Capitalism is a symbol of economic freedom of a country, it has played an important role in the progress of globalization, and it has changed the face of the world particularly in the last 2 decades. It has been exponentially growing as the democracy is spreading on the more part of the world, liberal democracies are the ideal launch pad for it, and so as United States, UK, Germany, France, Japan, etc have the most number of the capitalist. Capitalism was going through lots of ups and downs in the 20 th century, the philosophy of Karl M…
The world had seen two devastating war which had killed millions of people across the globe, the war was initiated by the superpowers to claim influences over the most part of the world, and to extend nationalism beyond their border. With increasing economic might, they had invested heavily to achieve the military might. The competition was arisen among the leading nations of Europe to rule and dominate over the world, they started military and economic invasion across the globe, and this was resulting into a serious conflict of interes…
Globalization was on the peak during the 1 st decade of this century, and we were heading to create stable, inter-connected, inter-dependent and more secure global society. Leaders were committed to working on the agenda of internationalism, and they were working hard to create an atmosphere of an agreement. Climate change, terrorism, transnational technology sharing, culture and the formulation of the stable global economy were on the table for discussion. Transnational Corporation was proliferating across the globe to make the betterment…
Technology and Humanity have been going parallel since the day of existence. Technology has built up our modern society to a level it was never before, and it has helped us greatly manage the modern framework of political, economic and security systems. It is the technology which has helped us to make this world more secure and peaceful. Every industry is getting advanced be it telecommunication, automobile, healthcare, aeronautics, space industries or defense. It has played an unprecedented role in the modern concept of Integration; th…
Arab World: Identity Crisis | Export of Democracy | Western Intervention Arab Nations in the early 60’s and in 70’s were enjoying some of the fastest growing economies in the world. They were able to adapt and were committed to following western model of trade and policies, but the rapidly growing population, unemployment, slow human resource development and declining wages made them move away from the track. The situation got worse during the 1990’s and 2000’s, when the globalization and export of democracy came into the picture, the…
Refugee Crisis in Europe: Threat to the EU unity and integrity. The refugee crisis is an imminent threat to Europe, and the major reasons behind this are the political and economic instability in Africa, the Middle East and in some countries of South Asia. Ongoing political reform and western military intervention have created social unrest. Terrorism has engulfed the region. Unemployment is increasing aggressively at an unprecedented rate. Economic infrastructure has been destroyed. People in the search of better livelihood cross the …
China is expanding its influence beyond its border in Asia, Africa and South America using its cash, debt, military, bad trade deal, and OBOR, the establishment is expansionist, undemocratic, and have no respect for international laws. they hugely aspire to global dominance. Using OBOR Chinese will get access of Europe, central Asia, Africa, South Asia, East Asia and Moscow, they claim the initiative would connect major cities with Silk Road and sea route, but most of the sea routes already exist and are open for trade from decades, wh…
Africa: The Continent Facing Political And Economic Uncertainty. African economy is now getting elevated, and some of the nations are the fastest growing economy in the world. According to World Bank figure 2016, 9 out of the 20 fastest growing economy on the globe was from Africa. Human Development Index has improved, and it’s getting better each day. They are now rising and can become the next powerhouse for the global economy. A stable Africa is good for global economy, the favorable demographic change, booming commodity prices, growi…
Venezuela: unwise economic policy led to the political crisis. The economic crisis in Venezuela has led to the continued deterioration of the political system. It is an oil economy and was one of the largest exporters of petroleum in the past. Venezuela is the sixth largest oil exporter and the member of OPEC by oil production, but it has evolved itself in the heavy industry product manufacturing over the time. 50 percent of its GDP is still accounted from petroleum exports, so the irregularities and collapses in the oil price profoundly…
ASEAN: East Asia on the track of development and prosperity. After world war-II, nations around the world started reorganizing itself into different political, economic or military blocks. Europe was divided into western-led and Soviet Union led blocs, the western-led block was called European Union which has been the strongest economic and political block in the world since its formation, and Soviet-led alliance had got dissolved after Soviet Union disintegration. The success story of EU taught a lesson to the world to be united and ach…
Iran: Democracy is getting suffocated and harassed. Democracy means by the people, for the people, and to the people, and i t doesn’t mean for the God, to the God, and by the God. Religion and democracy can’t be blended together, they contradict each other. and they can’t go together. Democracy is the modern political system. Religion is a quite personal thing, a way of living, and it can’t be imposed on the people and on the society. Religion does talk about the economy, the way of living and politics, and it does have provision and do…