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Political Science Research Paper 2022

   

Added on  2022-09-25

6 Pages1401 Words15 Views
Running head: POLITICAL SCIENCE
Political Science
Name of the Student
Name of the University
Author Note

1POLITICAL SCIENCE
The following is the response paper through which some resources will be analyzed for
the understanding of the readers. The probable factors for the response paper are the various
issues like the evolution of the market pattern in the capitalist scenario, the nature of
developmental states, political issues and different perceptions regarding it, the conflicts between
labor, land, money and many other issues in the society. All these factors will be discussed in
this response paper to find out their similarities and differences and main sections to understand
the issues in the society. These issues have been prevalent and people should understand the
significance of these matters.
In the first resource named The Self-Regulating Market and the Fictitious Commodities:
Labor, Land, and Money, the modern concept of the market has been discussed and its various
attributes have been highlighted. The main stress has been put on the importance of the markets
in the economic life of the society. The rationality of the markets has paved the conditions for the
better solutions to the issues that have developed under the current mercantile system. The stock
of capital is believed to be one of the most crucial aspects of their business services in the recent
era. The human capital and natural resources are the most precious things for the services of the
several businesses because the common people must be benefitted by all these business standards
all over the world. The income rates must be equal in terms of the stock sales and its issues
regarding the availability of the human capital. Various new kinds of human capital would be
innovated through these measures and people would be able to get the overall benefits. The
natural resources could also be utilized also.
Here the meaning of the self regulation implies to the fact that the overall production
should be utilized for the sales and the profitability will be measured on the basis of these sales
figures. Arguably, this kind of capitalist structure has provided several positive outcomes for the

2POLITICAL SCIENCE
development of the market properly (Vu, 2007). The wages of the labors must be distributed
properly and this is the only mode of balancing between the production and the distribution of
money across all the regions. The prices of the commodities must be managed according to the
demands of the products and the ways of supplying it to the distributors.
In the book Comparative Politics, the concept of pragmatism in the global politics has
been discussed. It has many close connections with the economic factors that provide a kind of
similarity with the previous resource. The political and economic issues always help the situation
to sum up better and shows the ways for the developments in the new world. It has also been
showed that the casual claims made regarding the politics and ethnicity must be considered due
to the unavoidable economic circumstances.
However, both these resources have focused on the economy and suggested the ways in
which the capitalist market system can assist in building up a safe future for all the people in the
world. The views on political economy by Max Webber have been put through properly (Vu,
2007). All these issues put forth by the historian can be relevant in answering the struggling
situations in the global politics. Some intersecting modes have been developed in this system so
the investigations can be carried forward (Hall & Soskice, 2001). The difference between these
two resources lies in the fact that this book has been illustrated on the political factors regarding
economy but the other has focused on core economic systems of the mercantile systems.
The third resource to be discussed here also discusses on the political spheres of the
developmental states and the name of this resource is State Formation and the Origins of
Developmental States in South Korea and Indonesia” It is basically focused on core political
concepts and the historical origins of the various developmental states in the world and

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