Discuss the Commonalities and Differences Between Communist Economy Essay

Discuss the Commonalities and Differences Between Communist Economy 1976 and Social Market Economy after 1976 in China - Essay Example Under this system government approved the private ownership of means of production. As means of production are handled by the government before 1976, there was always the intervention of government in whatever is done. But with the emergence of socialist market economy, the role of the government shrank into making laws. Under communist economy people were reluctant to work as they were deprived of owning property and the developments that the country received under such a system was too little. When people were allowed to have private property, the made the best use of the resources and this period witnessed the thriving of the Chinese economy. In the communist economy, it was the government that controlled the market mechanism but under social market economy the market forces such as supply and demand took the place of government. When the communist economy tried to bring everything under the control of the government without any consideration to its citizen, the social market econ omy envisages at the formation of a welfare state in which individuals are given priority in all the aspects. Communist economy was upheld only by a simple majority of China, but social market economy has been welcomed by all category of the society. 3. How did China become an industrialised economy with in the last four decades? An economy becomes industrialised only when an agrarian society turns into industrial society with social change and economic development. The endeavour China made to reach its destination of a developed economy has been in its culmination for the last couple of decades. In all the areas, the performance of China was spectacular. The first and foremost factor that can be attributed to the success of China in this arena is the rapid expansion of international trade. International trade was accelerated as a result of gradual and incremental trade reforms and opening up of the economy for international trade. As a result, the Foreign Direct Investment increase d. China being a vast country had resources in abundant. Moreover the labour also was cheaper as compared to other developing countries. The decision to use the resources properly helped the development of domestic industries. China’s factory outputs vary from cotton textiles to railway locomotives, jet planes and computers. As the largest economy in terms of population, there is greater demand for commodities in China. In one hand it is a good market for foreign companies and on the other a good supplier as well. The amount china spend in the area of education is huge. The well educated works being more productive contribute towards the industrialisation of the country. The amount China invests for research and development is really note worthy. Advanced technologies help it to produce commodities cost efficiently. Chinese products has got good demand world wide as these products are competent to the products of other industrialised countries. However, it is the decision of the government to open up the economy for foreign countries that helped the fast industrialization. 4. Write a critical note on China’s SOE reforms. The state owned enterprises in China were capable of producing a wide range of consumer goods domestically. The commodities so produced were capable of satisfying the local demands sufficiently. However it had more drawbacks than these advantages. The persons who were at the top of the party were the ones who controlled these enterprises. Since most of them were

Satan and Dr. Faustus, overreachers in their own different ways Term Paper

Satan and Dr. Faustus, overreachers in their own different ways - Term Paper Example In Paradise Lost, it is seen that Satan had to exercise his own will, and this was in contrary to the will of God, â€Å"thou against his thy will/ chose freely† (Eliot, 8). All creatures of God who fall in Paradise Lost are â€Å"sufficient to have stood, though free to fall (Fluchereand Henri, 32). Festus  a man, who is brilliant, tends to have reached the natural knowledge limits. He is an early sixteenth century scholar in Wittenburg, the German city (Gregg, 5). He is fiery, arrogant and has a thirst for knowledge. Faustus as an intellectual, who is familiar with issues such as demon astrology and summoning that is usually not taken to be an academic subjects by the current universities. It is seen that Faustus makes a decision of selling his soul to the devil in exchange for knowledge and earthly power as well as 24 years as an additional life (Sachs and Ariel, 31). He goes on to waste his time on low tricks and self-indulgence. Faustus is seen to be the key character in the play, which consists of few characters that are seen to be truly developed. From the Hebrew, destroyer, mephitz and liar, tophel, Cunning and Craft devil. He is the devil who appears at the summoning of Faustus', as well as the devil that has the role of serving Faustus for a period of 24 years. In Mephostophilis, also referred to as Miphostophiles or Mephistopheles, as well as Mephisto, tends to be a latecomer in the recognized demons’ hierarchy. He was created possibly for the legend, Faustus.   Ã‚  Ã‚  Ã‚   In the play of Marlowe, Mephostophilis is seen to have layers to his own personality. He broadly admits that ‘‘separation from God is anguish,’’ and is capable of pain and fear. But he is known to be a gleefully evil, who participates at every level in the destruction Faustus. Not only does Mephostophilis influence Faustus to go on to sell his soul; but he as well encourages him to waste his 24 years of power. It is also seen that the Servant to Faustus steals the books of Faustus and learns how he can summon demons. He tends to be concerned about the fate of his master at the end of the play. Inner turmoil of Faustus suggests contradicting advice to him at major points. Their characters as well reflect the belief of Christian that humans have been assigned guardian angels, and in this context, the devil has the capacity of influencing the human thoughts. Satan. "Lucifer" original known as Venus, refers to the brilliance of the planet. In Christian context, Lucifer is sometimes believed to be another name of Satan. Some traditions believe that Lucifer was the name of Satan before the fall, while the Catholic Church Fathers held that Lucifer was not the proper name of Satan but instead a word indicating a the beauty and brilliance of his station before the fall. He appears at a few choice moments in Doctor Faustus, and Marlowe uses "Lucifer" as Satan's proper name (Weil, Judith and Marlowe, 14). Satan broadly admi ts that God created him, and he was seen denying this at other occasions, and he never rebelled due to God was unjust, but because his ambition caused him to desire to overreach his place. More so, he is seen to admit that he was at will in choosing that his pride forbids him to repent. Furthermore, if he might repent, later his ambition might again result to a rebellion as well as