When you look at americans , you can realized that theres definitely an " American Way of Life" you realize that we live a very specific kind of way. its hard to describe but when you analysis different situations such as thanksgiving, christmas, our economy and how it works, the constitution, etc. you notice that we are one of a kind, and not in a good way.
capitalism is broken up into many different parts, but overall what it means is that its "an economical system in which good services are produced , distributed,and consumed though the mechanism of free markets". meaning that its all about how products are bought and sold and the logic behind it . another point to add in would have to be that its all about the "free market" and "private property", meaning that it all depends if its free market and anyone can sell the product , or if its private and you have to have the right to sell the product.
the three main parts of capitalism is : land , labor , and capital . meaning that the land is literally the land that you sell your product on ( aka the store, the street, the grass). the labor is who you choose to MAKE sell the products for you , or the labor that you do to sell the products or to produce your products, and then the capital is the stuff that you use to sell you items like signs, advertisement, and then the wealth comes in !
the wealth is when you get profit from the products you sold and are able to increase your profit by upgrading ! the most fun of it all ! it all turns into a cycle sell,profit,upgrade,MORE profit, sell upgrade, EVEN MORE profit.. etc etc. its a way to get rich !
the main objective of the seller would be to make the most money possible while spending the least amount possible. meaning that he wants to buy the product for a cheap amount of money and make the buyer pay extra , so he gets profit. but then its not all up to him , he always has to relate back to the supply and demand chart. [Photo] the supply and demand chart lets you know the highest price you can sell the item for and the lowest amount of money the buyer will pay for the product, which is the market price. you have to revolve it all around the market price which ends up changing here and there, it all depends on the supply and demand if it shifts or not !
now going a little off topic, theres always going to be competition, if theres a free market, there will be way more competition because you'll have more competitors trying to sell along side of you while if its private , you don't have as much.
thats when the invisible hand comes in! the invisible hand is when you put your own interest ahead of your self so that you do stuff automatically , its kind of like your instincts. people use the invisible hand in these situations because they are competing with others so their first instinct is to do BETTer then their competitors and they do it without thinking about it . if one person is selling a coffee for one price, you sell yours with a donut for the same price etc. its all about the competition!
Tuesday, October 28, 2008
Monday, October 27, 2008
CAPITALISM!
capitalism is broken up into many different parts, but overall what it means is that its "an economical system in which good services are produced , distributed,and consumed though the mechanism of free markets". meaning that its all about how products are bought and sold and the logic behind it . another point to add in would have to be that its all about the "free market" and "private property", meaning that it all depends if its free market and anyone can sell the product , or if its private and you have to have the right to sell the product.
the three main parts of capitalism is : land , labor , and capital . meaning that the land is literally the land that you sell your product on ( aka the store, the street, the grass). the labor is who you choose to MAKE sell the products for you , or the labor that you do to sell the products or to produce your products, and then the capital is the stuff that you use to sell you items like signs, advertisement, and then the wealth comes in !
the wealth is when you get profit from the products you sold and are able to increase your profit by upgrading ! the most fun of it all ! it all turns into a cycle sell,profit,upgrade,MORE profit, sell upgrade, EVEN MORE profit.. etc etc. its a way to get rich !
the main objective of the seller would be to make the most money possible while spending the least amount possible. meaning that he wants to buy the product for a cheap amount of money and make the buyer pay extra , so he gets profit. but then its not all up to him , he always has to relate back to the supply and demand chart.
the supply and demand chart lets you know the highest price you can sell the item for and the lowest amount of money the buyer will pay for the product, which is the market price. you have to revolve it all around the market price which ends up changing here and there, it all depends on the supply and demand if it shifts or not !
now going a little off topic, theres always going to be competition, if theres a free market, there will be way more competition because you'll have more competitors trying to sell along side of you while if its private , you don't have as much.
thats when the invisible hand comes in! the invisible hand is when you put your own interest ahead of your self so that you do stuff automatically , its kind of like your instincts. people use the invisible hand in these situations because they are competing with others so their first instinct is to do BETTer then their competitors and they do it without thinking about it . if one person is selling a coffee for one price, you sell yours with a donut for the same price etc. its all about the competition!
the three main parts of capitalism is : land , labor , and capital . meaning that the land is literally the land that you sell your product on ( aka the store, the street, the grass). the labor is who you choose to MAKE sell the products for you , or the labor that you do to sell the products or to produce your products, and then the capital is the stuff that you use to sell you items like signs, advertisement, and then the wealth comes in !
the wealth is when you get profit from the products you sold and are able to increase your profit by upgrading ! the most fun of it all ! it all turns into a cycle sell,profit,upgrade,MORE profit, sell upgrade, EVEN MORE profit.. etc etc. its a way to get rich !
the main objective of the seller would be to make the most money possible while spending the least amount possible. meaning that he wants to buy the product for a cheap amount of money and make the buyer pay extra , so he gets profit. but then its not all up to him , he always has to relate back to the supply and demand chart.
the supply and demand chart lets you know the highest price you can sell the item for and the lowest amount of money the buyer will pay for the product, which is the market price. you have to revolve it all around the market price which ends up changing here and there, it all depends on the supply and demand if it shifts or not ! now going a little off topic, theres always going to be competition, if theres a free market, there will be way more competition because you'll have more competitors trying to sell along side of you while if its private , you don't have as much.
thats when the invisible hand comes in! the invisible hand is when you put your own interest ahead of your self so that you do stuff automatically , its kind of like your instincts. people use the invisible hand in these situations because they are competing with others so their first instinct is to do BETTer then their competitors and they do it without thinking about it . if one person is selling a coffee for one price, you sell yours with a donut for the same price etc. its all about the competition!
Thursday, October 23, 2008
I, Pencil !!
I, Pencil:
I think that the main message of this story is to express the ideas that this “pencil has. And those ideas are that, when you look at a pencil, you see just a simple writing utensil, but really behind it all, there is SO much work from different workers to complete this one pencil. The pencil wants to make sure that you know how many materials and supplies you need to make such a “seemingly so simple” object that’s part of our everyday life. But then it states, “Not a single person on the face of this earth knows how to make me”. He/she goes into deep detail about the different products within this pencil but the most important part is that for that ONE supply, you have about 5 different processes to get that product. “Consider these miners and those who make their many tools and makers of the paper sacks in which the graphite is shipped and those who make the string that ties the sacks and those who put them aboard ships and those who make the ships” as you see the list goes on and on, about the wood that makes the ships, the people that cut the wood, etc etc. it’s a never ending process for one thing! The “pencil” wants to make sure that you know that “millions of human beings have had a hand in my creation”.
There are two points being made here in this story: that A- the pencil is so simple , but no one can seem to understand it, and then B- that there are millions and millions of people that give their all for the making of this pencil. When you connect the two you realize that people don’t even care about this pencil. It’s a part of our everyday life that we don’t even think about stuff like how’s it’s made and what’s its ingredients? “For each of these millions sees that he can thus exchange his tiny know-how for the good and services he needs or wants”. Which is basically saying that the people who offer the services don’t even care about what they are making or the people who BUY the product don’t really think about all the work that is done behind it. When the pencil makers in the factory are making these pencils and adding the lead and wax, etc they don’t think about how the wax was made and who made it, how and were did it come from? They just do their services and get what they want, MONEY!
I think that the main message of this story is to express the ideas that this “pencil has. And those ideas are that, when you look at a pencil, you see just a simple writing utensil, but really behind it all, there is SO much work from different workers to complete this one pencil. The pencil wants to make sure that you know how many materials and supplies you need to make such a “seemingly so simple” object that’s part of our everyday life. But then it states, “Not a single person on the face of this earth knows how to make me”. He/she goes into deep detail about the different products within this pencil but the most important part is that for that ONE supply, you have about 5 different processes to get that product. “Consider these miners and those who make their many tools and makers of the paper sacks in which the graphite is shipped and those who make the string that ties the sacks and those who put them aboard ships and those who make the ships” as you see the list goes on and on, about the wood that makes the ships, the people that cut the wood, etc etc. it’s a never ending process for one thing! The “pencil” wants to make sure that you know that “millions of human beings have had a hand in my creation”.
There are two points being made here in this story: that A- the pencil is so simple , but no one can seem to understand it, and then B- that there are millions and millions of people that give their all for the making of this pencil. When you connect the two you realize that people don’t even care about this pencil. It’s a part of our everyday life that we don’t even think about stuff like how’s it’s made and what’s its ingredients? “For each of these millions sees that he can thus exchange his tiny know-how for the good and services he needs or wants”. Which is basically saying that the people who offer the services don’t even care about what they are making or the people who BUY the product don’t really think about all the work that is done behind it. When the pencil makers in the factory are making these pencils and adding the lead and wax, etc they don’t think about how the wax was made and who made it, how and were did it come from? They just do their services and get what they want, MONEY!
Thursday, October 9, 2008
AWOL interview essay:FINAL DRAFT
Over the past week in class we have been focusing on what other people think of the “American way of life”. I overall interviewed 4 people and they all had very different answers for all the questions I asked, but the one thing they DID have in common was the fact that they all thought you need a college education to survive in today’s society. I had noticed that when I would go ahead and ask the main question, “ What do YOU think is the American way of life”? All of them would hesitate to answer, because since they were talking to teenagers, they didn’t really want to tell the truth, they just told us stuff we SHOULD hear. But after a lot of follow up questions, we all got the truth out of the interviewees.
The truth was what all four of my interviewees; Tim, Mr. Fanning, Josie Kastleman and a 6th grader said, that to get your American way of life you have to have an education. Josie Kastleman had mentioned that you need this college education because in American, everything is revolved around money, you need it to survive. Well the only way to get money, is through job! So she mentioned that in order to get that job , you have to have a well-off education. Mostly all jobs will NOT hire you with high school education. There is evidence of this through Mr. Fanning’s interview. He told us about his childhood and earlier years and how he was in a rock band and that’s all he had as his career. He was smart enough to make the choice to go to college on the side and mastered in English, even though he thought he was well-off with his rock band and that’s what he wanted to do for his living. At the age of 32 he realized that he couldn’t live his whole life being in a rock band so thanks to his EDUCATION, he became an English teacher then a principle for my high school. At the end of the interview he thanked his mother for always being there for him even though she wanted him to go to law school. Which brings me to another point that is very important to the “American way of life”…
I think that who you become when you get older and which path you choose, all depends on your family. I believe that they have a huge influence on you become. I think that it is very important that you have parents that care about you and are always there for you no matter what because if they aren’t, you may choose a wrong path and who will be there to tell you to turn around? A good example of this would be , Tim. Tim went to a private high school and then a private college. HE mentioned that it would have not happened if it wasn’t for his parents paying and supporting me through my education. Without them he would have not suceded and that where the part of his not getting his “American dream” comes in.
This all overall connects to our unit that the “American way of life is non-negotiable” because it shows that from as many peoples perspectives, it will never change on how you need to survive in today’s society. It will always be the same as for that you need a good education in order to get a good career and earn money, because in today’s world , you need money to survive, without it you’ll be in poverty and wont have much.
The truth was what all four of my interviewees; Tim, Mr. Fanning, Josie Kastleman and a 6th grader said, that to get your American way of life you have to have an education. Josie Kastleman had mentioned that you need this college education because in American, everything is revolved around money, you need it to survive. Well the only way to get money, is through job! So she mentioned that in order to get that job , you have to have a well-off education. Mostly all jobs will NOT hire you with high school education. There is evidence of this through Mr. Fanning’s interview. He told us about his childhood and earlier years and how he was in a rock band and that’s all he had as his career. He was smart enough to make the choice to go to college on the side and mastered in English, even though he thought he was well-off with his rock band and that’s what he wanted to do for his living. At the age of 32 he realized that he couldn’t live his whole life being in a rock band so thanks to his EDUCATION, he became an English teacher then a principle for my high school. At the end of the interview he thanked his mother for always being there for him even though she wanted him to go to law school. Which brings me to another point that is very important to the “American way of life”…
I think that who you become when you get older and which path you choose, all depends on your family. I believe that they have a huge influence on you become. I think that it is very important that you have parents that care about you and are always there for you no matter what because if they aren’t, you may choose a wrong path and who will be there to tell you to turn around? A good example of this would be , Tim. Tim went to a private high school and then a private college. HE mentioned that it would have not happened if it wasn’t for his parents paying and supporting me through my education. Without them he would have not suceded and that where the part of his not getting his “American dream” comes in.
This all overall connects to our unit that the “American way of life is non-negotiable” because it shows that from as many peoples perspectives, it will never change on how you need to survive in today’s society. It will always be the same as for that you need a good education in order to get a good career and earn money, because in today’s world , you need money to survive, without it you’ll be in poverty and wont have much.
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