Social Darwinism Social Darwinism A theory that takes Charles Darwin’s Theory of Evolution and applies it to socio-economics. Social Darwinists disagreed with the Progressives Government should not interfere in aiding unions, regulating factory conditions, or private economic affairs Laissez-faire “let do;” government should keep its hands off businesses and the economy as a whole Social Darwinism “It’s survival of the fittest” The wealthy are wealthy because they were the most capable The poor are poor because they are weak Social Darwinism The Hypocrisy of Social Darwinism What is hypocrisy? Can you give some examples? While ...
Who are the Robber Barons? WE MAKE Wealthy industrialists Extremely powerful IT RAIN Believed in creation of large, consolidated, organization Some came from rags to riches What does a monopoly look like? When a single company is in control of an entire industry No competition Company can increase or decrease prices if desired Example: Andrew Carnegie’s company: Carnegie Steel Real Life Applications of Monopoly Every man for himself Try to buy other people’s property Attempt to make everyone else bankrupt Tend to use very forceful and vulgar techniques The strongest survives Robber Barons Use Economic Philosophies to Rationalize ...
Darwinism • Charles Darwin’s 1809- 1882. Major contribution was not evolution itself; but the Part of Darwin’s inspiration in the development of mechanism by which it NS, was the writings of economist Thomas operated: Natural Malthus (1766-1834) who argued that while food selection resources increase arithmetically over time, human population grew geometrically, thus • NS was also discussed leading to an inevitable competition for scarce by Darwin’s resources. contemporary: Alfred Russell Wallace (1823- 1913). Evolution: Basic Principles Evolution: Change over time; descent with modification Darwin said little about humans in Natural Selection: Primary mechanism producing evolution (change ...
Concepts 1. HTTP, HTML, URL, WWW 2. Banner ad, pop up ad, click through ad, cookie 3. Digital Darwinism – Why did Polaroid go bankrupt? 4. Web 1.0 5. Disruptive versus Sustaining Technologies 6. Innovator’s Dilemma 7. Ultimate Business Disrupters 8. Ecommerce 9. Ebusiness 10. The Long Tail Disruptive versus Sustaining Technology • Innovator’s Dilemma (Clayton Christensen) –take advantage of disruptive technologies without hindering existing relationships with customers, partners, and stakeholders –What did exactly went wrong with Xerox, IBM, Sears, and DEC? –Why did Polaroid go bankrupt? An Ultimate Business Disruptor • WHAT was ...
PPT - Power Point | 0.99 MB | Free Download
