Three phenomena that changed the modern world in the most significant Essay

triple phenomena that changed the modern world in the most significant ways over the past 500 old age - Essay ExampleIn the international market, only companies that have implemented superior strategic military operation management emerge above the competition. Capitalism is an aspect, which contributes to the elimination of individualism. This is because capitalism is concerned with industrialization whereby military personnel proletariat is eliminated in the production of goods and services. The machines, establish and machinery take the place of military personnel beings in the production of goods and services. In this regard, the human aspect is eliminated hence affecting individualism. Capitalism emanates from the innovativeness of personnel and division of labor (Getz, Hoffman & Rodriguez, 2009, p.45). This is manifested in the pin diligence illustration featuring the division of labor contributions to the increase in productivity of firms. Division of labor leads to inve ntion of plant and machinery and other equipment, which are essential in a capitalist economy. According to Smith, the offbeat of the workforce ought not to be given the first priority. Capitalism also shifts relevance from the welfare of employees to the production units. This is because the move deprives their human dignity. It is true that use of money gives satisfaction to the final consumers of commodities. This owes to the fact that consumers prefer saving as contrary to expenditure. Human labor provides utility to the consumers. The reliance on equilibrium in charging the consumers is controversial. Capitalism does not admit the plight of the laborers within an industry. Therefore, the labor the workforce provides is not the ultimate satisfaction for the company but a means to an end. Capitalism requires many people to work for a common goal and benefit (Getz, Hoffman & Rodriguez, 2009, p.49). The welfare of human beings in capitalism is valuable so long as it adds value i n the betterment of an industrys productivity. This is because material development is usually ensured at the