My Firm’s Acquisition Essays

My Firm’s Acquisition Essays My Firm’s Acquisition Essay My Firm’s Acquisition Essay My Firm’s Acquisition Name: School: Course/Number: August 16, 2011 Instructor Name: My Firm’s Acquisition As the CEO of McCann Erickson, I am trying to acquire Ogilvy Mather advertising company, which is the same size with our company. With its acquisition, our firm is bound to become the biggest market leader in the advertising industry. Ogilvy Mather being a foreign international company in many countries around the world, we are sure to become the market leader through an acquisition in the whole world without competitors coming in close. Considering that both firms are ion the same industry, an acquisition would come in helpful in saving costs through economies of scale and a synergetic benefit as well as added expertise and diversity of services. However, considering that majority of acquisition and mergers do not go well and end up causing more problems than benefits, a close analysis will need to be conducted to come up with the best way to go about the acquisition. McCann Erickson is one of the biggest worldwide agencies that has specialized in traditional advertising and offers a wide range of marketing services through the McCann world group that coordinates several other companies such as Futurebrand and Weber. Our company has been in existence for around 8 decades and has had a vast experience in multinational services. The firm is based in the United States of America with its headquarters in New York City. The firm uses its local expertise together with its resources to build a reputation that makes it among the biggest agencies. Ogilvy on the other hand, is an international firm. Ogilvy Mather on the other hand, as mentioned earlier is an international company in the same industry in advertising, marketing and public relations. It was established around 948 in Britain as a simple service firm of few workers to become one of the leading advertising firms in the world today. The firm is currently based in Manhattan making it ideal for neg otiations of the acquisition since it is within United States. More so, the company has engaged in more diversified activities such as providing consulting services for clients and formulating strategies for its clients that they call cross-cultural marketing practice. Procedure Considering that most of the acquisitions fail, a procedure to ensure this does not happen will be required. Most of acquisitions fail due to the amount of acquiring the firm paid especially if it was too high and outdoes the benefit of the acquisitions. However, acquiring price is not the only problem causing failure of acquisition, but also other factors such as difference between the firm cultures and operation. In my acquisition of Ogilvy Mather, I would proceed using the following steps to ensure everything goes well to avoid failing in the future. The first strep would be establishing an acquisition team to undertake the acquisition procedures that will include all stakeholders (acquisition.gov, n.d.). The best thing to do is have a team to undertake the acquisition project that will contain professionals, as well as stakeholders to ensure they are aware and contribute to the process considering that know the profile of the firms well. This way, all the team members will focus on one goal of coming up with the best strategy. The team will be issued with specific duties per person and they will be empowered to carryout their roles effectively. In this team, the senior management from both firms would be involved since they are aware of the companies’ performances and the worth of the company. The second step would be describing any problem that may arise or needing to be solved. In this step the team should be focusing I on what the firms aim to solve or improve such as the problems with the firm to be acquired consideri ng that during acquisition the problem or issues are such as reducing costs, building expertise and solving the problems within the firm. The team should seek to define the desired outcomes from both firms at this stage, whether the acquisition can help meet the organizational goals, which in our case is becoming the biggest market leader and doubling our size of our firm. The third step would be examining the market sector, both private and public so that the team can know the possibilities or opportunities in the market place for the firm. This way, the team can be I a position to know what opportunities are available in the industry after the acquisition and whether the goals of the firm are achievable (acquisition.gov, n.d.). After this steps, the fourth step would be developing a performance-based acquisition that would involve conducting an analysis and formulating the objectives of the firm. Then an analysis of job would follow and then complete a performance statement for the company (acquisition.gov, n.d.). This way the team would have a draft of expected performance after the acquisition and implementation would be easier. The fifth step would be developing a way of measuring performance after developing the performance-based acquisition. This will come up with the strategy to follow in managing the performance of the firm after acquisition to achieve the desired and set out goals. This would involve selection of measure for judging the performance of the firm after acquisition to find out if there is any problem with the strategy used. The sixth step would be finding the right contractor for the work, one who will understand the performance-based acquisition set out by the team (acquisition.gov, n. d.). The contractor must know what the firm needs and possess the necessary requirements for executing the strategy. Collaborating with a good contractor will help solve some of the potential problems that arise after acquisition. The last step is putting the contractor as part of the acquisition team to work together. This last step involves allocating resources to the contractor and the team to execute the plan well that involves maintaining the team, restructuring the roles and assigning responsibilities for managing contract performance (acquisition.gov, n.d.). The contractor is supposed to ensure that all goes as planned by the team. Using these seven steps, the acquisition is bound to succeed and potential problems that cause failure will be dealt with easily after the acquisition is done. Institutional-based Issues Some of the institutional issues I am likely to encounter in the acquisition are the need to responding to constraints in the institutions and transitions after the acquisition. Most of companies at most times do not fit in most of the aspects, and such issues will arise, making a bit difficult to integrate easily (Peng, 2010). Such issues can be handled prior to acquisition to ensure that after acquisition, there will be no hard time integrating the systems of the companies together. The other issue is hard behavior ad norms that may be hard to kill to get a chance to acquire the firm such as hubristic managers and who may feel that their firm is worth more and may not feel they are better in some things and may want to remain in control (Peng, 2010). Resource-based Issues Resource –based issues are such as leveraging of the management capabilities of the two firms after acquisition that may be a little hard considering the size of the firms. Ogilvy Mather could be better in some certain management than we are while we could be better at other management places such as in traditional advertisement management. The other issue that could be encountered is integrating the resources such as cash and human resource to realize the best combination of roles and maximum productivity. More so, the integration of the intangible assets such as the reputation might be quite hard (Peng, 2010). Motives of my Acquisition The first managerial motive my acquisition is synergy that comes with combining of two firms. With acquisition of Ogilvy Mather, there will be a chance to build more power in the market since all resources used by the form will be used together with ours. This way, our weak points in terms of resources will be eliminated and some of the unused resources will be used for better purposes. In addition, this will increase our economies of scale and access to more resources. With economies of scale, there is a greater possibility of reducing costs especially from attained discounts. The other motive is growth of our firm to become the market leader as well as have the biggest market share. With acquisition, we are in a position to enter markets that we did not serve while at the same time we shall maintain the market of Ogilvy Mather. Another motive is to create value of shareholders’ wealth as well s increase the value of the stock. Innovation is the other motive that will be ea sily achieved through combined expertise of the firms after acquisition since each firm has its strong brands that will build a bigger band together (Peng, 2010). With acquisition of the Ogilvy Mather, we are in position to retain their market share and make a bigger firm after combining its resources. More so, with such an acquisition, McCann Erickson is bound to be the most powerful firm in the industry that will give us the chance to the advertising industry (Peng, 2010). However, the performance of the acquisition has to be considered first before such motives. In addition, my motive is to negotiate the most successful acquisition by ensuring that its performance is quite good. Our motives can be achieved with proper implementation of the acquisition and ensuring not to offer a bigger premium than benefits that we would get to ensure a successful acquisition. Hubris I do posses hubris considering that I am confident that my organization is the best suite to perform this acquisition and ensure success. The reason that makes me possess hubris is out of my vast experience in the industry, which has made be a better CEO. I learned that confidence boost my capabilities in executing my duties. More so, it makes me more aggressive in business that further aids my guts to take up risky situations that have brought me to my current position. However, I ensure that my hubris character does not ruin my firm and I ensure to involve others in making decisions. Ensuring Success of the Acquisition To ensure that the acquisition is going to be effective, during the performance based acquisition development, we shall consider several strategies. One of the strategies is speed at which we acquire and integrate the firm with our company. It is important to assimilate an acquisition swiftly to avoid losses and realize the synergetic benefit as early as possible to avoid having to incur costs due to unplanned acquisition. With the developed performance-based acquisition, it will be easier for our firm to integrate Ogilvy Mather into our strategy considering that comprehensive analysis abut the matching of the firms shall be done before the acquisition. This will include making quick decisions about the leadership of the firm, processing the necessary administration operations such as compensation, the business cards, and integrating the human resource to ensure harmony among the employees (cpstrat.com, 2011). The other strategy to ensure success of the acquisition is integrating sales to have one or combined sales team, marketing and service deliveries to ensure that everything id run smoothly and to enable tracking of performance. Considering that staff will play a big role in the success of the acquisition, there will be a staff rearrangement where the best will be retained and those that may not fit within the new working culture will be eliminated to ensure only productive ones are left. There will be a clear vision outlined that supports the new acquisitions and considers goals of the new entity formed after acquisition. The statement will be for all stakeholders to understand. Moreover, many acquisitions have failed to lack of better communication and joint management. Before our acquisition, we shall have a selected team of leadership to ensure the acquisition will not waste time on selection of top management after acquisition. The selected leadership team will be served with the responsibility of integrating the employees after the acquisition and ensure communication flows freely from top-down and down to top (cpstrat.com, 2011). Conclusion Acquisition of Ogilvy will not be easy, however, with careful planning the right team it is bound to succeed. With the strategy mentioned above, it is my intention to ensure that I dedicate my self to ensuring it goes as smoothly as possible so that our desired goals and objectives of doubling the size of our firm is achieved. Io intend to work with the management team of the Ogilvy Mather company to ensure that we come to a deal that will be of benefit to all of us including the shareholders who want to realize the best value of their investment. I call upon all the personnel that will be involved to cooperate and make sure the process runs smoothly and fast enough as it would be necessary. References cpstrat.com. (2011). Merger and Acquisition Success Strategies. Retrieved from cpstrat.com/merger-and-acquisition-success-strategies acquisition.gov. n.d. Seven steps to performance-based acquisition. Retrieved from https://www.acquisition.gov/comp/seven_steps/home.html Peng, M.W. (2010). Global Business. Hoboken, N.J: Cengage Learning.

Chinas Three Sovereigns and Five Emperors

Chinas Three Sovereigns and Five Emperors Back in the earliest mists of recorded history, over four thousand years ago, China was ruled by its very first dynasties: the mythical Three Sovereigns and Five Emperors. They ruled between about 2852 and 2070 BCE, before the time of the Xia Dynasty.   Legendary Reigns These names and reigns are legendary more than they are strictly historical. For example, the claim that both the Yellow Emperor and Emperor Yao ruled for exactly 100 years immediately raises questions.   Today, these very earliest of rulers are considered demigods, folk heroes, and sages all rolled into one. The Three August Ones The Three Sovereigns, also sometimes called the Three August Ones, are named in Sima Qians Records of the Grand Historian or Shiji from about 109 BC.   According to Sima, they are the Heavenly Sovereign or Fu Xi, the Earthly Sovereign or Nuwa, and the Tai or Human Sovereign, Shennong.   The Heavenly Sovereign had twelve heads and ruled for 18,000 years.  He also had 12 sons who helped him rule the world; they divided humanity into different tribes, to keep them organized. The Earthly Sovereign, who lived for 18,000 years, had eleven heads and caused the sun and moon to move in their proper orbits. He was the king of fire, and also created several famous Chinese mountains. The Human Sovereign had only seven heads, but he had the longest lifespan of all the Three Sovereigns - 45,000 years.   (In some versions of the story, his whole dynasty lasted that long, rather than just his own life.)  He drove a chariot made of clouds and coughed the first rice out from his mouth. The Five Emperors Again according to Sima Qian, the Five Emperors were the Yellow Emperor, Zhuanxu, Emperor Ku, Emperor Yao, and Shun.   The Yellow Emperor, also known as Huangdi, supposedly ruled for an even 100 years, from 2697 to 2597 BCE.   He is considered the originator of Chinese civilization.   Many scholars believe that Huangdi was actually a deity, but was later transformed into a human ruler in Chinese mythology. The second of the Five Emperors was the Yellow Emperors grandson, Zhuanxu, who ruled for a modest 78 years.   During that time, he changed Chinas matriarchal culture to a patriarchy, created a calendar, and composed the first piece of music, which was called The Answer to the Clouds. Emperor Ku, or the White Emperor, was the great-grandson of the Yellow Emperor.   He ruled from 2436 to 2366, just 70 years.   He liked to travel by dragon-back and invented the first musical instruments. The fourth of the Five Emperors, Emperor Yao, is viewed as the wisest sage-king and a paragon of moral perfection.   He and Shun the Great, the fifth emperor, may have been actual historical figures.   Many modern Chinese historians believe that these two mythological emperors represent folk memories of early, powerful warlords from the era just before the Xia Period. More Mythological Than Historical All of these names, dates, and fabulous facts are obviously more mythological than historical.   Nonetheless, it is fascinating to think that China has some sort of historical memory, if not precise records, from about 2850 BCE - almost five thousand years ago. The Three Sovereigns The Heavenly Sovereign (Fuxi)The Earthly Sovereign (Nuwa)The Human Sovereign (Shennong) The Five Emperors Huang-di (The Yellow Emperor), c. 2697 – c. 2597 BCEZhuanxu, c. 2514 – c. 2436 BCEEmperor Ku, c. 2436 – c. 2366 BCEEmperor Yao, c. 2358 – c. 2258 BCEEmperor Shun, c. 2255 – c. 2195 BCE

Crash Assignment Example | Topics and Well Written Essays - 750 words

Crash - Assignment Example However, the reality is that most of us end up harboring racism inside, without letting anyone be aware of it. It is so well hidden that sometimes even we are unaware of it. The racism has its own way of coming out, for instance, in the case of an accident, if one of the drivers is a woman, most of us will automatically make the sexist remark about how women cannot drive. Just like Ria does in the movie when she is involved in an accident with an Asian woman, most of us end up letting our prejudices get the better of us when we are involved in an altercation of any sort. Though, normally, we are unaware that such prejudices reside within us. Interestingly enough, I feel, we cannot blame this trend on lack of education. Our educational system, we think, ends our prejudices, or at least weeds them out. What we are unaware of, however, is that most of the time our bigotry is latent within us, despite the refinement and education we undergo. Our inner instincts are sometimes witness to the fact that we do harbor biases within us. In Crash, Jean Cabot, who is the wife of the local District Attorney, and a very educated and cultured woman, still reaches out for her husband’s arm for protection only because she sees two black men crossing her path. This brings us to stereotyping. I feel stereotyping is wrong, no matter what the generality. There are no positive stereotypes. When we lump up a group of people together based on the color of their skin, or their gender, or any other outward appearance, we are, essentially, showing that a bias exists in our minds. We make an image, often unrealistic, in our minds about all of the people of a certain gender, or class, and then judge everyone by it. A case in point would be the way all of us tend to indulge in blonde jokes – jokes about blonde women, and how dimwitted they are. The reality

Developing Potentially Highly Profitable New Systems Technologies Essay

Developing Potentially Highly Profitable New Systems Technologies - Essay Example The new technology is emerged in business for improvement for buyer’s access to the important and critical information. The advantages and disadvantages of the competitors that already have adopted the new technologies are observed and important factors are taken from it. The success rate for adding new technologies into business is critically viewed from other companies. The success factors are in both forms like tangible and intangible benefits, so measuring intangible benefits are harder and some time results are long term like improvement in operational efficiency, the improvement of decision making of customer. (Turban and Volonino). Electronic Business (E-business) Electronic business (E-business) is a business done through the online network and internet. It provides channels among customers, supply chain partners, employees and other concerned persons. The firm needs to develop the e-business as a new technology. The performance measures like incentives and different o perating models are applied for promoting the business. (Turban, Volonino and Wood, 157) The basic demand of e-business is to maintain the website regularly. The business-to-business (B2B) sites may have many weak points that must resolve for getting improved performance of the e-business. By following such important factors and by focusing the performance measures make a positive impact of the e-business and also the firm gets benefited through it. The emergence of information technology improved the productivity of the products in firm. The demands of consumers are fulfilled according and through ease, so it is also important to make the e-business fully secure and reliable (Turban and Volonino). The intangible benefits for a multinational firm are the soft profits it takes from website. The accuracy and quick response not only for Web servers but also the software of e-commerce and databases need to respond quickly. The less web issues promote the business to success and results in customer satisfaction, which is great intangible profit for the multinational firm. It also provides tangible results for the multinational firm, when customers are more satisfied with e-business and easily and quickly perform the business tasks. (Turban and Volonino163) Fig.1 E-commerce Model (Source: Turban, Volonino and Wood, 166) The e-business promotes the business to success, and both tangible and intangible profits are shown in the firm. By following the models like B2C and G2C and many other strategies, a business can grow and enhance the productivity. These models are known as business markets that provide success to the business (Turban, Volonino and Wood, 156). The B2C market covers the national and international market, the buyers and sellers are organizations. So it is also called e-tailing (electronic retailing). Another market named C2B that is consumer based market and covers the consumer that purchases the products from firm. G2C is the market work among Governme nt-to-citizens this market provides services from Government agencies to the local citizens. And the business-to-Government market sells different types of products and also provides services to the government agencies (Hubbard). Funding of a Project and convincing the senior management Most of the companies shape product process development through the information technology. Increased productivity and quality improvement have been seen with the adaption of the new technology. Many of the manufacturing companies find it a methodology for the faster product development cycles, high level quality products and shorter production schedules. Justification of advantages of new technology before senior management is about economic issues and related advantages. The view is to cut the cross

Where The Red Fern Grows :: essays research papers

Billy was walking home one day when there was a dog fight in the ally and he went to investigate to see what was going on and there was a bunch of dog’s beating up on one dog so he decided to get involved and break it up. They all scattered away when they saw him coming. The dog that was getting beat up on was lying on the ground in what looked like a lot of pain. He rushed over and noticed he was a beautiful hound dog. He also noticed that he wasn’t hurt that bad, just scared. This hound dog reminded him of his hounds that he had had when he was just a boy. Billy was very happy the dog had come through town, because he had stirred up a lot good memories for Billy.   Ã‚  Ã‚  Ã‚  Ã‚  When Billy was a boy he had a major addiction to wanting a pair of hound dogs. However, as much as he wanted a pair of hounds he did not receive them. Every now and then he would hear the neighboring dogs calling treed to their masters, and their masters whooping back to them to tell the hound that they were on the way. This encouraged Billy to wanting a hound more. His dad told him one day that his grandpa wanted to see him as soon as possible. Once he got to his grandfather, his grandfather told him that he had seen an ad in the newspaper for some hound dog pups. That’s when Billy finally had decided to do something about this â€Å"not having a pair of hound dogs† problem. So he went and got an old tin can and started putting money in it that he made from working in the fields. Over the next year he had saved up enough money to buy his hound dog pups. He hiked over the mountains to the nearest town post office because that’s where his dogs where going to be until he picked them up. He got to the post office and put them in a potato sack bag and headed for home. His grandpa had given him a coon trap so he could train his dogs. He named his dogs Old Dan and Little Anne. They made a great set. By the time hunting season had come he had his dogs trained and ready to go. The first night they treed their first ringtail coon.

The Humanization of Gods and Kings in Renaissance Art

The Renaissance period of history was one that provided profound changes in the way in which people viewed traditional modes and models of thought, self-awareness, science, religion and art. What is interesting is the in the art of the Renaissance period is that the pulse of the time period is clearly reflected because much that was not explicitly stated in other modes is clear in the subtext of the artwork as subtext often appears below the radar of, for lack of a better term, censors of the period.When Galileo announced that the earth revolved around the sun and that the commonly held belief that the sun revolved around the earth was a fallacy, he was promptly thrown in jail. Therein lies one of the most forgotten aspects of the revolution of the Renaissance: much of what has become accepted in today’s day and age that derived from the brilliance of the Renaissance thinkers was not exactly welcomed by the traditionalists of the day. However, if there was a common flaw presen t within the realm of traditionalists it would be the fact that traditionalists are not known for possessing the common faculty of creativity.As such, much of the anti-traditionalist viewpoints of the Renaissance are present within the artwork of the Renaissance period and this anti-traditionalist, anti-classical approach found in the artwork are revealed upon closer examination of said artwork. Caravaggio’s The Calling of St. Matthew looks somewhat benign on the surface, but its underlying subtext betrays a profound departure from what is commonly considered the imagery of artistic representation of gods and kings.In order to understand this radical departure one must examine what was the common classical imagery of religious figures in the traditional era. That is to say, the traditional and classic imagery of religious figures was primarily one of idealization. The figures presented in Greek sculpture, for example, were generally depicted as flawless entities. The imagery was devoid of imperfections and it was clear that those represented and displayed in the artwork were presented as being ‘otherworldly’ and definitely not representative of the average person.(This lack of imperfection in the imagery of the gods is where the colloquialism â€Å"a body like a Greek God† derives) Now, this imagery of perfection was not designed in such a matter to be deceptive. Rather, it was done in such a way because there needed to be a distinct representative difference between Gods and Kings vs. plebian populace members. To a great extent, this was done in order to facilitate a belief in the gods. While there are many myths and legends found in the tales of the Greek gods, much of what is found in these tales was completely absent from the average daily life of the Greeks.The entirety of their religion was based on the premise of the existence of constant interference in the lives of ‘regular’ by mythic creatures, deities and enti ties, despite the decided lack of presence of any of these fantasy images in the daily life of those who believed in the legends. Hence, the legend of the myth must b preserved and in order to preserve the belief clearly no representation of the gods could invoke any criticism. Because of this, the visual imagery of the gods often wallowed in images of absolute perfection as a way of separating the gods from the common people.In Caravaggio’s world, the artist takes the opposite approach and in doing so the artist is consistent with the Renaissance approach to art which generally promoted a radical departure from classical art. To put it bluntly, classical art had long since become passe and was fairly boring and repetitive by the time the Renaissance occurred. The art world required a compelling new format and in The Calling of St. Matthew there is clearly evident a major departure from the classical art because religious figures are clearly de-mythicized and made far more hu man.Hence, religion becomes more real because it is in the hands of the people and not in myths. When one looks at the image of St. Matthew in the painting, there is an interesting psychology present within the frame: it is clear that St. Matthew is an everyman. That is, he is not a mythic god or a hero born of the gods. He is a normal person who lives in the real world surrounded by real people. Hence, St. Matthew is far more believable and more credible a figure than a mythic legend. Furthermore, to be like St. Matthew is attainable.For the average human to be like Hercules is impossible. However, to be like St. Matthew is attainable for all one needs to do is to turn one’s back on vice and live a life of faith. In the painting, there is a clear representation of Matthew turning his back on the world of money lending which is a life of vice. As such, to be like Matthew is attainable and this is an ideology that is thoroughly removed from the classical representation This ty pe of imagery is further seen in the neoclassical work of Jacques Louis David’s The Death of Marat.Jean Paul Marat was a hero of the frnch Rvolution who gave up a very successful life as a scientist to join the â€Å"good fight. † This would prove to be his undoing as he would later be assassinated. As such, Marat has bcome a symbol of selflessness and revolution in world imagery. What makes this painting interesting is the fact that there is a mix of humanizing and deifying the subject matter that while seemingly paradoxical on the surface is crafted into logical sense in the actual presentation within the painting.In other words, Marat is pictured at the moment of his death and his death appears remarkably unremarkable. In other words, he does not die in a cinematic or melodramatic manner. He collapses and dies like any other human. While a hero and an individual who achieved in his life more than what any other person in the world may achieve, he returns to â€Å"n ormalcy† in death. In a way, the subtext here is that any person can be a hero if they so seek to achieve such heights and one does not need the mythic powers of the classical heroes in order to make a difference,Additionally, Marat’s death imagery is very derivative of the common images of Jesus Christ’s death. Again, there is much subtext at work here as the similarity in the imagery would infer that Marat’s sacrifice was Christ like and selfless. Furthermore, it would also infer that the ability to be like Christ is found within everyone and can be achieved if one dedicates his or her life to such Christ like values. This is a RADICAL departure from the unattainable heights the classical gods and heroes embody in the ancient myths of antiquity.If there ever was a painting of the period that thoroughly lambasted the classical notion of gods and kings it would be Goya’s Saturn Devouring One of His Own Sons. In the legend of Roman (Greek) myth, Satu rn believed that his own sons would supplant his rule so he ate them. Now, this may seem morbid when reading the words, but there never was an image that depicting such a description much less one that depicted Saturn in such an unflattering manner. There is good reason for this: in Ancient Rome one would have been tortured and put to death for such an unflattering image.With Goya, the image is presented and it is presented in about as unflattering a manner that it could possible be presented: Saturn is depicted as a homicidal, maniacal lunatic. The expression in his face is that of insanity and mania. He is depicted about as far from a god as possible and the ugliness of his actions is clear for the world to see. In a way, this painting provides the proverbial final nail in the coffin of the traditional image of gods and kings by essentially stripping away any veneer of anything positive.The actions of the god are despicable and there is no attempt to put a positive spin on it. In a way, it would seem that those classic thinkers who repeated the tale of Saturn were nothing more than apologist for bad behavior and with his painting Goya essentially kills off the classical notion of what it was to be a god not by creating a false image, but by creating a realistic image. Bibliography Schneider, L. (2001) Italian Renaissance Art. New York: Westview Press. Snyder, J. (2004) Northern Renaissance Art. New Jersey: Prentice Hall.

Communism, Democracy, And Capitalism - 3017 Words

Ideology â€Å"Mankind must put an end to war or war will put an end to mankind.† John F. Kennedy, September 25, 1961 The cold war was a violent clashing of ideology, communism was battling with democracy. It was one of the most emotionally charged war, and time, in American, and possible the globes history. There was great fear of a global nuclear conflict, that would leave thousands dead, and essentially ending the world as we had ever know it. I will cover the history that is the cold war, and delve into the philosophies of the two main nations involved. I will be comparing the ideas behind communism, democracy, and capitalism. When World War II ended it was decided that the best defense against the Soviet ideology was a strategy of containment. George Kennan explained his policy n 1946, in the Long Telegram. The Soviet Union is a political force committed fanatically to the belief that with the U.S. there can be no permanent modus vivendi (agreement between parties that di sagree); George Kennan went on to say that long-term, patient but firm and vigilant containment of Russian expansive tendencies was necessary. Harry Truman echoed these ideas. It must be the policy of the United States to support free peoples who are resisting attempted subjugation by outside pressures. This ideology is one that we implement to this day. The United States used this situation to justify a astonishingly large arms buildup. In 1950, a National Security Council Report known asShow MoreRelatedKarl Marx And Friedrich Engels1626 Words   |  7 Pagesvillains of capitalism, were authors who wrote The Communist Manifesto. Their theory argues that class struggles or the exploitation of one class by another will give rise to a new world order in which society as a whole will take control of their own destines. 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Shaky foundationsRead MoreCapitalism Vs. Communism And Communism1266 Words   |  6 PagesRaia Creative Writing 1 5 May 2015 Capitalism vs Communism Throughout history, people have tested many different political systems have a better society. The most common political systems that people have tested are monarchy, oligarchy, theocracy, aristocracy and democracy. I will talk about capitalism and communism in this research paper. Both those systems are created to change the economic situation. There have been a huge debate about Capitalism vs Communism. Throughout this research paper, IRead MoreWhy Karl Marx Thought Communism was the Ideal Political Party716 Words   |  3 PagesWhy Karl Marx Thought Communism was the Ideal Political Party Karl Marx was brought up in a Jewish community and society in his early years. His father was a lawyer, although he was descended from a long line of rabbis. As opportunities for Jews decreased Karl Marxs father, Herschel, decided to convert from Jewish to Lutheranism, which was the Prussian states religion. The Marx family was very liberal and often held intellectual conversations and was introduced to a lotRead MoreThe Cold War Between Communism And Communism1382 Words   |  6 Pagesto â€Å"lead the rest of the world to a future of international cooperation, expanding democracy, and ever-increasing living standards (Give me Liberty P952).† They wanted to express the idea of equality, civil rights, and the freedom to the world, and hoped to build an easier world for democracy and capitalism. However, Soviet Union, which was the only power that could rival the United States, claimed that communism could make the world more organized and ordered. Both countries hoped to expend theirRead MoreContrasting Views Of Postwar Germany820 Words   |  4 PagesWeaknesses of German Democracy (November 12, 1962)†. Eventually, defeated Germany was carved into Soviet, American, British and French zones of occupation. The city of Berlin, though technically part of the Soviet zone, was also split, with the Soviets takin g the eastern part of the city. The communist leader on the East side Ulbricht closed off the access between the East and West by building the â€Å"iron curtain†. This can be viewed as the official start of capitalism vs. communism and the Cold War TheRead MoreThe Cold War : American Liberalism Vs. Soviet Communism1627 Words   |  7 PagesThe Cold War - was at its root a battle of ideas: American liberalism vs. Soviet Communism. The two ideologies clashed at their very nature, which led to deep mistrust and fear of the unknown about the unpredictability of the other. The two world powers simply could not exist without conflict. As a result, The United States of America took measures to prevent the worst: war. The steps the U.S.A took to quench the possibility of war separated the world even more, as they gave aid to some countriesRead MoreStrengths Of Social Democracy1073 Words   |  5 PagesIs social democracy an effective means to achieving Marxist socialism? Marx and Engels’ Communist Manifesto (1888) outlined a prediction that the proletariat class would seize state power and abolish capitalism through collective ownership of resources and industry, leading to a socialist society founded on equality, leading to communism. This essay discusses the strengths and limitations of social democracy in achieving Marxist socialism, the answer to the question is more complex than simple ‘yes