Capitalism: Pros and Cons

      Capitalism is the organization of society in such a way that the wealth and means of production are privately owned by capitalist. Like many other terms in society, there are pros and cons.
Pros:
- People are in control of their own destiny
- They have a lot of freedom in society
-There is a lot of competition
Cons:
- Inequality arises
- Increases competition
- Economy becomes more money-oriented
        Karl Marx believes that capitalism is the means of production. He believes that capitalism creates two competing classes, the bourgeoisie who owned and controlled the means of production and the proletariat who were the common workers who owned nothing but their right to sell their labor. It is also believed that the proletariat is going to being large and overthrow the bourgeoisie and end capitalism. I have not decided if I am a big fan of capitalism but I like the idea of it.

Globalization: A pro or a con???

Globalization is the system of interaction among the countries of the world in order to develop the global economy. Is it more of a benefit or is it more of a disadvantage? Here are some of the main pros and cons of globalization:

Pros of globalization:

·        Productivity grows more quickly

·        Innovative ideas are created

·        People start to see different cultures through the items traded

·        Better technology

Cons of globalization:

·        Countries start to lose their culture

·        High unemployment

·        More competition can rise which can lead to a war

·        Recession occurs

So as we can see, globalization affects us in both good and bad ways. Globalization has a bad effect on poor countries and it can cause those countries to become poorer because they are trying to be competitive with other countries. Maybe we shouldn’t see globalization as a good thing at all but it does have a lot of good things to contribute. 

Positivist or Interactionist?

     Sociologists spend their time doing experiments and asking questions so that they get solve sociological issues. The question is which approach helps to get more reliable answers: positivist or interactionist? It is difficult to decide because they both contribute to helping sociologists. The positivist approach is based on statistics and limited questionnaires. This approach seems to be more reliable but what if the statistics aren't accurate? The interactionist approach goes more in-depth because of unstructured interviews. This approach can be seen as biased and unreliable because what if the person that you are interviewing isn't telling the truth? It is hard to decide which approach would be most helpful. They can both lead to false information. However, they are both helpful to sociologists. Which one do you think is most helpful?