from Naked Capitalism. The article raises many of the big issues within the Pharma market, particularly within research. It then suggest some solutions that arguably can fix this corruption. Overall, the problems it sites are rather [...]
This article is from http://www.nakedcapitalism.com and it is about American Express credit card.
American Express (AXP) reported 1st quarter earnings after the close Thursday and from the behavior of the stock, you’d think it suggested a major turnaround and economic recovery.
The stock was up 20% on very strong volume. The stock is now up 150% from it’s [...]
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I read my article from Naked [...]
“Crisis in China” by John Clegg, discusses the past crisis, present crisis and the possible future crisis of China. Over the past 20 years, China has been significantly industrializing. China was the “go to” spot for many capitalists looking to increase their profits. And because of that, it brought millions of migrant workers from the [...]
People tend to generally assume that the word innovation always carries a positive connotation. While for the most part they may be right, this isn’t always the case. Innovation has the ability to fuel prosperity, but unfortunately it sometimes comes at the expense of the common man. The concept follows that of the distribution of [...]
Since U.S has accepted the new president, the nation have had hope that he would be the one who brings this financial crisis to the end, however, issues that this world faces is more complicated than ever. The International Labour Organization (ILO), stated that twenty million more people will be out of employment by the [...]
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