The Line Between Feudalism and Capitalism :: Economics Economical Government Papers

The business organisation Between Feudalism and CapitalismWe consider America to be a capitalist nation, but what exactly makes it capitalist? Websters dictionary defines capitalist economy as an economic system in which investment in and monomania of the means of production, distribution, and exchange of wealth is made and maintained chiefly by private individuals or corporations, especially as contrasted to cooperatively or call squander owned wealth. Capitalism affects the people in it on a fooling basis it affects the way they live their daily lives. A break down in this, supposedly perfect, economic system may occur resulting in a case of feudalism. This can still be found straight off even, in America. Feudalism is defined in Websters dictionary as a system of political organizations prevailing in Europe from the 9th to fifteenth centuries having as its basis the relation of lord to vassal with all consume held in fee and as chief characteristics homage, the service of tenants under implements of war and in court, ward ship, and forfeiture. in that location are defined social differences and similarities amid capitalism and feudalism these differences can be seen when comparing and contrasting the reality-based movies Norma Rae and Matewan. There are many similarities between Norma Rae and Matewan making it hard at multiplication to see which economic system is feudalism and which is capitalism. These similarities cause confusion, even today, in deciding what can be considered feudalism and what can be considered capitalism. This is because in both systems the employers keep a significant amount of control oer their employees lives. Both movies are about employees in large factory situations nerve-racking to better their working conditions by unionizing the company.Neither the Stone Mountain blacken Company, in Matewan nor the O.P. Henley Textile Mill, in Norma Rae seemed to truly care about the public assistance of their employee s. For example, in Matewan the coal miners were suffering from the coal dust cutting their lungs. This fuss could have been easily alleviated, had the company cared, by providing the employees with masks. Another major occupation was the premature explosions in the mine, which were also caused by coal dust and oft resulted in death. This problem would have been more difficult to remedy, but it could have been done. The company just didnt care enough about the lives of its workers to spend the notes necessary to correct the problem.