However, the opposing view argues that the state is still a viable actor in international relations and international political economy and questions the nature of globalization. ... It will be suggested that the state remains central in handling national and international governance. ... In addition, it is thought that globalization results in governance powers being transferred to international organizations, and that globalization exacerbates environment problems and generate new military concern like terrorism. ... Accordingly, the nature of state has restructured form the welfare state th...

• Word Count: 1836
• Approx Pages: 7
• Has Bibliography
• Grade Level: Undergraduate

Adam Smith believed that strong government was a great necessity, particularly to create and enforce laws and to ensure justice. ... Thus he was the real father of privatisation and other 20th century reforms based on market economics under rule of law. ... Keynes turned his thoughts to the design of international financial institutions calculated to limit the spread of depression. ... But the institutions that resulted from the conference, the International Monetary Fund and the World Bank--two agencies that survive into the 1980s--bear much stronger marks of the orthodox theories of t...

• Word Count: 1299
• Approx Pages: 5
• Grade Level: Undergraduate

The international community and US business sector have seen the "Communist" country as offering immense opportunities. ... Firstly by muting all international conflicts and geopolitical ambitions, China followed the examples of other newly industrialising economies (NIEs), giving priority to industries and sectors where limited government investments would produce rapid growth. ... China is still developing its legal infrastructure such as commercial laws and regulations that protect private property rights, investors and creditors. ... An example of an environmental problem is how the use of...

• Word Count: 2010
• Approx Pages: 8
• Grade Level: Undergraduate

Adam Smith believed that strong government was a great necessity, particularly to create and enforce laws and to ensure justice. ... Thus he was the real father of privatisation and other 20th century reforms based on market economics under rule of law. ... As the war drew to a victorious conclusion, Keynes turned his thoughts to the design of international financial institutions calculated to limit the spread of depression. ... But the institutions that resulted from the conference, the International Monetary Fund and the World Bank--two agencies that survive into the 1980s--bear much stro...

• Word Count: 1471
• Approx Pages: 6
• Grade Level: Undergraduate

This class began taking control of international and domestic trade by producing goods more efficiently than the guilds. ... The proletariat wanted to retain capitalism, but install laws protecting workers' rights, allowing them more social equality in their fight against the bourgeoisie. ... This social change introduced laws prohibiting the bourgeoisie from forcing the proletariat class to work in such poor conditions as during the Industrial Revolution. ... Such legislation allowed unions to exist, provided fair labor laws for working-class Americans, and provided financial assistance ...

• Word Count: 1638
• Approx Pages: 7
• Grade Level: Undergraduate

Marx, Karl and Frederick Engels The Communist Manifesto International Publishers, New York I. ... This does not show conclusively that recurring historical patterns or laws do not occur, but it does challenge the accuracy of Marx's claim to scientific objectivity with respect to his own theory. ...

• Word Count: 1446
• Approx Pages: 6
• Has Bibliography

It covered such concepts as the role of free enterprise, the division of labor, the function of markets, and the international implications of a laissez-faire economy. ... One of his more famous quotes concerning the issue of laissez-faire in his book "Wealth of Nations" was "It is the highest impertinence and presumption, therefore, in kings and ministers, to pretend to watch over the economy of private people, and to restrain their expense, either by sumptuary laws, or by prohibiting the importation of foreign luxuries. ...

• Word Count: 1284
• Approx Pages: 5
• Grade Level: High School