THE CENTER ON CAPTALISAM AND SOCIETY....

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Theory of Capitalism,

Free enterprise is an arrangement of generally confidential possession that is available to novel thoughts, new firms and new proprietors — to put it plainly, to new capital. Free enterprise's reasoning to advocates and pundits the same has for quite some time been perceived to be its dynamism, that is to say, its advancements and, all the more quietly, its particularity in the developments it tests. Simultaneously, free enterprise is additionally known for its propensity to create unsteadiness, frequently connected with the presence of monetary emergencies, work instability and disappointments to incorporate the hindered.

The Debate Over Capitalism,,


The claims for capitalism differ from the classical case for a competitive market economy.  Adam Smith’s thesis two centuries ago was that the presence of many buyers and many sellers competing with one another in the marketplace would weed out wasteful resource allocations “as if by an invisible hand.” (So, in equilibrium conditions, one person’s earnings could not be further increased except at the expense of another’s.)  This valuable ability of unimpeded markets could not be matched by a central government bureau, as Ludwig von Mises warned the socialists in the 1920s.  But Smith’s insights left it unclear how or whether economic change might be generated. Would competition among firms suffice to generate change, with or without private ownership?

A few central European economies twice became laboratories in recent decades for testing competition without private ownership.  From the late 1960s to the late 1980s they allowed each state-owned firm to set their own prices, outputs, wages and workforce in competition with the others.  Whether or not efficiency improved, it was clear that economic dynamism did not ensue.

 On this thesis, private ownership is not sufficient for dynamism either:  capitalism, in which capital is free to go in new directions without a green light from the state, becomes necessary at some point in economic development if dynamism is to continue.
The mechanism of capitalism’s economic advances became the leading object of economic research early in the twentieth century and remained so for decades. 

A new discovery creates new outlets for investment. The investments made “express the zeal of employers to profit by meeting the increased demand of the community for fixed capital.” This made macroeconomic sense of big waves of innovation: they are exogenous and markets react constructively to them.5  But it failed to identify the institutions crucial to fostering early and decisive responsiveness to the newly arrived opportunity. And it did not provide an economics of innovations in normal times, when capitalism has to generate endogenous innovations, if there are to be any at all.



 Thus the agent of change was the entrepreneur who, hitting upon the prospective profitability of some unnoticed commercial application, sought to start up an enterprise to implement the innovative idea. 

The essence of capitalism’s innovations was uncovered by European theorists in the interwar period. Friedrich Hayek saw it as a core feature that, under capitalism, entrepreneurs are self-selected, aided by their particular experience and driven by their distinctive visions. For this reason capitalism will generally draw on richer experience and wider knowledge than any one central planner could draw on.

  Lastly, Michael Polanyi argued that entrepreneurs, like discoverers generally, take creative leaps and invariably these leaps involve some “tacit” or “personal” knowledge, which is outside of objectively recognized knowledge and which goes beyond what can be communicated in explicit terms.9  For this reason; a state investment bank would not be well-suited to select among entrepreneurs’ projects: being accountable to the central government for its mistakes, it would avoid all the very innovative proposals because of the ambiguity of the evidence for them and thus the uncertainty of their profitability.  the success of bankers and venture capitalists in selecting among them hinges not so much on their knowledge of the project as on their ability to enter into a sequential and provisional relationship with the entrepreneur that leaves the latter leeway to experiment and prove himself.

  Besides, we have the direct evidence of radical innovations made by established firms—from Bang & Olufson’s designs to Sony’s Walkman to the Swatch to Bert Claeys’ rethinking of cinemas. 

 The specialization between the start-up and the established firms, and also the possible interplaAnother of the fluctuation issues is the justice of regarding long booms as no better than long slumps. A more radical position raises questions about the justification for blocking or moderating long slumps, provided they are purely or mainly structural rather than the result of monetary malfunctioning. The subject of long swings is only now beginning to enjoy a revival of attention in the economic literature, and there is much to be done in this area.y between the small-firm sector and the large-firm sector, are obviously areas ripe for further research.

If these capitalist business sectors offer relatively good job satisfaction and personal growth on the whole or offer relatively high wages in comparison with the pay in underground and domestic activities, then an appreciable deficiency in inclusion arising from a wide gap between low-end wage rates and the median wage, with the consequent demoralization and decline of employability, may be deemed unacceptable and may impose high social costs on virtually everyone.


REFERENCES.....


1-Michael Polanyi, Personal Knowledge, Chicago, University of Chicago Press, 1962.

2-Richard Nelson and others saw the importance of sequential decisions in the 1960s.

3-Schumpeter himself recognized this in his Capitalism, Socialism and Democracy, Harper, New York, 1942.

4-Amar Bhidé, The Origin and Evolution of New Business, Oxford, Oxford University Press, 1999.

5-Roman Frydman, Gray, Cheryl, Hessel, Marek and Andrzej Rapaczynski, "When Does Privatization Work? The Impact of Private Ownership on Corporate Performance in Transition Economies," The Quarterly Journal of Economics 1999; and Roman Frydman, Hessel, Marek and Andrzej Rapaczynski, “Why Ownership Matters? Entrepreneurship and the Restructuring of Enterprises in Central Europe,” in Fox, M. and M. Heller (eds.), Corporate Governance Lessons from Transition Economies, Princeton University Press, 2006

6-Arthur Spiethoff, Jahrbuch für Gesetzgebung, Verwaltung und Volkswitchaft, 1903. Alvin Hansen marvelously surveys this era of economic thought in his Business Cycles and National Income, W. W. Norton, New York, 1951.






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The Effects of Community Violence on Child Development.....

 


Introduction,,,,

The communities that children grow up in can have a profound effect on the adults they become. Many children are raised in calm and supportive environments with a wealth of resources. At the other end of the spectrum, millions of children grow up under conditions of adversity. This often translates into the absence of basic resources necessary for development. But adversity can also reflect heightened exposure to negative events that shape life outcomes.

internationally, too many children and youth experience high levels of community violence exposure. For example, in a nationwide survey in the U.S., 55% of adolescents reported some type of exposure to community violence.In the U.S. at this time, homicide is the second leading cause of death for youth between the ages of 10 and 24, although this figure includes family violence and other types of violent victimization.These high rates extend to involvement with lesser types of violence. For example, according to the Youth Risk Behavior Survey,



Recent Research Findings,,,

What is the impact of violence exposure on child development? One clear message is that “violence begets violence”– children who experience violence are more likely to become ensnared in a cycle of violence that leads to future violent behaviour, including aggression, delinquency, violent crime and child abuse.This holds true for all types of childhood violence exposure including, but not limited to, community violence.

violence exposure has been shown to contribute to mental health problems , Psychiatric disorders including depression, anxiety and posttraumatic stress disorder (PTSD)...

Studies typically find gender differences in outcomes, with boys becoming more aggressive and girls becoming more depressed as a result of community violence exposure.

 Violence exposure influences development across multiple domains and at   different stages.   It can impact children’s neurological,physical, emotional, and social development.

 As these patterns of cognition become increasingly stable over time, they can lead to   characteristic patterns of thinking and action associated with aggressive and violent   behaviour.

Research Gaps,,

Although prior studies have addressed the importance of the broader ecological context, it still is the case that most studies examine the effects of violence exposure within a single context. Further, children and youth exposed to high levels of community violence typically experience other stressors or risk factors in their communities, families or among peers.


Conclusions,,,

In the U.S. and internationally, children frequently are exposed to high levels of community violence. Recent surveys estimate that more than 50% of children and youth have experienced some level of community violence exposure. This experience has been shown to have a negative impact on development leading to increased emotional, social, and behavioural problems.

Still, most youth who grow up in violent settings do not develop mental health or behaviour problems, although more research is needed to understand specific processes of resilience.

Implications for Parents, Services and Policy,,,

It goes without saying that the most important response to community violence exposure is to work collaboratively to reduce violence in the settings where children grow up. There are many examples of community-based strategies to reduce violence that have been effective. Parents can also limit children’s exposure to violence, even in more violent neighbourhoods, by carefully monitoring and supervising their activities. 





References

1. Richters, J. E., and Martinez, P. E. (1993). The NIMH community violence project: I. Children as victims of and witnesses to violence. Psychiatry, 56, 7-21.

2. McCart, M., Smith, D. W., Saunders, B. E., et al. (2007). Do urban adolescence become desensitized to community violence? Data from a National Survey. American Journal of Orthopsychiatry, 77, 3, 434-442

3- Guerra, N. G., Huesmann, L. R., & Spindler, A. (2003). Community violence exposure, social cognition, and aggression among urban elementary-school children. Child Development, 74, 1507-1522.

4- Guerra, N. G. (1997). Intervening to prevent childhood aggression in the inner city. In J. McCord (Ed.), Violence and childhood in the inner city (pp. 256-312). Guggenheim Foundation/Cambridge University Press.

6 Ways to Lose Weight Without Exercising This Year

 


How to Lose Weight Without Exercising,

There are plenty of tips on how to lose weight fast without exercise, from sketchy pills to crash diets that do more harm than good. While the age-old advice to lose weight is to exercise and eat healthy, what if you can’t workout regularly? Can you lose weight without exercise?

Weight loss without exercise is possible because there’s more to weight management than just working out. Hitting your weight loss goals involves several aspects, from what you eat to regular movement (don’t worry, we’ll explain the difference between this and exercising).

Below, we share tips on how to lose weight without exercising, including focusing on healthy nutrition, drinking plenty of water, getting quality sleep, considering weight loss medication and more.


Can You Lose Weight Without Exercise?

You’re probably well aware that maintaining a healthy weight has many benefits, from reducing the chances of developing obesity to decreasing the risk of health conditions like cardiovascular issues and high blood sugar.



Focus on Nutrition.

While no specific diet is best for weight loss, experts generally recommend a calorie deficit (eating fewer calories than you burn) and eating low-calorie foods.




Daily Movement.

Regular movement to lose weight is more than just getting in a tough hour-long workout and calling it a day. Getting lighter movement throughout your day can also have big benefits for weight loss.



Hydration.

Regularly drinking water can also help you lose weight, so make sure you get the average of eight glasses a day recommended for most adults.



Reduce Stress.

Practicing relaxation techniques like meditation or breathing patterns could help manage general stress, as well as stress around overeating or weight loss..




Plenty of Rest.

Similarly to stress, poor sleep or lack of sleep may mess with your appetite by disrupting the hormones leptin and ghrelin.




   conclusione...

 weight loss without exercise is still possible. Focus on balanced, healthy eating and aim for   some movement every day to manage your overall wellness.





Peptides for Arthritis: What Are They & Do They Work?

 GET PEPTIDES FOR ARTHRITIS

 

Understanding Peptides & Their Role in Arthritis Treatment

Peptides are small chains of amino acids that play important roles in our bodies. 

In arthritis treatment, peptides act like messengers that can reduce inflammation, repair tissues, and support the body’s natural healing. 

By interacting with specific cells, peptides can help change how the body responds to arthritis.

How Peptide Therapy Works for Arthritis

Peptide therapy (check out our article on what peptide therapy is) targets the root causes of arthritis by using peptides for inflammation, which improves joint lubrication and helps to repair damaged tissues. 

Benefits of Peptide Therapy for Arthritis

There are many benefits of peptides for arthritis, including:

Reducing Pain & Inflammation

Studies have shown that peptide therapy can significantly reduce pain and control inflammation in arthritis patients. 

Improving Mobility & Quality of Life

By addressing both pain and joint damage, peptide therapy helps improve mobility and overall quality of life for people with arthritis. 

IMPROVE YOUR JOURNEY WITH ARTHRITIS

 

Peptides for Joint Pain: Beyond Arthritis

Maintaining Joint Health.

How Kinnection Clinic Can Help with Peptide Therapy

At Kinnection Clinic, we focus on providing personalized health solutions tailored to each patient’s needs.

Practical Considerations

Peptide therapy is suitable for many people with arthritis, but eligibility depends on factors like the type and severity of the condition. 

Safety and Side Effects

Peptide therapy is generally well-tolerated, with minimal side effects. 

Common side effects, if any, may include mild injection site reactions. 

Our team ensures that all treatments are administered safely and effectively.

Conclusion: Peptides For Arthritis

Peptide therapy is an exciting advancement in the treatment of arthritis and joint pain. 

By targeting the underlying causes of inflammation and promoting tissue repair, peptides offer a comprehensive solution for improving joint health and quality of life. 

At Kinnection Clinic, we are committed to providing innovative and personalized care. 

Contact us today to learn more about our peptide therapy options and schedule a consultation!



Top 6 Best Collagen Supplements for Menopause in 2025

For ladies going through menopause, collagen enhancements can be especially valuable. Menopause can cause a decline in estrogen levels, which can prompt a deficiency of collagen in the skin and bones. This can bring about dry, diminishing skin, fragile nails, and more vulnerable bones. By taking a collagen supplement, menopausal ladies can assist with supporting their body's regular collagen creation and keep up with sound skin, hair, and nails.

1. Wholesome Wellness Su per-Absorb Multi Collage.


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TERRA ELMNT Super Multi Collagen Burn.

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4. Vital Vitamins Multi Collagen Complex.

5. Nutrivein Multi Collagen Pills.

6. TERRA ELMNT Super Collagen Burn.