High Point Paper 1 - "War of Thinking" 1) The height of command is basically a story of competitive economics, it has very serious consequences for the prosperity and ultimate living of billions of people all over the world I will bring it. On the other hand, we acquired Keynesian economics of government intervention in national economic and economic planning (initiated by John Maynard Keynes), and the market is quite limited. On the other hand, we give the opposite theory of allowing free market, and government intervention supported by Friedrich Hayek et al. After the introduction for about 14 years, the rise and rise of the two economic thought schools are highly controversial and have direct influence on every country in the world. The first chapter of the theme entitled "The Collapse of the Old Order" is the period in which the United States and the UK, and the free market economy are fully dominated, most importantly. Essentially, for many Americans and British citizens capitalist markets and principles allow unprecedented comfort and access to goods and services. The enjoyment of the UK is due to the achievement of that colonial empire. The United States, especially in the southern part of the Civil War, is in the era of rapid and large-scale sustainable industrialization, which promotes the relative prosperity of people. As long as funds are not an issue, this is "the era of industry", most substances can be used. The reason for the collapse of "old order" was a major influence on World War I and its human resources, as the concerned countries needed a large number of soldiers to participate in the war. It affected the UK in particular, and numerous casualties came out. After the war, the UK's unemployment rate rose sharply, but the US did not rise. The US exit war was relatively unaffected, it made a big leap in prosperity and the activity of the stock market rose sharply. This war also destroyed Germany, France and most people.
Russia This has brought terrible poverty in most parts of Europe and has devastating effects on the future world war. "Highland Communism", as you can see, shows the deprivation of tens of millions of people worldwide who feel the failure of capitalism. This will provide a powerful foundation for socialist thought, especially in areas affected mostly by the First World War, such as Germany and Russia. As history shows, the revolutionary promotion in Russia is very powerful and is a fierce socialist government under the guidance of Bolshevik. This completely blocks the opportunity to advance and reform Russia's poverty and harsh lifestyle. Initially, economist Friedrich Hayek discovered that certain aspects of socialist thought and theory were accepted and primarily cherished hope elements.
"Height of the bearing" is trying to track the rise of the free market in the last century and the process of globalization. This book is attributed to Vladimir Lenin's speech on the origin of the height of the phrase concerning the important part of recognition that dominates the national economy. The authors believe that before the First World War, the world had practically lived in a state of globalization. The author defines globalization as the period in which the free market is dominant, and the state has few restrictions on exports, immigration, imports, or information exchange. In general, globalization is an active sport that can improve the standard of living of all people related to it, from the richest to the poorest. The authors say that the rise of communism and fascism kills capitalism as well as the Great Depression and it has rapidly lost its popularity.
Commanding Heights (CH) is a three-part documentary explaining the battle of economic thought in the First World War (PBS, 2002). In the first episode we talked about the emergence of the Cairns agreement and the superiority of the Soviet economic model. The second episode is the result of the victory of a free enterprise in a centralized national plan and its good and bad aspects. Finally, episode 3 explains the emergence of a globalized economy and the creation of (re) "game rules". In this commentary we will briefly explain the details of discussion at each documentary and replace it with a major discussion on development theory. I will also talk to some of the conclusions discussed in the documentary as agents interviewed in the film later developed new insights into new theories.