A Socialists Rant against Capitalism That Likely Cost Him His Life Essay

A Socialists Rant against Capitalism That Likely Cost Him His Life - Essay Example Instead of consistently pleading his innocence in the Haymarket bombing in Chicago, Engel converted his argument into a battle between socialism and capitalism. In order to tear down the United States’ form of government and economy – democracy and capitalism – Engel blamed the hardship and oppression of every workingman on the capitalist machine. Engel used his plea to the State’s Attorney to promote his own ideals, rather than focusing on his alibi to disprove the perpetrators’ false accusations against him. Engel took the stage as the champion of the poor, pleading that prosperous capitalists were the root of their demise who must be crushed by the united â€Å"workingman.† Engel, like socialists Karl Marx and Joseph Stalin, made everything black and white in his appeal for support, portraying the â€Å"freedom fighting† proletariat as good and altruistic, while characterizing the opposition – in this case, the â€Å"tyranny of capitalism† − as wicked, oppressive, conspiring, and slave-inducing. Engel used his address as a vehicle to attack capitalism and promote socialism – more than his own innocence – an ineffective transitory argument that more than likely cost him his life. Not until more than halfway into his address does Engel press his plea to denounce the murder charge against him for conspiracy in the bombing, of which he claimed to have no part. He and his fellow anarchists faced the gallows or years of servitude for their involvement in the massacre (Engel). But, for ideological reasons, Engel made what should have been his primary argument his secondary contention ? that the charges against him were baseless and ill-conceived. This assertion of innocence goes down in history as having merit, but instead of directly attacking those specifically responsible for framing him, Engel contended that â€Å"capitalist rule† was at fault behind all that had gone awry. If Engel would have contained his attack to the particular capitalists involved in the plot, he could have likely met a different fate. In a republic that quickly rose to world prominence by 1886 as a result of its democratic and capitalistic form of government, Engel’s case against it was not only unpopular at the time; it was extremely hard to prove. To denounce the perpetrators of the scheme against him and his fellow socialists, Engel made sweeping generalizations against capitalism, calling it a tyrannical, repressive, and wicked system used to make the rich richer and the poor poorer. Effectively side-stepping the fact that numerous immigrants came from Europe with nothing to become successful entrepreneurs in America, Engel depicted capitalism and democracy as little more than a vehicle and guise for slave labor. Unable to provide success stories of socialism in other nations, Engels unconvincingly promoted the questionable economic and political system as the only utopian ideal worth fighting for. Today, in retrospect, one only needs to revisit the numerous socialist regimes that turned into communist dictatorships ? such as the one started by the Russian Revolution of 1917 ? to understand the true dangers of socialism. With more than 20 million murdered under Stalin’s socialist ideals, Engel’s call to violently depose the capitalists is taken with an even greater grain of salt today – especially with George Orwell’s widely read and colorful depiction in Animal Farm that divulges the corruption of socialism/communism and its

Perspectives on International Trade and Finance Assignment

Perspectives on International Trade and Finance - Assignment Example Joining WTO posed a vital influence on the political as well as economic reforms of China which were learnt to be influencing the telecom sector as well. Xiaolingtong is a mobile network which was developed in the year 1999, before China joined WTO and was controlled by the Ministry of Information Industry (MII) which was considered to be the backbone of the fixed line service providers. Later on, significant developments were made with regard to Xiaolingtong which assisted in capturing a significant share in the foreign market. The government provided full support towards the development of Xiaolingtong but those developments were not regarded as vital in comparison to the mobile or cellular service providers. There were also few issues which existed in relation to the adoption or implementation of the 3G service in China’s telecommunication services which required the involvement of different services and technologies. Discussion Key Issues or Options or Alternatives There a re few issues which are known to prevail or subsist in the telecommunication system of China and these issues are believed to be preventing the overall development of the system. The telecom market in China was characterized with arbitrary pricing as well as promotion policies. The main focus was to gain a significant market share instead of increasing its market size by providing new and valued services. The telecom market or the sector was observed to provide increased focus on deploying various services without being much concerned regarding the underlying quality with respect to the value added services for creating differentiation or competitive advantage for their products in the international market. There was an existence of high regulatory framework which created uncertainty as well as risk for the 3G mobile services. China’s telecom policies lacked a proper implementation of the relevant laws as well as regulations. It was found in this respect that MII played a maj or role in regulating the policies for the telecom system in China as the policies were not considered to be transparent which led to uncertainties. It was identified that to develop an efficient as well as effective competition in the telecom market, the existence of an ‘Independent Telecom Regulatory Authority’ was highly required. When China joined WTO, it should have then established an ‘Independent Telecom Regulatory Authority’ for the purpose of developing its telecom industry, but failed to do as MII used to formulate plans and policies as along with managing the telecom service providers (International Trade Administration, 2010). The telecom industry of China needed to conduct its business in partnership with some other international telecom services to compete in the international market. The firms formed out of Chinese partnerships with the foreign associates usually remained stated owned and lacked adequate experience in terms of competing in th e international market. The telecom equipment requires qualifying through various certifications as well as testing prior to their implementation and installation. A certain degree of limitation is imposed in China with regard to the aspect of foreign investment which restricts foreign companies to exercise control over the management of the Chinese telecom industry. A WTO obligation